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Old 12-05-2019, 12:02   #5266
OLD BOY
Rise above the players
 
Join Date: Mar 2008
Location: Wokingham
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Re: Netflix/Streaming Services

Quote:
Originally Posted by jfman View Post

It's actually easy to imagine Netflix declining. You yourself are the biggest advocate of a streaming future with a large number of providers. It is simply not realistic, in any market, to expect that a large number of new entrants will not have a negative effect on incumbents. Consumers don't have infinite cash so will make choices as to which provides best value. You also point out how flexible the price plans are, making them disposable quite easily.

Netflix doesn't own much of the content on it's platform so the long term risk is that the new entrants happen to be the content owners themselves weakening the position of Netflix significantly.
There we go, the prophet of doom declares that Netflix, the streamer that has single handedly transformed the TV landscape for the better, will soon be in its death throes!

Netflix is well placed to dominate for some time yet and the huge debts it has accrued are all part of its operating model. The reason why it's investing so much in its Originals is to ensure that Netflix still has a huge library of content to offer its subscribers. If the non-Originals were to disappear overnight, it would not make a scrap of difference to my viewing and I'm sure that many, like me, take Netflix purely for those Originals.

As for other competing streamers, yes, more will come on the scene over a relatively short timescale, but it is the pay tv channels that will suffer, not Netflix. It is true that people have only so much money to play with, but given the choice of cheap, bountiful content on the streamers, and expensive pay tv channels that incorporate hours of dross between one or two gems, what choices do you expect the public to make?
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