VOD : Netflix/Streaming Services

[jfman]

While Netflix (and others) are enjoying the financial consequences of a third of the planet generally staying indoors I stumbled across this article that I think sums up a lot of the streaming industry.

https://www.theguardian.com/commenti...business-model

[Mad Max]

Originally Posted by Joedm45

Got a nice surprise from NOW TV recently.

My £1.80 per month deal entered it's final month so was contemplating cancelling to see if they would offer anything else.

They didn't even give me a chance to do this, I received an e-mail saying thanks for being a loyal customer, your £1.80 per month deal will continue for another 6 months.

Great result

Yes I've had that as well, at least Now TV are offering customers good deals and decent content to boot, but Amazon and Netflix continue to charge people the full rate whilst gaining millions of more customers, you'd have thought that they would apply some sort of deal in the current pandemic, but hey ho, I suppose that's the greed factor kicking in.

[OLD BOY]

Originally Posted by jfman

While Netflix (and others) are enjoying the financial consequences of a third of the planet generally staying indoors I stumbled across this article that I think sums up a lot of the streaming industry.

https://www.theguardian.com/commenti...business-model

Yes, that certainly plays to your mindset, jfman.

[Legendkiller2k]

Originally Posted by Mad Max

Yes I've had that as well, at least Now TV are offering customers good deals and decent content to boot, but Amazon and Netflix continue to charge people the full rate whilst gaining millions of more customers, you'd have thought that they would apply some sort of deal in the current pandemic, but hey ho, I suppose that's the greed factor kicking in.

Amazon have always been greedy treat their staff appaullingly too, if you look closely you'll often see stuff that has Amazon prime delivery available is often more expensive than none prime so you're really paying the Amazon tax twice.
Netflix imo are getting too big for their boots.

Originally Posted by OLD BOY

Yes, that certainly plays to your mindset, jfman.

[jfman]

Originally Posted by OLD BOY

Yes, that certainly plays to your mindset, jfman.

It’s hardly a mindset Old Boy.

There’s many examples of such companies especially in crowded markets. I’ve not seen anyone justify why streaming will be any different. Consumers don’t have a limited supply of time and/or money therefore the bubble will burst for some.

[Raider999]

Originally Posted by Mad Max

Yes I've had that as well, at least Now TV are offering customers good deals and decent content to boot, but Amazon and Netflix continue to charge people the full rate whilst gaining millions of more customers, you'd have thought that they would apply some sort of deal in the current pandemic, but hey ho, I suppose that's the greed factor kicking in.

I don't think it's anything to do with greed.

Perhaps you could explain why any business that is raking in new customers would offer a discount?

[OLD BOY]

It wasn't an attack, Hugh; more an observation. Jfman has been consistent in his view that Netflix will fail.

I don't see it, myself.

Originally Posted by OLD BOY

It wasn't an attack, Hugh; more an observation. Jfman has been consistent in his view that Netflix will fail.

I don't see it, myself.

To an outside observer, indistinguishable...

You did not attempt to rebut what he had posted, just make a comment about him.

[muppetman11]

Originally Posted by OLD BOY

Yes, that certainly plays to your mindset, jfman.

And yet you don't give any counter statements to the article.

[jfman]

Originally Posted by jfman, 6 January 2020

No glee from me either. It's a challenging marketplace, unfortunately as these huge companies compete for market share there's going to be failures along the way. That may not be Netflix - as I think Chris pointed out it's more likely to find it's true value and be snapped up by someone else to buy the customer base.

I’ve also not said Netflix will necessarily fail.

[OLD BOY]

Originally Posted by muppetman11

And yet you don't give any counter statements to the article.

It's all been said, again and again. Let's not go around in yet another circle.

---------- Post added at 16:49 ---------- Previous post was at 16:47 ----------

Originally Posted by Hugh

To an outside observer, indistinguishable...

You did not attempt to rebut what he had posted, just make a comment about him.

Why does everything have to be rebutted? I was acknowledging that the article was in line with his oft stated views on here, that's all.

Originally Posted by OLD BOY

It's all been said, again and again. Let's not go around in yet another circle.

---------- Post added at 16:49 ---------- Previous post was at 16:47 ----------

[/B]

Why does everything have to be rebutted? I was acknowledging that the article was in line with his oft stated views on here, that's all.

Because it's the equivalent of "whatever!" - not adding value to the conversation...

[Mad Max]

Originally Posted by Raider999

I don't think it's anything to do with greed.

Perhaps you could explain why any business that is raking in new customers would offer a discount?

That happens now, does it not? You just need to look at the offers Virgin make to entice new customers.

[1andrew1]

Originally Posted by Mad Max

Yes I've had that as well, at least Now TV are offering customers good deals and decent content to boot, but Amazon and Netflix continue to charge people the full rate whilst gaining millions of more customers, you'd have thought that they would apply some sort of deal in the current pandemic, but hey ho, I suppose that's the greed factor kicking in.

The only company that's given me a discount (£25 one-off payment) because of the Coronavirus is my car insurance company who I'm six months into a contract with, as their claim rate has plummeted. I suspect the Now TV discount is more due to competition in the streaming market, particularly from new entrant Disney +.
If Amazon and Netflix are still gaining "millions of more customers" then there's little incentive for them to drop their prices now. They might have to do this later if the expected global recession occurs though.