Comment on Netflix mulls introducing free ad-supported tier. The circle is complete
MajorHavoc@programming.dev 5 days agoNetflix can’t do what got them to the top.
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 5 days 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 5 days 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 5 days ago
I don’t care about the why. It was worth it.
Now it’s not worth it.
HobbitFoot@thelemmy.club 5 days ago
Then cancel and move on.
The way that people talk about it here, a streaming service raising rates is the equivalent of a significant other dumping them.
dustyData@lemmy.world 5 days ago
Oreo was originally a ripoff so it makes sense.
slumberlust@lemmy.world 5 days ago
Ewweew hydrox