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There was a beautiful period before the fragmentation happened where there was good content on Netflix, discovery was still solid, and competitors hadn't caught
by rozap 3y ago
There was a beautiful period before the fragmentation happened where there was good content on Netflix, discovery was still solid, and competitors hadn't caught up yet so lots of studios were licensing to Netflix. That is when I paid for it. But now every network has their own streaming service for $20/m and we don't subscribe to any of them.
- Mindwipe 3y ago> There was a beautiful period before the fragmentation happened where there was good content on Netflix, discovery was still solid, and competitors hadn't caught up yet so lots of studios were licensing to Netflix. That is when I paid for it. But now every network has their own streaming service for $20/m and we don't subscribe to any of them. "I am only willing to subscribe to you on terms where the company was having to borrow billions of dollars a year to stay afloat" does not make you very valuable as a customer, and you shouldn't be surprised nobody makes what you want on that basis.
- cudgy 3y agoTrue. That is not a good customer, but what if that customer is representative of most customers? All those billions of dollars “loss-leading” customers may not pay off in the end as the company tries to raise prices while providing less for more money.
- Mindwipe 3y ago> That is not a good customer, but what if that customer is representative of most customers? Then streaming is unsustainable and we go back to cable as the streaming providers go bust. But it's not representative of most customers. https://deadline.com/2024/01/netflix-earnings-q4-2023-streaming-subscribers-1235802499/ https://deadline.com/2024/01/netflix-earnings-q4-2023-stream...