Netflix Hit a Subscriber Peak. Here Are 3 Strategies They Might Try to Keep Growing | WSJ
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- čas přidán 2. 05. 2022
- Netflix’s subscriber count fell for the first time in nearly a decade, causing its stock to post its worst one-day percentage decline since 2004. WSJ’s Joe Flint walks us through three strategies the company might try to continue growing, and what the changes could mean for other streamers. Illustration: Jacob Reynolds
CORRECTION: An earlier version of this caption said Netflix's stock plummeted to its lowest point since 2004.
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The problem is that netflix is spending 17B a year on content without much to show for it. is well know that netflix overblows budgets on bad shows, and then goes and cancels a good show after a few seasons.
Thats cause the „bad shows“ actually bring in the money while the good ones often aren’t hyped enough. Squid game probably only got so hyped due to its overblown violence and not due to its deconstruction of capitalist society
yeah they should be focusing on doing more series on the shows people loves
The latter can be said with their anime content too. Does not provide enough budget for really good well known content and blows it even just for one season.
@@KM-00 anime and k drama is a must for netflix things like squid game and anime releases is a block buster
Bring Marco Polo back!
No, not price, but value. Spotify has music that can be replayed hundreds of times. TV shows are typically view once only. CZcams has new content every second. Netflix has only a handful of movies people want to actually watch/rewatch. Every consumer will eventually ask the same question, am I getting good value from this service?
That is true to a certain extent. HOWEVER, I would advise Netflix to learn from Paramount when it made Star Trek TNG: focus on creating smart, tight series with a viciously loyal following that are rewatchable. These tend to cement subscribers like me (you may already guess what series make me stick to Netflix). Accumulate rewatchable, high quality shows like these and you're guaranteed atleast a defensible position in terms of subscribers. Films are great if they're high quality as well. They shouldn't just fund anyone's project. They should try to really vet projects based on merit and quality. That might also mean being a bit exclusive about what shows get to their platform.
Plus, they really should try to focus on each genres equally and with a little more sensibility. I've noticed they tend to favor certain genres more than others, producing weird shows that no one can/should/would watch. They're unwatchable except during times of global outrage and ridicule. Those tend to peter out quickly. I am looking at you Goop. They really should stop that.
CZcams is free, Disney plus come with bundles and Amazon gives you a great deal. Then their Netflix which hasn't changed since 2011 and now they don't want you sharing accounts.
And it is also because of the competition. Amazon Prime, Disney, HBO Max are all competing to give their best offers.
CZcams is actually bad: like removing the dislike button and shadowban for no clear reason. But nobody talks about it, because practically CZcams is a monopoly right now. Dailymotion doesn't have enough attention despite it's getting better.
Bad example because Spotify also loses more money on their service paying studios license fees to use the music on their service than they actually make from subscribers paying for it. In fact, podcasts make way more money for Spotify because a target demographic of people keep tuning in regularly as scheduled. The expenses they have to pay is minimal and almost anybody can join in and start one, not just Hollywood celebrities. Joe Rogan is king amongst podcasters on Spotify, that's why they haven't fired him but were okay saying goodbye to Neil Young, Joni Mitchell, and whoever else said goodbye and yanked away their music catalog off from Spotify's platform.
The reason why Spotify will always be around is because music streaming is usually held in balance by perfect competition. They all have the same basic music catalog, it doesnt really matter which one you choose because your favorite artists are going to have their albums on there, the popular radio songs are all going to be featured on each platform, almost all of them have the same price for the same subscription tier with the same benefits, the only thing that differentiates Spotify, Tidal, Apple Music, is stuff like podcasts, playlists, hi fidelity lossless audio, etc. Just very small changes on individual platforms that can make or break your decision to choose which music subscription service to choose. Not like video subscriptions where the entire thing is vastly different, no one shares the same content, and you pay Hollywood huge amounts to make new exclusive content for your platform just to get you to stay loyal for another extra month
The reason I pay for Netflix is to avoid watching ads and the reason I pay for the package I have is so that my family can use my account also (regardless of where they live). If either of those change I don't see a reason to keep my account with them.
I don’t see the ads thing as a big issue because I assume they’ll keep an ad-free option, but yeah, the password sharing thing really pisses me off
@@Coracora-he9pz they may start of with a lower price for an ads package but eventually they'll raise the price and you'll have to pay more to avoid the ads or just make you pay more upfront altogether.
