3 ms·

Porsche is easy to replace only if you bought it as just another fast car. If you bought it for the design, the legacy, or what the brand means to you, it’s not

by _kush 1y ago

Porsche is easy to replace only if you bought it as just another fast car. If you bought it for the design, the legacy, or what the brand means to you, it’s not so easy. Netflix has their content as their moat. Even if someone today builds a better version of what Netflix used to be, it wouldn't matter. They won’t have the rights and licenses to the shows and movies. That’s what keeps people from switching. Porsche has to keep earning you as a customer with every new model. Netflix just needs to keep you watching.

echelon 1y ago
> Even if someone today builds a better version of what Netflix used to be, it wouldn't matter. They won’t have the rights and licenses to the shows and movies. That’s what keeps people from switching. What, apart from Stranger Things and Squid Game, has been enough of a cultural touchstone that it keeps people on Netflix? Those aren't things you keep coming back to again and again. Netflix doesn't own Friends, Seinfeld, The Office, Community, Parks and Rec, etc. I'd argue Max (nee HBO) has better legacy titles and franchises. They have both enduring IP as well as the reputation of being "destination television". The thing that keeps people from cancelling Netflix is that they have a better content slate of licensed classics paired with new originals. And they do it in the greatest volume of all the streamers, so there will be "something" on, even if it isn't particularly good.
- cestith 1y ago
  Nobody Wants This; Bridgerton; Wednesday; Man on the Inside; 3 Body Problem; Emily in Paris; the live-action Avatar: The Last Airbender; Love, Death, and Robots; How to Sell Drugs Online (Fast); Is It Cake?; Everybody’s Live with John Mulaney; and some others I’ve definitely had conversations about outside my own household. Arcane was a pretty big deal and it was released on Netflix and TenCent. They also have continued series that originated on other networks, including Unsolved Mysteries and Black Mirror. I know several people who watched Cyberpunk: Edgerunners on Netflix and are excited about the upcoming CDPR and Netflix project set in the Cyberpunk universe. I’ve had recommended to me and have recommended to others quite a few of their original movies. You might like 6 Undergound if you’re looking for an action movie.
  - BigGreenJorts 1y ago
    Love How to sell drug online (fast), surprised to see it listed here tho 'cause I've never heard anyone talk about it. Considering it got 4 seasons, it must be popular tho. And yeah, Bridgerton, Wednesday, Emily in Paris, and 3 Body Problem each certainly take their moment at least in my circles.
  - HWR_14 1y ago
    Also, Netflix kicked off the streaming premium shows with House of Cards and Orange is the New Black.
- badc0ffee 1y ago
  There was the original Netflix-produced hit, House of Cards. Making a Murderer was also huge (although I didn't watch it). And then Tiger King blew up during the pandemic (although again, I never saw it myself). I think the Jeffrey Dahmer one was also big, because there have been so many stupid memes about him since then, from people who weren't around to hear about him on the news.
Arainach 1y ago
>Netflix has their content as their moat. Only Netflix-produced shows apply here. Before Netflix started producing content they had *no moat*. That's the big problem with media streaming - the content owners have all the leverage. Any profit you make they can see and simply increase licensing costs to transfer to them. If you don't want to pay they can (and will, and have done) start their own competitor since the technology isn't a moat - content ownership is.
- TimPC 1y ago
  Large aggregation is also to a certain degree a moat. Most creators have quickly found that people won't pay for one creator's content unless that creator is a huge volume creator (at the scale of maybe Disney). No one subscribes to a platform with 20 movies and 5 TV shows.
  - travisjungroth 1y ago
    Dropout.tv is a counterexample. They're not 20 movies and 5 TV shows, but they're closer to that than they are Disney. There are also all the people who make a living on Patreon.
- immibis 1y ago
  Which is also how rent works for physical locations, by the way.
- chii 1y ago
  Which is why back in the 1930's, there's anti-trust legislations preventing movie studios from owning cinemas. This prevents the ownership of IP from dictating prices in the cinema. The situation with streaming platforms are exactly equivalent, and these content production studios have learnt to prevent this sort of anti-trust legislations from forming. in fact, the cinema ownership decree has been ended i think: https://www.laineygossip.com/with-sonys-purchase-of-alamo-drafthouse-could-studios-buying-movie-theaters-become-hot-new-trend/78384 https://www.laineygossip.com/with-sonys-purchase-of-alamo-dr...
- mejutoco 1y ago

