Netflix V Hollywood


Netflix is a name once exclusively associated
with online distribution, but recently it has become a serious producer of original
content. Here I’m looking at how Netflix challenges
Hollywood, and how really, Netflix is becoming a significant part of it. Turn for effect. Pause for punctuation. MUSIC – ELASTICA Now when I say Hollywood, I’m referring to
the industrialised manufacturing of film from inception to consumer delivery in the United
states. Unlike Netflix, Hollywood isn’t a single entity,
there’s no leadership of Hollywood, no definition of what it really is. Essentially Hollywood is a system of interconnected
entities and individuals that form and enable the components needed for an industry to produce
and thrive. Like other industries and marketplaces, there
are independent and smaller players, and major players who own and influence others. In Hollywood, there are few major players,
at the moment, just six major studios, and they have control over an enormous amount
of the market. It’s difficult to produce TV or film in the
USA, without one of these major studios being involved in some part. Smaller production companies do exist, but
often they exist by servicing the major studios seeking to outsource specialist work and limit
liabilities, and small studios producing and distributing their own material are few and
far between. Netflix publicly launched in 1998, after being
founded the year previously, and began life as an online DVD store. How modern. 1998 Netflix Ad: There’s a better way to rent
movies! It was quick to lead consumer transition from
physical rentals to virtual – from DVD s to streaming, in the late 2000s, and since
then it has dominated and become the world’s biggest online subscription video service. But seemingly Netflix had ambitions not simply
to be a distributor, but also a producer. Since 2012, it’s produced a enormous range
of, that dreaded word… ‘Content’, or to be more specific it’s made
a plethora of TV, original and picked up from elsewhere, and movies. Reed Hastings: If anything, what I push our
content teams on, is you’ve gotta have more things that don’t work out. You’ve got to get more aggressive. GRS: At first Netflix was commended for what was
seen as high quality original content, but since then things have evened out. Netflix has been throwing a lot of stuff at
the wall, and is now reaching a place where it is producing more than it’s buying in. Which is interesting as most people I know
would never have said ‘original content’ for why they were using Netflix. Most people use Netflix as cheap background
noise and to keep the panic out, no? In 2018 Icarus won best documentary at the
90th Academy Wards – really, only ninety of them? … It wasn’t produced by Netflix, it was
only distributed by them. In 2019, films distributed through Netflix
were nominated for a total of 15 Academy Awards. Ten nominations for Roma, which won three,
three nominations for The Ballad of Buster Scruggs, one nomination for the Hindi language
short documentary, Period. End Of Sentence, and one for End game – not
that End game, just End game. Netflix didn’t make any of those. The money behind those films, didn’t come
from Netflix, but it is the distributor, and fifteen nominations might be seen as a watershed
moment in terms of what Netflix is. At the time of making this, numerous rumours
were floating around concerning the board of AMPAS – the Academy of Motion Pictures
Arts and Sciences and their view on the legitimacy of films distributed exclusively through streaming
platforms being eligible for the Oscars. At least a faction inside AMPAS apparently
don’t look on Netflix’s participation too favourably, with Steven Spielbergo himself
at one one point pushing for films to have to been screened for four weeks in theatres
to be considered – something some onlookers have said to be a deliberate block, aimed
specifically at Netflix. Now, you might be wondering why the Oscars
matter at all. Well, I think the Oscars are very important
in keeping industry access exclusive and stable. The Oscars – the Academy Awards are perhaps
not anti-art so much as art irrelevant. Awards make no difference to artistic merit,
and in fact if you at look the numbers, they probably make very little difference to box
office interest. But the Oscars are very important to Hollywood,
not really as a celebration of film, not even as a self-felating industry event, but as
a tool for providing and denying legitimacy. That’s what all this is about – legitimacy. Netflix doesn’t really care about prestige,
it cares about what prestige and exposure can do for Netflix. And I think it’s recent search for legitimacy
comes from Netflix being in this weird place where it needs to keep growing to sustain
itself, but it also needs to invest in order to grow. Reed Hastings: We’re a learning organisation,
and it’s the same virtuous cycle; improve service for our members, we grow, that gives
us more money to invest. So it’s the same things we’ve always been
doing, just at greater scale. In this graph you can see that Netflix share
price has grown – although that 2018 figure I took from the year’s peak, and speaking
now it’s about fifty dollars shy of that. Still, you can see income and share price
aren’t super correlative. Sorry, is this sounding like a maths class? Here’s a picture of Jeff Goldblum, I hear
he’s very popular with (all the) young people. Anyway, this second chart, is more revealing. It shows a very healthy growth in revenue,
but a far less energetic growth in income. And not to condescend but the if you don’t
know the difference – revenue is ALL the money that came in, income is actual profit. So Netflix has seen an enormous swell in money
coming in, but not really in money it has, or not as much. That’s because the company has been spending
like crazy. In the end of 2018, Netflix announced it was
raising $2 billion for more original content. For context, in 2018 the US box office brought
in 11.9 billion. Eleven point nine billion – that’s the box
office takings of the biggest film market in the world in 2018. Netflix’s debt in 2018, was ten billion. It’s total liabilities, more than twenty. In 2018, Netflix spent eight billion dollars