The current price is probably already the ads package.
I foresee people pirating the individual shows they want again soon
You will because they have exclusive content. By the way, If they adopt this strategy and it is successful the competition will do the same.
As a user and investor I hope that they don't take away the password sharing. That is their ingredient X for success. If they remove it they will lose their viral component.
I really think Netflix trying to crackdown on password sharing is going to backfire. Expecting college students and family members to have their own separate streaming plans is ridiculous, especially if people are paying for the highest tier to have multiple profiles. And honestly, it wouldn’t be that hard to pirate content for free if they decide to get out of control. Let’s not forget why streaming platforms even became popular to begin with…
Exactly.
Many of my friends have family accounts and study in diffrent cities from where their parents life.
If they do that I will cancel my subscription.
I guess your wrong 😮😅 there growing subscribers now.
Ah yes, the perils of relying on infinite growth as a means to please shareholders. I think it would be hilarious if more people cancelled once they implement the changes.
they're doing the same strategy as amazon's
speding more money to further growth
but the case of netflix is they only have one revenue stream whom which is streaming subscription
The market needs something like a Spotify who literally only handle the hosting and apportion royalties without being a content creator.
We've come full circle - Netflix singlehandedly killed video piracy, then everyone making copycat solutions blew subscription costs out of the water to the point where cable might be competitive again; it's fundamentally impossible to have a efficient market long term when every studio is running a separate service, and consolidation would not make things better overall. Nowadays piracy looks very good again because of just what a disaster the mess of expensive apps has become.
But I think Netflix is forced to be a content creator. They wanted to be like spotify and they did at first. Problem is unlike music who is produced by a very very big group of different people and companies, good movies and series are way way more expensive to produce and there are only few major players other than those many minors.
It is because Disney want to have their own pie and stop supplying Netflix, same as HBO and etc. I think that is why Netflix felt threatened and started on making content themselves.
Their price and tactics is getting a bit ridiculous yes and they keep wasting money on bad shows is right but because of how the industry structure differs from music, I doubt there can ever be a “spotify/apple music” in the streaming space. Because those giant with a lot of movies and series under their bag and copyright wants a share and don’t want to let a middleman earn. And if Netflix don’t try to make content, it will also get stale but yeap.
@@ruthlim1285 Agreed.
I think the only good end-game is a pay per view model.
I'd gladly pay 15 cents an episode or something instead of subscriptions.
Increase the granularity of user choice.
Giant streaming companies managing huge catalogs meant to appeal to a broad audience at a fixed price is EXACTLY what made cable unattractive in the first place.
@@Proton_Decay I don’t think that will work out nor will the big companies be willing to offer that deal. For one, I don’t think Netflix can even do that because if their most popular series are bought like let’s say a kdrama, the cost is already there. And the cost to produce movies and drama are way way more then music which may work with a 15c per play. Not to mention quality content requires way more money.
And also particularly for movies, renting is pretty much available at 4.98$ (in my country currency) which is essentially a period viewing model and I see that close to per view. They won’t want to drop that price anymore to something like 15c.
And if you want something to view that is cheap then there is an option of CZcams. CZcams works cause it is not their expenses to make those content. And youtubers many are unable to survive on the money youtube paid. Most survive by the donations from their fans/sponsorship and ads they took on the side which is way more.
There are costing involved and while I think a per view model may work but maybe not because I doubt they can drop down costing to something most people like.
I agree with you fully. But I don’t see that happening 🥺
Password sharing should be regulated to a degree but imagine if network TV "cracked-down" on people watching a game at a bar on a public TV or someone watching a fight at a friend's home. Would the consumer still support that channel?
the sports networks absolutely crack down on people watching games at bars and you will be hit with a big lawsuit if you show a sports event at a bar without a public broadcasting license for that content - way more expensive then the rights to watch it at home with a few friends
@@daviddip3947 all the small-town cafes in southern Europe having huge parties whenever the euro cup is on: *eyes emoji*
Netflix didn't take into account about a portion of those accounts are owned by a group of friends paying for the same account. I for one and my friends decided to have a netflix account and dividing its fee into 4. Netflix didn't take into consideration that Netflix account aren't exclusive only to family subscription, there are accounts that a group of friends are using and paying it dividedly like us, and I have also many friends who did the same method. Plus netflix is not loosing money because of password sharing, that possibility is already blocked by "4 screen to play limit".
