I don’t think that’s what happened. Studios fought streaming tooth and nail. But they were willing to license their videos to Netflix because they were a DVD distributor. Then Netflix was really savvy and pioneered streaming, making a killing doing it. Those same anti-progress, greedy fuck studios who fought against streaming saw how much money Netflix was making with their content and spun up their own half-assed streaming services, then pulled their licensing from Netflix. Netflix didn’t kill itself, the same greedy people who tried to kill the vcr, fought streaming, and sued Napster users, killed it.
Nah - Netflix, and all the others, have absolutely shit the bed on this one.
I was happily paying for 5 or 6 streaming services a month. Then they got greedy, started price gouging, and reducing the quality and/or range of content. Netflix even wanted to charge me for password sharing, because my stepkids used our account at their dad’s house.
I cancelled Netflix when they implemented that policy, but they reported that their revenue went up, so most people didn’t cancel, and a bunch of people signed up.
I’m no economist, but it’s interesting how a free market and more competition doesn’t result in a better product for consumers. Just each company going “oh, the other guy raised their prices, let’s do the same or we’ll fall behind”
It’s crazy how consumers just keep eating the higher prices too, instead of rebelling by cutting their spending. I’ve been wondering if people are just charging everything and we’re going to hit a major recession when everyone runs out of credit. I sure hope not! I’ve already gone through too many “once in a lifetime” economic events.
I don’t think that’s what happened. Studios fought streaming tooth and nail. But they were willing to license their videos to Netflix because they were a DVD distributor. Then Netflix was really savvy and pioneered streaming, making a killing doing it. Those same anti-progress, greedy fuck studios who fought against streaming saw how much money Netflix was making with their content and spun up their own half-assed streaming services, then pulled their licensing from Netflix. Netflix didn’t kill itself, the same greedy people who tried to kill the vcr, fought streaming, and sued Napster users, killed it.
Nah - Netflix, and all the others, have absolutely shit the bed on this one.
I was happily paying for 5 or 6 streaming services a month. Then they got greedy, started price gouging, and reducing the quality and/or range of content. Netflix even wanted to charge me for password sharing, because my stepkids used our account at their dad’s house.
They all fucked themselves over.
I cancelled Netflix when they implemented that policy, but they reported that their revenue went up, so most people didn’t cancel, and a bunch of people signed up.
I’m no economist, but it’s interesting how a free market and more competition doesn’t result in a better product for consumers. Just each company going “oh, the other guy raised their prices, let’s do the same or we’ll fall behind”
It’s crazy how consumers just keep eating the higher prices too, instead of rebelling by cutting their spending. I’ve been wondering if people are just charging everything and we’re going to hit a major recession when everyone runs out of credit. I sure hope not! I’ve already gone through too many “once in a lifetime” economic events.