on original content. And don’t get me wrong, this doesn’t necessarily
mean bad things – Netflix is profitable, and it reportedly has assets worth around
$26 billion. Although assets tend to be valued by what
things could be possibly worth maybe, not what people will pay for your shit as your
house burns down. Just saying. But spending $8 billion on new content – not
on operating costs or advertising, just on new content, when net income is less than
a quarter than that…. Well, it’s making the council of evil nervous. In 2016 it cost Netflix on average $40 in
advertising spend to attract a new customer. In 2018, it was eighty three. And get this, at the end of 2018 Netflix announced
it has ambitions to accumulate 90 million accounts in the US – it said that before
it even hit sixty. But in 2018 it cost on average $340 dollars
in advertising to attract a new customer in the US. Not to sound too much like a census, but there
are only 120 million households in the US. So netflix wants to be in three quarters of
them forever. Surely its own meteoric rise shows that the
market is volatile and constantly shifting? I think the figures show Netflix is certainly
hurtling towards something. Audience Member: The 50% that hasn’t signed
up for Netflix, even though they’ve known about if for a long time, are they going to
require something dramatically different in terms of an offering? Reed Hastings: When we were at twenty million
people said, ‘well HBO only got to thirty, isn’t there a wall there?’ And we just kept growing and growing, and
making the shows better. So I would say do what we do now and just
do it better. Netflix faces competition where once it had
almost the entire playground to itself. Disney, for one, is developing its own platform
where it’ll essentially be able to ring-fence it’s own properties, and the power sort of
lies with the IP holder. In that way, Netflix has built it’s home on
land belonging to others. In theory the major studios could pull their
content from Netflix, and although they’d lose money by doing that, they could potentially
kill a competitor – or at least if Netflix didn’t have any of their own content. I don’t think that’s likely, as I think too
much money would be lost on all sides, but I think that’s a genuine vulnerability, and
I think Netflix knows it too. Ted Sarandos: I remember our early investment
in doing original content, about six years ago, was betting that there would come a day
when the studios or networks may opt not to licence us content in favour of maybe creating
their own services. That’s a corner that I’m glad we saw around
a few years ago. It’s apparent now that online content is going
to be divided, in one way or another, and that a single market place where you watch
anything, as Netflix might once have apsired to be, and perhaps as consumers once wanted
it to be, isn’t going to happen. There’s money in exclusivity. As an example, long running sitcom It’s Always
Sunny In Philadelphia was available for Netflix for years, in its entirety. Now, if you want to watch all of the episodes,
you’ll have to spend more than $100 to get access. Danny DeVito as Frank: Very nice performance! Very nice and clean performance! Welcome! So while Netflix has a dominating video on
demand platform now, in a decade there’s a good chance Netflix will have less access
to famous titles it didn’t produce or a least a more contentious hold over them. Think of it like a producer- do you want your
TV season to get you pennies on minutes watched, or do you want it to cost $15 as a one-off-payment. I think a lot of that comes down to popularity
– so if successful shows follow the same example as Sunny, you end up with an exodus
of popular content – that’s essentially why Netflix is trying it’s hardest to make
that killer show. In short, I think Netflix has worked out that
transition to content production isn’t just desirable but necessary, and this is the risky
open ground where between those two places. If it was smaller, it wouldn’t have to do
this, but at it’s size I think IT think it needs to be a network to survive. And I don’t think it’s necessarily wrong. Ted Sarandos: It definitely changes the economics
in terms of licensing film in later windows versus producing films, which a more front-loaded
cash activity, but which is a much better payback for us. Netflix certainly cares enough to send its
chief content controller to soothe Steven Spielberg. Spielberg et al have their own motivations
for not wanting Netflix sweeping up Oscars, and as I said before, I think it’s about control,
and ultimately access. But for Netflix, it’s about that transition
– To Hollywood, it may seem as though Netflix
is trying to become both a major studio, and also a distribution behemoth. For Netflix, its more about sustainability. But then, them wanting to get to ninety million
US households even though they’re clearly facing saturation now at sixty leads me to
believe that… maybe it is just greed. Reed Hastings: We compete so broadly with
all of these different providers that any one of these provider entering only makes
a difference on the margin. This, is, to do my Michael Moore impression,
what the unsinkable, always say. Dramatic music here, not to self. I’ll end by saying that I don’t have anything
against Netflix, I just come from a place where all plans are perfect until they’re
not. I think Netflix has given opportunities to
younger film-makers, and I think it’s connected a great deal of people who to content they
never even know existed. That’s a great thing. But historically… well. We’ll see. Reed Hastings: We’re just continuing to work
away on all the things we’ve always done. Ted Sarandos: More of the same on a continued
larger scale. Spence Neumann: I don’t foresee a change to
our approach. Reed: It’s the same thing we’ve always been
doing, just on greater scale. Reed: Erm, continue to make incredible shows,
movies, give you reasons to join, make the streaming great, erh, there’s more and more
sales of smart TVs, so I think it’ll be continuous.