Yea when I was in uni we did the same, subscription cost is quite high for a student especially when don’t use it that often
"A Netflix account is for people who live together in a single household."
Spotify always has almost all the music anyone has ever heard of. Netflix is not this for TV shows and Movies. They are not focused on making you able to watch what you want on the platform, they are only concerned with making sure there is something to watch. If there is something you want to watch on Netflix, you better hope and pray its actually on the service this month. I don't want this. I want Spotify but for movies and TV shows.
Artists want their music on Spotify they get exposure and royalties. Netflix has to pay to show the movies so it can’t have literally everything. I know what you mean though but imagine the cost differential involved in making a song and making a film, they can’t just let streaming services have them all for nothing like music.
Thats difference between mediasadly netflix cant do anything about it.
What you want will never happen
"All the Programing you love." What programing is that? It's just wall to wall garbage.
This whole pressure is coming from being a publicly listed company, plans, strats and all to keep stock high, not costumers happy.
if they were a private company they would be smaller but sustainable. Now there's shareholders who are looking for growth and will sue the company if they don't make the company grow
Netflix has like 5% OK contents with 95% of junk contents.
Here's an easy one, stop trying to get richer by jacking up the price, and maybe how about lowering it and the droves of new subscribers will be too much to handle
yay... we went full circle, from "wow cable sucks and stuck with commercials" to "yeah this service has tons of wtv content but you get some ads :)"
I still can't see how they plan on limiting password sharing? How can you limit this without putting too much pressure on the "honest" users? IP lock? Well what about when I'm on my way to work or on a holiday. Lock the specific devices? Well what if they break/get stolen,...
The low-cost ad option might actually make sense, as long as they don't push ads onto the other levels. It will probably depend on what will be their revenue from ads if/when they go through with it.
But the biggest problem is, in my opinion, the quality programming. Yes the Adam project, that was used as an example, was great, and there are definitely others, but there are so many really terrible ones.
I'm probably going to catch some hate for this but whatever. There are many shows (or movies) which have/had the potential to be great, and often still did very well, but they could have performed so much better if the focus was on the quality of everything (show, story, characters,...) rather than their inclusivity. And sadly there were many really bad shows and movies which, in my opinion, were made just so that Netflix could showcase just how inclusive they are. And I'm not saying that inclusivity is bad, I don't care if a character has a certain skin colour or sexual orientation or whatever, but I do care when it's the only thing that defines their character or when it's a major change compared to source material...
You right man inclusivity is good but whenever I have to think about the winx reboot I have to puke they ruïned a show that had so much potential with all the nostalgia and potential to create a new fan base. But Netflix wants as many shows as possible and doesn’t make quality stuff. It’s like maybe 1/10 is actually good. Also hate that they put so many sex scenes in their shows. I was so ofput by brigderton because in the opening scene there was already a sex scene it really doesn’t add value for me
Somebody (not me) shares a subscription with 2 other people. This is because Netflix, in the age of 4K streaming, only offers 480p video quality on their basic plan meant for one person. So these 3 people got together, paid for the premium plan and now share the cost which works out cheaper than if all three had a basic plan. Netflix is unintentionally incentivising password-sharing by forcing people to pay more for low picture quality. If they offered 4K picture quality on their basic plan, somebody would've stuck on the basic plan.
The difference between HBO Max and Netflix is that the former believes in scouting, cultivating and enhancing a couple of truly special pieces of content for their platform. Netflix on the other hand writes a check and throws everything at the wall and hopes things stick like Squid Games. It's like trying to draft NBA by signing 500 players to your team and then hoping one of them shows themselves to be good and calling that a strategy instead of doing the work and scouting for a truly special diamond.
Yep that’s why hbo shows have been superior for years now. Netflix new shows 1/10 is maybe actually good
On the content production side at Netflix I’d recommend they reduce the number of new shows but commit to three seasons for a show as long as the first season meets whatever goal they’ve set for it in terms of number of times streamed. Don’t fret if the second season doesn’t meet its goals but just inform the production team the show will not be renewed for a fourth season and give them a lot of advance notice to wrap all the show’s “loose ends” before or during the third season finale.
