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Old 10-08-2019, 22:28   #6002
jfman
Architect of Ideas
 
Join Date: Dec 2004
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Re: Netflix/Streaming Services

Quote:
Originally Posted by Horizon View Post
Sales tax receipts goes to the governments, not Netflix, how is that relevant here? Of course prices are different and its not straight forward. I already mentioned last week the new Indian mobile tier for a few dollars. Some tiers may be around $10, some under and some over, but I was roughly using your £8.99 as a base figure.

On debts, the banks recently gave Netflix another $2billion, so I don't see plug pulling anytime soon.

On your last point, agree. The tech giants have massive amounts of cash and can blow anyone out of the water if they so choose, but I would see Netflix probably getting acquired by one of them in the future, rather than them trying to compete head on with Netflix.
They could blow anyone out the water, but again we are conflating “deep pockets” and business models. They’re not charities, they’re capitalist enterprises.

Netflix getting acquired and restructured into a bigger player is essentially accepting my point that the current business model is fatally flawed. A profitable company could generate tax efficiencies from the debt, and the customer base is its only real asset.
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