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100 thoughts on “Netflix V Hollywood

  1. What Spielberg says about the AA makes sense to me though… if Netflix gets into to the Oscars then what about decades of TV produced movies? Why one but not the other?

  2. Netflix is the only way I watch movies that I’m semi interested in but don’t want to pay to see them. Much rather pay for a subscription then watch as many as I want.

  3. Here's a thought:

    Netflix creating original content is going to be their death – if they just stayed a distributor and not a producer they wouldn't be stepping on anyone's toes – it'd be easier to make deals for content sure everyone has their own streaming platform now but Netflix could be more like steam than b list holl

  4. Very interesting thoughts. I do think they are adapting and stocking up to the new streaming wild west of tomorrow, but indeed the age old question of multi-subscription cable channel issues will just repeat itself – just with online streaming systems, and yes… original content will only marginalize this. But for now, I'm super happy with their new investment into animation, which yes, Disney really needs to let go of that monopoly for variety. I'm rooting for Netflix.

  5. Perhaps they should stop making shows that take themselves extremely seriously and are apparently targeted at adults yet have plot points such as a guy dying in a video game or a robot that cries a metallic tear. Seriously, this shit is fuckin' embarrassing.

  6. I'm not going to pay for multiple platforms for a handful of decent shows, and I'm not into internet piracy, so I guess it's time to turn off the fucking TV and live real life for a change. I need to practice playing music more, for starters, and maybe spend more time in the gym.