I watch Netflix for about a month a year. I watch Disney+ once a week. I watch CZcams everyday.
Netflix will most likely bring ads.
one strategy is getting wsj to advertise
Netflix should work on reducing the time to find next show. They should allow for user to provide ratings on each show. Create a review culture within the app. This will significantly reduce the time to discover a new show. CZcams exactly does this and works like a charm. As much as I hate Amazon prime, the imdb ratings mentioned under each title is very helpful for me to stream or skip it. In the case of Netflix, I have to open a new chrome tab, figure out whether its worth my time and then start watching it. More actions more friction.
They had ratings and they removed it! Which I still don’t understand
@@TheMarc477 they removed it because people didn’t like Amy Schumer. “Muh vugina!”
After watching this I'm seriously considering cancelling my Netflix subscription. I've kept it out of habit and when I use it I'm watching reruns of old shows that will eventually be taken off Netflix.
yea
Isn’t the whole point of streaming to not watch adds
"Disney+ and HBO Max saw subscription spikes for big releases like Hamilton and Wonder Woman '84..."
Wonder Woman, really? 😂
Hahaha exactly what I was thinking
ok misogynist
Focus on quality not quantity
They can start a Netflix Financial Trust or NFT
Netflix, when it finds a show that sticks, has it create more seasons that are just terrible. Then they pump ads towards it to a point where you just hate the show and the service.
One more thing i want to add:
Pirated websites from where people are downloading the content for free... (I am also one of them).
The problem is too much “penetration”
maybe they just have to check their recommendation algorithm, because for last year I see almost the same recommendation movies that i don't want to watch.
Similar as youtube has the same recommendation videos for long time unless you mark them "I am not interested" and then a lot of new content pops up in your recommendation. I think Netflix lacks this feature
Netflix is gonna cry like babies when even MORE people cancel when they can't share an account with family.
im on the rotating subscription.
this month: netflix
next month: hulu
month after: nba
then: disney
its a wonderful consumer market
I mean, they can try this... But I'm canceling if I can't share my account with my immediate family. My account is tied to a T-mobile promotion... Why would I have gotten the promotion to pay individually? It makes no sense. You said I get a family account.... Now you want me to pay individually....
To stem the losses Netflix should turn the Standard plan into a 4 screen, 6 profile, 4K supported ad-free plan offered at $15 per month and $120 per year, introduce an ad-supported monthly-only $7 per month plan and dump the other plans. The primary objective here for Netflix would be locking in many users into an annual plan. A premium option would be to let the Standard users pay an additional $2 per month or $24 to increase to 6 screens and thus match the number of screens to profiles.
Nice video.
We're going full circle. Very soon they'll be selling us normal TV again.
I’m just thinking out loud here, but why does not one streaming service (Netflix now mainly) offer their own crypto token and the option to pay with that?
They’d create their own stable coin, the more people that buy and hold the higher it goes up +there’s actual use to this. An option, if you’d rather pay in FIAT or NFLX Token would also be very time appropriate with, mainly young people using their service, and the current crypto hype.
I know there would be some sort of regulation from the SEC, but they’d be entrepreneurs in their sector and create their own ecosystem.
Screw that, I will not longer use Netflix if they fallow through on password sharing . SO SELFISH ON NETFLIX !
They lost some revenue from dropping Russian consumers and want to get it from us. I canceled mine. Haven't been using it for months and then I gave it to my father to watch a series he was watching on TV. Messages that this is a different household started appearing after few episodes. I wonder why streaming and gaming make paying for content such a pain. People will resort to piracy.
Everyone was salty at the super weird content, then they listened to their customers, immediately pivoted and started releasing alot of great content again that people are excited to see and watch. Now that's a solid business move right there bud. If I didn't have negative ??? Amount of $ I'd be watching alot of Netflix while I try and heal cancer with literally just food, water and vitamins.
I don't see the problem with password sharing if they only allow each account to watch 1 thing at a time.
People paid cable and still had ads, wait until streaming services discover about this lol
Thank you.
What’s the point of an ad-supported plan if you still have to pay???
