Sorry, but there are no other streaming services with as large of a world wide audience as Netflix. All that money that they dropped on productions? Paid off in terms of international connections, while keeping profits below windfall levels. Netflix has understood that their time of total dominance was limited, so they've developed a strategy of creating and curating content that has cross cultural appeal. And they have all that data on world markets that they have never shared with anyone. Disney+ and the
I was going to post something similar, but you've laid it out as clearly as it can be for people that don't really have much depth in understanding the streaming market, just why Netflix is in such a great position as they are...
You can see that data at work with newer shows they produce. They have such a massive advantage in all sorts of respects, it is really hard to see anyone catching up for a very long time... Disney might have the best shot with one of the broader interest libraries, but even then do
Those benefiting from the "Netflix and Chill" branch of the Millennial Lifestyle Subsidy tree don't care.
And why the hell should they? (I mean we).
The billions of stupid money flowing into Netflix ( and Uber and all the other companies mentioned) comes from Venture Capitalists hoping to make lots and lots and lots of money. And if they don't they will go broke.
That is a good thing, and is how capitalism is supposed to work.
The problem will come when they start losing their shirts. They will then go cap in hand to the politicians they fund who will then force taxpayers to bail them all out again.
Netflix's biggest problem is that the big content providers are continuing to withdraw their catalogs from the platform and introduce their own streaming services (Hulu, Disney+, HBO).
"If you wake up on a Casper mattress, work out with a Peloton before breakfast, Uber to your desk at a WeWork, order DoorDash for lunch, take a Lyft home, and get dinner through Postmates, you've interacted with seven companies that will collectively lose nearly $14 billion this year,"
So those poor billionaires who finance these companies pay for my lifestyle? I'm all for it.
Sorry, but there are no other streaming services with as large of a world wide audience as Netflix. All that money that they dropped on productions? Paid off in terms of international connections, while keeping profits below windfall levels. Netflix has understood that their time of total dominance was limited, so they've developed a strategy of creating and curating content that has cross cultural appeal. And they have all that data on world markets that they have never shared with anyone. Disney+ and the
I was going to post something similar, but you've laid it out as clearly as it can be for people that don't really have much depth in understanding the streaming market, just why Netflix is in such a great position as they are...
You can see that data at work with newer shows they produce. They have such a massive advantage in all sorts of respects, it is really hard to see anyone catching up for a very long time... Disney might have the best shot with one of the broader interest libraries, but even then do
Those benefiting from the "Netflix and Chill" branch of the Millennial Lifestyle Subsidy tree don't care.
And why the hell should they? (I mean we).
The billions of stupid money flowing into Netflix ( and Uber and all the other companies mentioned) comes from Venture Capitalists hoping to make lots and lots and lots of money. And if they don't they will go broke.
That is a good thing, and is how capitalism is supposed to work.
The problem will come when they start losing their shirts. They will then go cap in hand to the politicians they fund who will then force taxpayers to bail them all out again.
Netflix's biggest problem is that the big content providers are continuing to withdraw their catalogs from the platform and introduce their own streaming services (Hulu, Disney+, HBO).
We need another United States v. Paramount Pictures, Inc [wikipedia.org] to stop the excessive vertical integration.
"If you wake up on a Casper mattress, work out with a Peloton before breakfast, Uber to your desk at a WeWork, order DoorDash for lunch, take a Lyft home, and get dinner through Postmates, you've interacted with seven companies that will collectively lose nearly $14 billion this year,"
So those poor billionaires who finance these companies pay for my lifestyle?
I'm all for it.