  7. All Netflix has done was shown how weak Hollywood was. To be thwarted and dethroned by such a smarmy, cheap-ass group of Boomers with no vision is embarrassing. Netflix is shit. The movies they license you can buy for $5 in the discount bin as you're standing in line to check out at Walmart and own them forever, and their "content" is overrated, lame or so woke it'll give anyone who isn't an SJW or outright Commie, hives. Fuck them. I hope they follow in the footsteps of Blockbuster, whom Netflix decapitated with ease.

  8. Netflix could stop telling us what to watch next in the last few minutes of the show, or at least give us options to turn things off. Totally ruined ending of nocturnal animals

  9. Netflix is going around the world and producing more and more local content, so although they're almost certainly going to grind to a halt in terms of subs on their home turf, I'm sure they are actually going to keep growing and earn more money from this and selling their content.

  10. I watch Netflix for TV series rather than movies. I prefer a series over a movie for plot and character development. I am really enjoying the Netflix original content as many of the shows I watch are weird shows like Happy or dark comedies like Russian Doll or a blend like Umbrella Academy. Unfortunately, with the success of a company providing customers what they wanted has made other companies want a piece.

    Each has different content and each is asking for monthly sums. In NZ Netflix doesn't have Game of Thrones so I would have to buy into a different service (Lightbox) to watch it or use the third way. Until recently Amazon wasn't available in NZ so I could not watch The Grand Tour unless watched it on pirate video sites. Although I am against company monopolies if companies continue to limit content to customers on the Internet, the customer will find a third way.

  11. "I think it thinks that it needs to do this." …Just say *they*. …a company, or business venture, is a combination of conciousness'. They are a not a singular conscious.

  12. You forgot to add, that they pay an extreme amount of money for a Netflix Only button on people's media remote controls, which encourages people to buy Netflix, for the convenience.

  13. Say goodbye to the third-world market. One streaming service, we can afford. 4024 different ones with mediocre variety? Yeah get f∆cked. We aren't above Pirating everything

  14. I feel like Netflix is going to have to limit funding the original programming. They produce so much stuff that it's not even a selling point anymore. It's overwhelming.

  15. I absolutely use Netflix for Original Content… Specifically Bojack Horseman. The rest is just… eh, who cares. WHEN IS BOJACK SEASON 6 COMING???

  16. I joined them back in the day, because I wanted to watch flicks on the internet. Like, you know, Netflix. But all they have now are mostly mediocre shows and hardly any movies. Seriously, fuck Netflix, I'm joining PirateBay!

  17. Movie theaters are dead man walking but they don't even realize it.
    Old Hollywood waxes on about the irreplaceable theater experience, but crowds have awoken to the propagenda placement in major motion pictures…No one wants it, they want the ability to switch the channel when it appears, and they certainly don't want to pay for it. Captive audiences no more

  18. According to the interview I saw, Steven Spielberg's gripe is really more about TV vs Movies. Is Netflix television? If so, they should get Emmys. Not Oscars. Even made-for-TV movies get Emmys and aren't Oscar contenders. Oscars used to be reserved for theatrical movies. So his push for theatrical release as a part of the requirement makes sense. Otherwise, just merge Emmy and Oscar to create "The Entertainment Awards."

  19. Spielberg is full of shit! His dream project, Cortes, is being funded and released by Amazon, because none of the studios would gamble on a historical epic. Streaming companies are willing to go out on a limb, and support talent and ideas. When even Spielberg needs streaming to get his projects made, you know they're what film-making needs, since studios are now so risk averse.

    Also: His buddy Martin Scorsese could only get a 200 million dollar budget (his largest yet) for The Irishman (a historical drama, not an action movie) from Netflix. I'm sure he's pretty grateful for them.

  20. I would love to see you put out an informational and option piece of why Vongo lost and Netflix won because at the time I actually preferred Vongo over Netflix and it wasn’t until after Vongo shut down that Netflix actually started improving its streaming service offerings to rival Vongo.