To me Netflix is the staple streaming service, i can't see myself getting rid of it. But i have to admit since the recent price increase I did drop my subscription to the middle tier.
Why not, it's not like Netflix respects you they spread far to wide and keep charging us more to do it.
I agree, but netflix's value is dropping. How many bad cooking shows they bring every quarter compared to great shows that get canceled?
I got rid of it. Apart from Stranger Things, haven’t missed it at all.
good one
I go out of my way to not deal with commercials. I'll never go back to Netflix at this point. It can't get enough content with so many streaming services vying for content as well. Hulu is great, but I can't use the ad version, it drives me mad to pay for something and get stupid ads.
Netflix has recently increased its monthly subscription fee, which was a horrible choice. I recently unsubscribed due to a price increase as well.
I feel like they are ignoring the fact that if the 100 million viewers had to pay for their own account instead of using their family member's account they may give up Netflix all together and go to one of the many alternatives. I guess if they get 10 million additional subscriptions from cracking down on password sharing that is still a huge positive for them.
Buy Curiosity Stream: Netflix needs good documentaries in its catalog. That will bring millions of people that love real science and history and not bs like "bigfoot" and "haunted houses" like the Discovery Channels has.
fun fact, both made by the same guy
I’m still using my parents Netflix password and if they kill password sharing I won’t be signing up. Sorry Netflix …
Charging extra for using it out of your household will make me cancel, I don't share my password but I do travel a lot.
hey I got a good idea, what if create/buy livense of good movies and shows
Install most common data in most of new device then only send key to open when purchase financial transaction finish each purchase is thousand times cheaper than streaming
When company became too big: "yeah, lets have ads to grow"
I quit NETFLIX; one reason is "cannot watch other country content" for that, buy VPN which supports Netflix content change based on country.
Netflix subscription + VPN subscription + Internet subscription = I quit NETFLIX
Torrent is good; just wait 1 or 2 days for all new content on torrent download and watch!
A big problem is they will release 4 or 5 big hit shows at once near the start of the summer leaving ppl overwhelmed and then go months without any good original content like disney+, that's the time people unsubscribe, they need to space out their releases better so people can watch one show at a time if they have so many originals, not charge me for using my moms account in college
They also need to restructure their menu. It's too messy and too much stuff. Sometimes it doesn't even show whatever i previously looked for or at.
Wild idea : Netflix could have third party content creators and compete with youtube. They can start with having a dislike button
That’s what I suggested also. That third party should be Netflix and free. Bring creators from you tube onto that platform to create exclusive content
I think that Netflix is suffering at the moment for two reasons:
1-There are a competitors who are doing their best to beat Netflix
2-People now are living with COVID-19 pandemic as a normal thing, and that gave people an opportunity to go back to the cinemas
Honestly, i don’t see any reason why ‘people going back to cinema’ is a reason for Netflix decline, it is different.
Netflix's model doesn't work for all types of shows. Most shows only get 7 seasons on the service. That works for serialized content like Bridgerton, but not for talk shows like Patriot Act with Hasan Minhaj. I think subscribers would love to see Patriot Act continue for years, but they had to cut it because of their 7-season cap
Don’t want password sharing? Stop forcing people paying for 4 screens just to stream in 4K
Netflix doesn't give you a yearly plan. They give you a monthly plan based upon your paying capabilities.
Here in India the basic plan in which you can use Netflix on both computer and mobile is about 200 INR that yearly is about 2400, plus you need an internet connection which cost around 239 per month 2868 annually.
On the other hand Disney+ in collaboration with hotstar gives a 499 annual plan which at first subscription also gives user the internet package for 1 month.
To sum up the whole cost of annual Disney+ subscription with
Yearly internet connection is 3367 INR . Whereas annual subscription of Netflix and yearly internet connection would cost you 5268 INR
Given the current economyYou can't blame someone for opting for cheaper things.
@Moon Shine Price is definitely a contributing factor. Additionally half of their "Original" shows are not demanded by majority of the public. They cancel the good shows most probably after two seasons. They published all of the episodes at once that makes the subscriber to not to hold for so long.
I guess the honeymoon with streaming services has ended...Im going back to good old cable
Wait a second, why would you think that streaming is not penetrated in Asia?
There are many services and platforms already in place.
