4 ms·
Netflix's situation was unsustainable. We were getting content very cheaply because they were skirting a lot of agreements that made sure all the people in the
by autokad 3y ago
Netflix's situation was unsustainable. We were getting content very cheaply because they were skirting a lot of agreements that made sure all the people in the process got paid. Most of big tech's innovation was just doing this: skirting laws and agreements and cutting people out of the gains.
Also, companies initially allowed netflix to stream their assets because it was at first thought of as free money. Example: "We are not going to loose viewers by letting them stream our Breaking Bad, why not?"
however, cannibalizations did occur, and netflix inevitably became a competitor.
- readthenotes1 3y ago"Most of big tech's innovation was just doing this: skirting laws and agreements and cutting people out of the gains." Interesting cuz the vast majority of any tech innovation is cutting people out and using fast and reliable machines to do work instead...
- edgyquant 3y agoAh yes, because Uber and Airbnb definitely cut people out of the mix
- readthenotes1 3y agoYou think taxis and room renting are innovations of uber and Airbnb??
- Almondsetat 3y agoOnce upon a time streaming required the highest end hardware and software you could get your hands on. This meant that only a company (i.e. Netflix) that specialized in streamimg services could offer such expertise, thus if you wanted your content streamed you would sign an agreement with them. Nowadays "streaming engineers" are a lot more available for building a company's streamimg platform and costs have gone down significantly so everyone is just ending the deals and getting back their stuff