by _kush 1y ago

echelon 1y ago

> Even if someone today builds a better version of what Netflix used to be, it wouldn't matter. They won’t have the rights and licenses to the shows and movies. That’s what keeps people from switching. What, apart from Stranger Things and Squid Game, has been enough of a cultural touchstone that it keeps people on Netflix? Those aren't things you keep coming back to again and again. Netflix doesn't own Friends, Seinfeld, The Office, Community, Parks and Rec, etc. I'd argue Max (nee HBO) has better legacy titles and franchises. They have both enduring IP as well as the reputation of being "destination television". The thing that keeps people from cancelling Netflix is that they have a better content slate of licensed classics paired with new originals. And they do it in the greatest volume of all the streamers, so there will be "something" on, even if it isn't particularly good.

cestith 1y ago
Nobody Wants This; Bridgerton; Wednesday; Man on the Inside; 3 Body Problem; Emily in Paris; the live-action Avatar: The Last Airbender; Love, Death, and Robots; How to Sell Drugs Online (Fast); Is It Cake?; Everybody’s Live with John Mulaney; and some others I’ve definitely had conversations about outside my own household. Arcane was a pretty big deal and it was released on Netflix and TenCent. They also have continued series that originated on other networks, including Unsolved Mysteries and Black Mirror. I know several people who watched Cyberpunk: Edgerunners on Netflix and are excited about the upcoming CDPR and Netflix project set in the Cyberpunk universe. I’ve had recommended to me and have recommended to others quite a few of their original movies. You might like 6 Undergound if you’re looking for an action movie.
- BigGreenJorts 1y ago
  Love How to sell drug online (fast), surprised to see it listed here tho 'cause I've never heard anyone talk about it. Considering it got 4 seasons, it must be popular tho. And yeah, Bridgerton, Wednesday, Emily in Paris, and 3 Body Problem each certainly take their moment at least in my circles.
- HWR_14 1y ago
  Also, Netflix kicked off the streaming premium shows with House of Cards and Orange is the New Black.
badc0ffee 1y ago
There was the original Netflix-produced hit, House of Cards. Making a Murderer was also huge (although I didn't watch it). And then Tiger King blew up during the pandemic (although again, I never saw it myself). I think the Jeffrey Dahmer one was also big, because there have been so many stupid memes about him since then, from people who weren't around to hear about him on the news.

Arainach 1y ago

>Netflix has their content as their moat. Only Netflix-produced shows apply here. Before Netflix started producing content they had *no moat*. That's the big problem with media streaming - the content owners have all the leverage. Any profit you make they can see and simply increase licensing costs to transfer to them. If you don't want to pay they can (and will, and have done) start their own competitor since the technology isn't a moat - content ownership is.

TimPC 1y ago
Large aggregation is also to a certain degree a moat. Most creators have quickly found that people won't pay for one creator's content unless that creator is a huge volume creator (at the scale of maybe Disney). No one subscribes to a platform with 20 movies and 5 TV shows.
- travisjungroth 1y ago
  Dropout.tv is a counterexample. They're not 20 movies and 5 TV shows, but they're closer to that than they are Disney. There are also all the people who make a living on Patreon.
immibis 1y ago
Which is also how rent works for physical locations, by the way.
chii 1y ago
Which is why back in the 1930's, there's anti-trust legislations preventing movie studios from owning cinemas. This prevents the ownership of IP from dictating prices in the cinema. The situation with streaming platforms are exactly equivalent, and these content production studios have learnt to prevent this sort of anti-trust legislations from forming. in fact, the cinema ownership decree has been ended i think: https://www.laineygossip.com/with-sonys-purchase-of-alamo-drafthouse-could-studios-buying-movie-theaters-become-hot-new-trend/78384 https://www.laineygossip.com/with-sonys-purchase-of-alamo-dr...
mejutoco 1y ago