Password sharing the the foundation of why people have 3 Streaming Services, I tell you one thing I taught about unsubscribing so often because I really use many of those services and the only reason I did not unsub is because I have friends and family using the same account. If more that 3 people watch at the same time then it does not work so whats the issue?
Trying to please shareholders and forgetting about their customer base is the peak of innovation these days.
If a person or people could afford a 3 to 4 bedroom home with 2 cars and 2.5 kids, paying a monthly Netflix subscription shouldn't be an obstacle.
I guess like they all say different strokes for different folks. For me I like their documentaries and foreign language content. Also I'm a child of the 80's & 90's so they have my content covered. If I wanted the latest movie releases there's always a Redbox at my local supermarket.
Congratulations 👏
If Netflix cracks down on password sharing, I won’t be a customer
They should fire their creative director . The shows are so lame lately
Give the people the best possible service, money comes after. I'm currently doing an MSc in investment and finance but I don't believe money should be the motivating factor behind decisions. Firstly, they should probably make all subscriptions tiers stream in 1080p at a minimum. Secondly, Netflix shouldn't compete for the time of the people, they're not youtube, instagram or tiktok. They should release a hit movie or two and shows a month, should be sufficient. I'd enjoy netflix more if I spend more quality time on it instead of just more time. I also hold a few shares of the company.
Im always a bit surprised when i see comments like these on youtube, like do you really think the executives at netflix havent crunched the numbers to the core? Like what you said about 1080p streaming for everyone is a good theory but i could argue that it would reduce the incentive to upgrade to plus or premium. Your side of the argument may seem more compelling then mine but ultimately you would have to assume that a team of experienced executives have weighed all the variables most likely with the help of AI or advanced mathematics which exceed by far the logic of an individual currently studying investment and finance.
@@michaelfordsham2715 Think of it this way. Competitions offers at least 720p as a standard. If you offer 480p either they use the plans that cost more (which is already at a much higher price than competition), or they switch to competitors. Let us bare in mind that you can easily find pirated copies of the movies/shows online at that low levels of quality for free. They probably have that plan there to psychologically make customers pay a little extra for a higher quality. But think of this, if this plan is so useless and pricey, they're missing out on a large number of price concious customers. They're already planning on having a ad-supported plan to target these types of customers, so clearly they want them. They aim to have a profit margin of 20%, but in the competitive environment that may not be possible. No need to offer poor products just to keep a certain margin which isn't even sustainable. Finally, the more people that watch netflix the more subscribers it attracts, both due to more revenues which lead to more production and due to networking effects (when people talk about shows in this case). But yeah, thats a few of my arguments. Just because people are in a certain position doesn't mean that have the best of ideas.
@@Account-wi9wd 1st of all youre overestimating the availability of online free content as its full of ads, malware, youre fourced to keep the window open, websites keep on getting shut down and i really dont think people look at it as a viable option against netflix. Netflix at 480 has a such clear advantage over free online content that i beleive the amount of people that rely on free content that would be swayed to pay 10 bucks a months if netflix upgraded their viewing quality would be neglible. Secondly, to hone in on your point about rasing the standard subscription model to 1080, i understand your point of view , but for a company the size of a netflix it becomes a pure numbers game i.e. amount of new suscribers tempted by the higher quality vs the minimisation of the incentive to upgrade to more expensive streaming. With the amount of data and analytics at netflix's disposal i think they have the lead on you with this one. And thirdly when you mentioned the importance of prioritizng the brand and experience over profit margins or revenue maximisation in the original comment, i beleive its possible that this situation is different for 2 reasons. 1. There is a limit how much you can turn a streaming service into a brand when the product is clear and cut and hopefully value for money (as opposed to apple,tesla or nike for example) 2. maybe what you studied in school was a pointer for mainly starting and growing a business as opposed to mammoth company which reaches a point where it must simply crunch the numbers and fight competition
@@michaelfordsham2715 I've read news articles today that support one of my suggestions which was to release higher budget movies/shows instead of releasing lower budget ones since they don't compete for the customer's time. We'll wait and see if Netflix soon upgrades to minimum quality to 720p or 1080p. Most likely the 720p option will be used for mobile-only customers since it is difficult to spot the difference between 720p and 1080p on smaller devices. Also, customers outside of developed nations are more price sensitive, so they would most likely prefer pirate websites if the quality if the same. The main market for growth is India but the consumers there are very proce sensitive which is why Netflix significantly lowered its prices there.
