Re: Netflix/Streaming Services
 

So "users" aren't customers?

You didn't have the word "paying" in your initial statement...

Re: Netflix/Streaming Services
 

This is silly...

Netflix has paying customers. The users who used Myspace and Google+, at least most of them, didn't pay for a service and that might explain why those services don't exist anymore.

Re: Netflix/Streaming Services
 

Nokia. Pan Am. Lehman Brothers. Kodak.

Could be adding Boeing to that list if they don't handle their current crisis well.

I was reading earlier about a drug tampering incident in the US.
"Before the poisonings, Tylenol brands held around 35% of the US market for acetaminophen [paracetamol] and in the immediate aftermath, fell to 8%"
In that instance, the manufacturer handled the situation well, and eventually recovered their market share, but it shows how external factors can play a part.

Re: Netflix/Streaming Services
 

Customers nowadays are quick to vote with their feet if they don't think they are getting value for money and no company can sit on their laurels and think that loyalty is permanent because it ain't as the business world is littered with corpses where companies took their customers for granted and then several years down the road found out that those customers were not there anymore and had gone off to someone else.

Re: Netflix/Streaming Services
 

I don't think Netflix intends to poison anyone and we could go through each one of those others, but really...?

Those were old companies who were behind the curve. Netflix is not only ahead of the curve, but leading it.

If someone comes out with a product that is better and cheaper than Netflix, then of course they're at risk. But 139m+ customers is a massive ladder for competitors to climb up and they won't get there anytime in the next three years, if at all.

---------- Post added at 15:26 ---------- Previous post was at 15:25 ----------

Agree, which is why Netflix is spending the money now on content while its still in its growth phase.

Re: Netflix/Streaming Services
 

Microsoft was 'not only ahead of the curve, but leading it'.

Is it now?

Re: Netflix/Streaming Services
 

Just to clarify, the manufacturer didn't poison anybody. Someone injected cyanide into the capsules once they were on shop shelves. I just used it as an example of how unexpected external forces can seriously impact a business.

Actually, yes. A good example of a company reinventing itself.
https://www.forbes.com/sites/andrewc.../#3eb9fbb25ce1

They have had more than their fair share of mis-steps over the years, though. I bet I'm the only person here still using Windows Phone :)

Re: Netflix/Streaming Services
 

Nope. Still using mine.

Re: Netflix/Streaming Services
 

Not really. Once they've had their originals on there for, say, five years, most people who subscribe to Netflix to watch these programmes will either have watched them already or are not interested enough to view them. When that point is reached, it makes perfect sense to let other streamers or TV channels have access to them. If it is not on an exclusive basis then Netflix doesn't have to take those shows off its platform.

Re: Netflix/Streaming Services
 

The problem being many Netflix originals aren't actually owned by Netflix.

Re: Netflix/Streaming Services
 

I guess that depends on the nature of the contract between Netflix and the owners of the content.

---------- Post added at 18:21 ---------- Previous post was at 18:19 ----------

139 million customers and you still predict doom and gloom. Unbelievable! :eek:

Re: Netflix/Streaming Services
 

No doom and gloom from me OB as l would call it a dose of actual reality rather then the usual pie in the sky la-la land narrative...;)

Re: Netflix/Streaming Services
 

Quite a few shows advertised as Netflix originals are shows Netflix have jumped on to distribute in other territories than that of the host broadcaster.

An example is The Sinner which is distributed by NBC Universal there are many more examples.

Re: Netflix/Streaming Services
 

'Actual reality'? I have come to believe you are lurking in a parallel universe! You predict the demise of Netflix and accuse me of dodgy forecasts!

Re: Netflix/Streaming Services
 

l predicted that there would be a reckoning for Netflix due to increasing competition from some very powerful new players who will have lots of high quality newer content and a vast older catalogue of high quality content at its disposal which is something Netflix certainly does not have.