Thread: VOD Netflix/Streaming Services
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Old 30-12-2019, 13:58   #7088
OLD BOY
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Re: Netflix/Streaming Services
Quote:
Originally Posted by jfman View Post
Old Boy showing his true colours here. These aren’t football teams you develop undying loyalty to. Regardless of circumstance Netflix are always right.

Developing it’s own back catalogue at “eye watering” levels is actually quite reckless. Everyone in the supply chain knows how desperate they are and they have the chequebook out - this drives up supply side costs.

What is also ignored is that existing back catalogues of content have been put through the wringer multiple times on various distribution platforms and have developed over time. There’s plenty of garbage that’s come and gone over the decades - Netflix has absolutely no way of telling what will stand the test of time and what will sink without trace.
Yes, well I guess we will always be able to rely on you for your doom and gloom attitude. Netflix will still be going quite nicely by 2035, which is more than we can say for our conventional scheduled channels.

I mean, reckless ? Really? Reckless is sitting on your laurels and watching your content being steadily taken away. The Netflix Originals are designed to replace that content. Yes, it's costly, but once they judge that their library is sufficiently attractive to ensure its position as market leader is secured, it will be able to reduce its spending on originals and start reducing its level of debt from subscriptions. This is a long-term project.

No doubt, had you been giving advice in Sky's early days, you would have been speculating heavily on their demise as well. You severely underestimate the determination and imagination of business to succeed. Netflix is going nowhere (but up) in my lifetime and is almost without doubt here for the long term.
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