@@Account-wi9wd oh you can get bluray quality for free if you torrent
the quality of pirated content(outside of "cam Releases"(someone filming the screen in a theather))is the same or higher as streaming services are often the source of the files and if blurays are available those are the sources. OFC this requieres you to seed the content but depending on where you live(or where your traffic comes out for that matter) that might not be enforced
How about discount pricing for Annual subscription?
The cost increases amongst all of the streamers lead me to cancel them. I now subscribe to just 1 a month vs 5 of them.
It’s actually better that they spend 20bn a year and get hit or Miss because we get literally the best of the best, plus loads of niche stuff people enjoy.
The only true rival I can see based on content is HBO.
An MBA worked this crisis. Almost certain of it lol! Shout out to the MBA’s by the way
The issue with Netflix is 90% of the content is boring or below par. Focus on quality not quantity.
Netflix is has a much better proposition than Disney+. IMHO, acquiring the rights for quality documentaries now active on CZcams, could provide a much needed influx of new quality content, while leveraging on the CZcams network for free advertising.
Netflix also could sell watching license for specific shows. I would love to watch and buy ARCANE without paying a monthly fee. For example I pay once 20$ for Arcane Season One and will be able to watch it again when ever I want even without a subscription.
I don‘t like to pay for something temporary, even if I end up paying more.
Great advice .
Yea I would love to buy like a collectors set with the dvds of arcane even tho I don’t even have a DVD player, it’s nice to have it sitting on a shelf
If Netflix adds ads, that's the end of my subscription. Perhaps, it's right about time to try it Amazon prime
As far as password sharing, tie everything to the IP address which will solve most of the problems. My company did it, and so far, 3 years in perfect; it's all about the algorithm.
@Jjjj Llll Talking about the majority, not all. IP addresses can be detected and analyzed based on name, address, credit cards used, other standard cable lines, WIFI grouping, and launch tagging, just to name a few. Algorithms are the future in this space, giving the best service and prices to consumers.
Why not do weekly releases of episodes
Netflix went from House of Cards to a guy getting pregnant. This alone deserves a 10% drop in the stock.
Sinking ship? You mean like any other subscription service...whose subscriber numbers fluctuate?
idk man, putting the blame on people for password sharing instead of admitting their business model is rubbish has strong "carbon footprint" energy
For me it’s content. I really like just fun comedy shows similar to the office or new girl. I feel like Netflix has none of that
Exactly!!!
They should have stopped the password sharing a long time ago. They just turned a blind eye to it.
There are so many shows and that too on so many different streaming services that it's impossible to subscribe all of them....so at one point pirating them is the only way
Netflix has been TERRIBLE with canceling good shows just because they aren’t massive hits. If they start charging extra to share a password that doesn’t bring the subscription tier over the screen count I will 100% cancel
Im cancelling my subscription as soon as password sharing is interrupted. That’s why I collect physical media, I’m prepared 😂
People will always see things they stream (music or tv) as being virtually free so the streaming business will always be in a race to the bottom.
Netflix spends so much on the content alone!
It can create a production house for itself…
Everyone moved to streaming to escape commercials/ads from cable and now it’s going full circle
What they're gonna eventually end up doing is the same thing that cable does, and make subscriptions yearly, like cable does. And have you locked into a 2-year contract like the big phone companies do.
I cancelled 3 months ago after asking customer service why they were raising my price per month while simultaneously taking away my favorite shows/movies (I had a whole list I gave them). Their response? Screw off and unsubscribe if I don't like what they have. So after being subscribed for 8 years I finally did. Haven't missed em one bit.
Lower the monthly cost to $4.99 than raise when everyone gets it. Don’t care
They kept creeping up the price and dropping the resolution for cheaper service and a lot of people hit the limit of what they were willing to pay, when they hit $15 I got out and seems a lot of people were waiting for that.
Yea 12€ was max I was willing to pay, now they are up to 18€ in EU
Its basically blockbuster... and all blockbuster type businesses are bound to fail... unless you're CZcams
So much for Netflix thinking they have pricing power with so much competition lol