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Originally Posted by jfman
I fail to see the purpose of your eye roll here. It’s no secret the levels of debt that Netflix are in. You yourself as you ring the death knell for linear television preach to us that quality content will get snapped up by streamers. Well that’s content costs going up and profits going down without price rises.
It has always been bait and switch. Get folk in at £8 a month and see if they will stomach £12/13 in the future.
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If the plan is to run at a loss initially, to increase prices over time and to expand globally while spending less on content when a sufficient library is amassed, that sounds pretty sustainable to me.
Netflix is playing the long game. No doubt you would have told us that Murdoch’s satellite TV service was doomed back in the 1990s.
I agree that Netflix has accumulated a lot of debt, but Murdoch’s venture actually nearly went under back in the day.I dare say that once Netflix have made retained their original material for so long, they will look to monetise them further by passing on the rights to broadcast over to other streaming services and who knows, maybe to conventionally broadcast scheduled TV channels. Maybe Netflix will come to their rescue with new content for them!