Comment on Netflix mulls introducing free ad-supported tier. The circle is complete
conciselyverbose@sh.itjust.works 1 week agoNetflix can’t do what got them to the top.
Fuck everything about the changes they’ve made for the last several years, but they were always going to hit a wall when content owners put their content on their own platforms.
MajorHavoc@programming.dev 1 week ago
They can’t grow that way but they could easily hold on and remain profitable, popular and successful.
They were well on their way to enjoying “Kleenex” or “Oreo” stable market success, but their leadership and shareholders apparently aren’t satisfied with winning.
conciselyverbose@sh.itjust.works 1 week ago
The entire source of their growth was “you can get almost anything you want to watch for one low monthly cost”. They no longer have rights to any of that content, and for most of it didn’t even get an opportunity to make a bid.
It’s the equivalent of Oreo shipping 3 Oreos in a big box for 3x the price. But also they had to change their recipe because they didn’t own the old one.
HobbitFoot@thelemmy.club 1 week ago
Yeah. Netflix got really lucky with streaming for as long as they did and they knew it. Cable and broadcast subsidized their content and they were able to lease it for pennies on the dollar.
Of course, people don’t want to admit that the subsidy for their content is gone and they are pissed about rising costs.
conciselyverbose@sh.itjust.works 1 week ago
I don’t care about the why. It was worth it.
Now it’s not worth it.
dustyData@lemmy.world 1 week ago
Oreo was originally a ripoff so it makes sense.
slumberlust@lemmy.world 1 week ago
Ewweew hydrox