  21. Netflix does best when they just give money to creative people with a vision, like the japanese anime studios

  22. Honestly my favorite thing about Netflix right now is the great non English tv series. I’m not sure I’m really getting my dollars worth out of the subscription fee. I was just thinking I would rather spend it to upgrade to premium SoundCloud which I use easily 3-4 hours per day

  23. Hollywood is scared of Netflix, just the way Brick and mortar stores were scared of Amazon. Hollywood knows distribution of movies and movie theatres are the way of the dinosaur, and that its al about digital. Great video by the way!

  24. I predicted long ago that we are going to end up with cable channels in the form of streaming services. We will end up paying comparable amounts to get all the content. All I know, I am not able to enjoy Netflix anymore. I don't know if anything is good and all those tiles overwhelm and under market what I need to know.

  25. Anything that challenges the standard Hollywood model of how shows and movies are made and produced will meet with some challenges.  I am a Netflix customer but am overall somewhat disappointed by the majority of their productions.  Movies that fall a little short and especially series that start out great but then fall flat within 5-10 episodes.  This is all about how technology and revenue inflow can and will change how the movie and show business operate.  I see their stuff getting better over time or I'd not be a paying customer at this point.  Cheers!

  26. Apples TV Streaming model seems to be taking aim at Netflix by creating original content and packaging some of the random streaming services into a one-stop shop.

    Regardless of who wins the streaming battle (and it won't be the consumer), digital distribution of all media content is here to stay. The networks and their antiquated commercial TV model was on the ropes even before this massive sea change.

    People have become accustomed to seeing what they want, where they want and how they want, be it on a 4K TV at home or on their phone during their commute. It's already changing how we tell stories on TV and creating a marked for smaller, character-driven movies that would never get made or seen otherwise.

  27. Maybe someone should tell Netflix that the 60 million US subscribers it has just give the other 60 million people their loggin details

  28. I don't understand the beef with netflix. They provide work for countless people in the entertainment industry . That can't be bad.

  29. Commenting before watching.

    I've not watched many Nexflix shows but I like that they Amazon and others are getting into producing TV shows. They generally have a different vibe than Hollywood or British shows or have a nice blend of the styles.

  30. I don't think that graph is the best indicator of their success. The revenue vs profit. The profit line is so much lower by comparison that it's hard to see how it scales over time as the starting figures in 2005 could be comparable to the one in 2018 but it's hard to tell with the scale provided.

  31. netflix is unsustainable, spend so much money on content and expecting an ever growing consumer base

    eventually the growth will stop and start going backwards

  32. Fk all this, I'm just going to wait for Blockbuster to come back so I can drive down the street and grab a video

  33. multiple platforms running on original content, they will then buy each others original content to load on their platforms after the intitual runs have earned their peak earnings on their exclusive platforms. Thats what its mostly going to be, and also how tv has done it for decades as well.
    We will still have only a couple platforms necessary im pretty sure, we just wont ever be able to see everything "first".
    The internet will likely make this process quicker i think than on tv.
    I bet that is what it ultimately turns into.

  34. Canceled my Netflix subscription. Not interested in any other streaming service. On a different note I love your dry humor.

