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May 15, 2019 23:21:54

Netflix x 1000

by @keenencharles | 325 words | 43🔥 | 281💌

Keenen Charles

Current day streak: 43🔥
Total posts: 281💌
Total words: 76844 (307 pages 📄)

In the past few days, there's been a lot of news about upcoming streaming video services. Disney unveiled Disney+ and their lineup looks impressive. AT&T intends to launch its own service with content from WarnerMedia. NBC has one coming soon. And there's already a bunch of them available now.

It's lead a lot of people to wonder how Netflix will survive when it loses all this content.

The foresight Netflix has shown is incredible. Many questioned why they invested so heavily in original content but now it's clear to see. It was inevitable that the existing entertainment companies would see Netflix's pie and hope to grab a slice for themselves. Now Netflix has a library of its own content that targets every demographic and there's even more in the pipeline. They've found their own event shows like Stranger Things and Black Mirror, and even event movies like Bird Box. From a content perspective, Netflix will be fine.

But will they lose subscribers?

I think there's room most consumers wallet to subscribe to multiple streaming services. As long as they're priced accordingly. Adding a $7 subscription to Disney+ to your existing Netflix subscription is still cheaper than cable.

Few of these companies have the diversity of content that Netflix does. Disney definitely has it, Warner maybe, but does NBC or CBS? Netflix is great because there's something for everyone. Without a wide range of content, you'd have to attract consumers with marquee franchises. Disney clearly owns all those. Warner has some but do the others?

In the long term, I think Netflix will be fine. Many of these streaming services that launch will fail to gather enough subscribers. When they do they'll have to find homes on platforms like Netflix & Amazon Prime. If by that point Netflix has maintained its success with original content, they'll have the upper hand for any negotiation with former competitors.

"Does Netflix need you or do you need Netflix?"

  • 1

    @keenencharles What's going to happen is that pirating (whether streaming or torrenting) is coming back with a vengeance. Not so much because new services are expensive, although they do add up, but what's worse is the uncertainty and inconvenience they generate.
    Will I sit around for 20 minutes sifting through Netflix, Hulu, HBO, Disney or AT&T collections for my show? Will I tolerate finding my previously saved title "No longer available"?
    The only ways to make sure is to find platforms that deliver everything in one place (pirate sites) or to download your content (maybe external storage manufacturers are also in for a boon).
    Welcome back to the year 2008.

    Gabriel Greco avatar Gabriel Greco | May 16, 2019 08:49:44
    • 1

      @gabrielgreco yeah good point. No one's going to pay for every service just to see one show/movie on each. Movie studios keep forgetting the decline in piracy was due to the superior experience provided by Netflix. If they ruin that experience of course people will return to piracy.

      Keenen Charles avatar Keenen Charles | May 16, 2019 07:20:12
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