this post was submitted on 11 Aug 2023
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Maybe streaming providers should acknowledge that people don't want 6 different services, they're anchored to Netflix from 5 years ago in terms of content score, quality, and price.
Everyone I know who tried the ad plan on Netflix dropped it, and in the past year I've cut which streaming services I subscribe to as content disappears and I'm asked to pay more for less.
My prediction for streaming is annual only contracts or stupid high monthly prices, lower quality, and ads getting baked into the higher tiers like cable.
It already makes me mad that Prime video plays ads for their own shows before stuff I'm trying to watch. Plus they have straight up cable tv style subscriptions
Yeah, I get Prime Video "free" because I subscribe to Prime for the shipping benefits. But even free doesn't cut it if they are playing ads, promoting subscription services to other "channels" and are generally being annoying.
It's the same reason why I refuse to watch any of the "free" TV channels that come with my internet service provider or my smart TV. They couldn't pay me to sit through ads one after another. Life's too short for that nonsense.
Apple does that too, and it’s so un-Apple.
Well, it’s not Steve Apple, but it’s very Tim Apple, and that bugs me.
Apple always has ads for it's own stuff in everything. Most of their users just refuse to call them ads.
I could go on about that too.
Shit like permanently pinning a notification in system preferences because you aren’t signed into iCloud grinds my gears.
There’s a lot I like about Apple, and a lot that I wish Steve’s ghost would come back and start tossing desks out of windows over.
Was the cheap Netflix-only model really sustainable tho?
Tbh seemed too cheap from a business perspective to last long
Sort of, it was essentially free money for these companies to license content that didn’t even make the Walmart DVD bin. But now that streaming has replaced cable those companies want the full revenue to make up for it.
Netflix is profitable, they have a 13% profit margin, so streaming is sustainable even with super high R&D costs.
Everyone is trying to squeeze the customer and Netflix now and I think it’s doomed to fail. Nobody buys CDs, Nobody pays for an individual Columbia Records subscription, and nobody wants to have a separate streaming service for every “channel”. Ultimately what happened to music is going to happen to TV again because it’s inefficient for these companies to all be playing greedy forever.
13% profit is pretty small tho compared to a lot of other industries tho no?
That’s a pretty decent profit margin. Many businesses take in a lot less.
Any examples? Only things that come to mind are ones that are known for having slim profit margins, e.g. Airlines, grocery stores, etc
It's like reduflation but for entertainment.