  35. I had no idea that Netflix distributed movies online, I'm still waiting for them to mail me my copy of Titanic.

  36. I am surprised by his comment, where he says that “no one he talks to, says they use the Netflix service for streaming original content”. I know many people that started to subscribe to Netflix for the first only, because of their original content they provide. It began when 5 my friends told me they started to pay for Netflix, because they wanted to watch the Daredevil series. More of my friends got on board with Netflix for shows like Narcos. Not one of my friends have canceled their subscriptions to Netflix. The ones that still have some type of DVD player, (blu-Ray, 4K) look at being able to rent DVD’s through the service, as just an extra incentive and reasonable reason, to justify spending a % of their disposable income, each month. For myself I got Netflix around 2006, because I was tired of having to pay late fees to Blockbuster. I will admit that was mostly from being a little lazy and procrastinating, telling myself I will just return it the next day, and than the day after that LOL. I kept my Blockbuster membership for a while because, sometimes their would be a long wait to get a new release from Netflix, for a movie I was very enthusiastic of seeing a.s.a.p. That was until I figured out the trick of how to get Netflix to send you a copy of a new release, and delivered to my mailbox, the exact first day Blockbuster was allowed to start renting out, any movie that I was interested in viewing. Which worked out for me around 95% of the time. Netflix also keeps me out of the habit, of renting movies from my on-demand service Ixfinity ( Comcast). Which can then greatly increase your monthly cable bill, because of how easy it is to rent a movie on demand. I am also a person that extremely likes to watch the DVD extras, from a movie. However, the only way to get the extras of a movie, from my on-demand service, is if I purchase the movie, instead of just renting it for a few days. Which I find is a very unfair service. So by still ordering movies from Netflix, I am able to watch the DVD extras. About 70% of the time I stream something from Netflix, it is one of their original content movies or shows. I just the thought of myself paying for Netflix monthly because of both their original streaming content, and the ability to rent movies that get delivered, to my mailbox. Now hopefully I’ll have enough reasons to start paying for Disney streaming service, when it comes out later this year. Which I’m sure is the reason why the marvels shows got canceled on Netflix. Also supposedly, you will be able to stream a Disney (Marvel) movie, the first day it is available to rent or purchase. Now I’m wondering why I wrote such a long comment, I wonder how many people will actually read this thing all the way through? LOL

  37. This business model is clearly unsustainable and so far they've been able to mask this fact by bumping up subscription prices every 12 months. In the meanwhile their original content, once consistently quite good, is becoming very watered down and average. This is not going to end well for Netflix once they start hitting the ceiling that people are willing to pay for their service.

  38. I'm a late adopter. I bought my first Netflix subscription 3 or 4 months ago and I probably will cancel it soon. I think I haven't watched anything at all in the last month. It is really disappointing and I hardly found anything on it that I wanted to watch. Especially the Netflix original content was all garbage so far, in my opinion and that includes the big, successful stuff like "Bird Box". I didn't like any of it and I really don't get why so many do.
    Despite all that talk about "the new Golden Age of TV", I find that the writing for TV shows has not really gotten better. You watch some hyped new series that looks super fancy and has blockbuster level production values, but it is still full of the same old TV show tropes, clichés and flaws as the cheap stuff they churned out 20 years ago.
    Those modern "super series" that everyone loves, like "Dexter", "Game of Thrones", "Stranger Things" or "True Detective" still have the same tendency to fizzle out in disappointment after a strong start, as older shows from the "Pre- Golden Age" era, like "Heroes" or "Lost" for example, or the really old stuff, had.

  39. A) "plans work out until…" well, that's a little rich coming from someone whose plan to have a YouTube career and to even make am indie movie worked out (well, the film has at least the funding form channel fans, but you get the idea). 😛

    B) Netflix already has had more than one hit (Stanger Things, Orange Is The New Black, and that think with what's his name before it turned out he forced himself on 16 and 17 yo guys – just to name a very small few). IF they can keep that going, and they seem to be doing everything they can to do just that and succeeding, they will be more than fine. HBO right now only matters because of deals with cable companies and GOT. If anything, and this comes from not remembering who owns HBO, Netflix seems in a much better place than, well, everyone who isn't Disney (assumption/yet to be proven even though everyone wrongly things it's going to happen – that is, Disney just grabbing #1 when it may work out for various reasons that THEY are the #2).

  40. Netflix wasn't just an online DVD store. It was one man's hissy fit over late fees. Ah yes, it's rather telling of the kind of culture we live in that a persuasive documentary about the Russian doping scandal won over a documentary about connecting with rural French peoples, a Syrian Civil War documentary, or a true crime documentary about the murder of an African-American teacher that perpetrated by a white chop shop mechanic. One thing that wasn't explicitly mentioned is that Netflix has been taking away theatre profits for years.

