Netflix/Streaming Services
17-03-2019, 14:03
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#5026
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laeva recumbens anguis
Cable Forum Team
Join Date: Jun 2006
Age: 67
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Posts: 42,251
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Re: Netflix/Streaming Services
Quote:
Originally Posted by Horizon
Err??
Which big companies had that many customers and then lost them a few years later?
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Quote:
Originally Posted by Hugh
MySpace had 76 million users, Google+ had 540 million users...
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Quote:
Originally Posted by Horizon
Users being the word word here.
Netflix has 139+ paying customers, not users.
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So "users" aren't customers?
You didn't have the word "paying" in your initial statement...
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17-03-2019, 14:06
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#5027
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Media Watcher
Join Date: Feb 2006
Location: Essex
Services: Sky, Cable & Freeview
Posts: 2,408
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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.
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17-03-2019, 14:07
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#5028
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cf.mega poster
Join Date: Jun 2003
Posts: 8,921
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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.
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17-03-2019, 14:18
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#5029
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Still alive and fighting
Join Date: Jun 2007
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Re: Netflix/Streaming Services
Quote:
Originally Posted by Horizon
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.
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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.
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17-03-2019, 15:26
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#5030
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Media Watcher
Join Date: Feb 2006
Location: Essex
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Re: Netflix/Streaming Services
Quote:
Originally Posted by spiderplant
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.
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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 ----------
Quote:
Originally Posted by denphone
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 any more and had gone off to someone else.
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Agree, which is why Netflix is spending the money now on content while its still in its growth phase.
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17-03-2019, 16:35
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#5031
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cf.geek
Join Date: Feb 2007
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Re: Netflix/Streaming Services
Microsoft was 'not only ahead of the curve, but leading it'.
Is it now?
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17-03-2019, 17:05
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#5032
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cf.mega poster
Join Date: Jun 2003
Posts: 8,921
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Re: Netflix/Streaming Services
Quote:
Originally Posted by Horizon
I don't think Netflix intends to poison anyone
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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.
Quote:
Originally Posted by oliver1948uk
Microsoft was 'not only ahead of the curve, but leading it'. Is it now?
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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
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17-03-2019, 17:19
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#5033
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cf.mega poster
Join Date: Jan 2007
Posts: 2,526
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Re: Netflix/Streaming Services
Quote:
Originally Posted by spiderplant
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
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Nope. Still using mine.
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17-03-2019, 17:43
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#5034
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Rise above the players
Join Date: Mar 2008
Location: Wokingham
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Re: Netflix/Streaming Services
Quote:
Originally Posted by Horizon
I hope not! Kinda destroys their business model if they do that.
The content they make now, in theory, should still be making them money for years to come. If they start licence it to others, it becomes a complete mess. However, I rule nothing out.
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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.
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17-03-2019, 17:45
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#5035
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cf.mega poster
Join Date: Mar 2010
Posts: 12,313
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Re: Netflix/Streaming Services
The problem being many Netflix originals aren't actually owned by Netflix.
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17-03-2019, 18:21
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#5036
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Rise above the players
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Re: Netflix/Streaming Services
Quote:
Originally Posted by muppetman11
The problem being many Netflix originals aren't actually owned by Netflix.
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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 ----------
Quote:
Originally Posted by denphone
Just because they have 139 million customers now does not mean that will be the case in a few years time as there have been many big companies who many thought were untouchable only to find a few years after these companies were struggling to survive in a ever changing market.
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139 million customers and you still predict doom and gloom. Unbelievable!
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17-03-2019, 18:39
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#5037
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Still alive and fighting
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Re: Netflix/Streaming Services
Quote:
Originally Posted by OLD BOY
139 million customers and you still predict doom and gloom. Unbelievable!
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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...
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“The only lesson you can learn from history is that it repeats itself”
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17-03-2019, 18:43
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#5038
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cf.mega poster
Join Date: Mar 2010
Posts: 12,313
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Re: Netflix/Streaming Services
Quote:
Originally Posted by OLD BOY
I guess that depends on the nature of the contract between Netflix and the owners of the content.
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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.
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17-03-2019, 18:57
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#5039
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Rise above the players
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Re: Netflix/Streaming Services
Quote:
Originally Posted by denphone
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...
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'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!
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17-03-2019, 19:07
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#5040
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Still alive and fighting
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Re: Netflix/Streaming Services
Quote:
Originally Posted by OLD BOY
'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!
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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.
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