    Actually, one of the writers for Collider made the argument that even just being nominated for an Oscar helps smaller films get a boost to their box office revenue and help them succeed. I think he used The Shape of Water as an example. However, in that same article, he proceeded to demolish his own argument by treating Black Panther like it's one of those smaller films.

    I hope you make a video on Netflix v Disney+ next year. That's going to be one hell of a battle. Speaking of which, I also hope that in the future you'll make a video on the Morton's Fork that Disney faces. That is, should they release their "racist" content they'll be criticized for having racist content, yet by withholding they are being criticized for not releasing. In short, they'll get criticized for releasing it if they release it or they'll get criticized for not releasing it if they don't release it. The quotes in the beginning are because the stuff that most think of isn't actually racist. Disney does in fact have legitimately racist content in its history because they anyone who was making cartoons during the era of sound is going to have racist content, at least if they lasted long enough, but Song of the South and the other go-to targets aren't it.

  41. I love the show, but… this one was a bit dated. Netflix has been Hollywood for years now. I kept watching because I thought maybe you were being really sarcastic or something, to be funny. Then I skipped around a bit, and no, looks like you're serious. Then I checked the date. What year was this made in? If it's pre-2010, maybe you were being insightful, but no. This was made this two months ago. This is like if I ran around telling all my friends that I think the UK is going to vote in favor of Brexit. Doing that around 2015-16 is cool, but in 2019? They would probably stage an intervention or something.

  42. Jesus Christ, I just realized, the market is going to go back to the network model. Instead of ABC and NBC, we'll have Netflix and Disney.

  43. That Netflix guy at the end saying he thinks their growth will be continuous is like a symbol for the age we currently live in. He could be a network TV executive, a coal or oil company executive, a politician, a banker… All saying the same thing.

  44. I don't even have time for TV, mostly watch short content on YouTube (like this for example).. if there's something that I must see.. well it's the internet and there's a way

  45. Who would have thought people would be dumb enough to pay for digital rental. I guess the people who did business with rental did. I must have had too much faith in humanity, these people did a fortune out of nothingness. It's actually quite impressive when you think about it. Netflix's success doesn't come out of dumb luck, it's an elaborate scam.

  46. The only reason piracy for movies and series was on the decrease was becuase of things like Netflix gave an affordable price for all the things they wanted without the hassle and danger of torrenting. But now that every company is coming in and wanting a piece of that pie, piracy is just going to go on the rise again because they're recreating the exact environment it thrived in in the first place.
    you want to watch 10 shows but 3 of them are on one paid channel network, 2 of them on another, and the other 5 are each on separate networks. Who would want to spend hundreds a year on channels you only use for one or two things when you could just torrent it for free. Now come to 2019 and just replace cable tv with streaming platforms and you've got Netflix, Hulu, Amazon Prime, Disney, and so many more. God, it's a fucking mess, I'm going back to torrenting after years of giving it up.

  47. Netflix has a huge problem with content retention… the most aggravating thing is knowing that a show or movie WAS on netflix, and I go to search it up but find out it's not on there any longer. I'm going to cancel netflix because they just don't have the stuff I want to see

  48. Facebook as comparison would get worthless the second it's userbase splits into several competitive services – they've avoided it so far, but Netflix is already there. Consumers aren't going to pay more than they feel they can, so there is a set number of paid subscriptions to go around (my magic number is two). Disney pulling out means they'd quickly take one of those in households with children, so that's one gone and the remaining will be the best content. Last GOT season aside, HBO and even Prime is a serious contender for quality with Netflix producing mainly cringe-worthy stuff and that makes them easy to cut.

  49. The problem is every classic movie worth a damn is in the library as a disc for anyone who cares. And DVD/Blu Rays will wear-out like you wear-out a picture by looking at it. So Netflix is trying to create original content not already sitting on someone's shelf for free.

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