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(Daily Finance)   Are the end credits rolling for Netflix?   (dailyfinance.com) divider line 9
    More: Unlikely, positive result, Motley Fool, Coinstar, free cash flow, Jeff Bezos, price-to-earnings ratios, CEO Reed Hastings, Netflix  
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5554 clicks; posted to Business » on 30 Jul 2012 at 11:48 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-07-30 12:06:14 PM
2 votes:

cman: Amazon Prime is def gonna give Netflix a nice beating. Netflix is in a jam right now, but there is still hope. There are a shiatton of streaming media sites out there. None of them unique. Netflix needs to find that one thing that will put them over the top.


The Hollywood cartel is going to insure that nobody offers what the consumer market wants. It is all about control. Think about Disney's strategy, for example. They re-release ananimated classic every few years for what, six months at a time? Then it is gone for a decade. That way they can charge more for the scarcity element.

Hollywood has always controlled distribution. When I was selling movies there would be a theatrical release. After a period of time it would go to cable/ppv. Then after an exclusive cable period it would street on VHS/DVD. Then they would release it in the European market. No amount of piracy could convince them this model was stupid.

What Hollywood fears most is a one-stop streaming experience. And they will do everything legal and illegal to prevent Netflix, Hulu or Amazon Prime from becoming the iTunes of movies. Nothing scares them more than the prospect of that.
2012-07-30 02:08:45 AM
2 votes:

strangeluck: TFA says Netflix has an unmatched library of titles to choose from, um what? I'm a subscriber and I can tell you that while they do have a decent amount of movies and TV shows, they've also lost a lot of content. Like if you search for superhero movies, they're damn near non-existent.

I was shocked to see they got Thor added, but it wasn't in hi-def. I really don't watch TV anymore, so I hit up Netflix when I'm bored. But realistically, they update their library so rarely now, I'm wondering if I should keep my subscription; really the only thing that keeps me is the low monthly cost. Although I hardly even watch Netflix much anymore now, starting to wonder if I should even keep it.


Well, to be fair, superhero movies suck and have you been to Blockbuster lately?

Netflix isn't going to disappear.

Your choices for watching movies at home are limited and my local cable TV monopoly finally made me tell them to eat shiat and die. So you can torrent them illegally or you can get them from Netflix, which still sends movies via US postal service
2012-07-30 04:37:40 PM
1 votes:
Considering Hollywood is only making shiatty comic book movies these days, I have no problems with the fact that Netflix isn't carrying more big studio New Releases. If the major studios are asking for an arm and a leg for Super Bat Iron Man Thor 3D Sparkly Vampire Romance Part 8, then I'm glad they're allocating their money towards acquiring alternative content.

What few big studio releases don't qualify under the puerile mind novacane for mouthbreathers I can supplement with a Red Box rental. Until then I have more viewing hours of documentaries, foriegn films, TV series and concerts than I can ever possibly have the time to watch through Netflix.

I'll leave Netflix the day someone comes up with a better altnernative for $8. So far there's no one. Not even close.
2012-07-30 01:24:31 PM
1 votes:

Pentaxian: I like Amazon Prime because it has a nice selection of MST3K episodes for free.


Yeah, but overall their selection is garbage. Most of the "must watch" type shows still cost $2 per episode. And their movie selection is seemingly even more dated that Netflix. If you don't use Prime for the free shipping on products, and use it primarily as a video service, it's pretty much a total rip-off.

/yeah, I have Prime
//hardly use it for anything *but* the delivery service
2012-07-30 12:45:29 PM
1 votes:

jjorsett: Netflix really screwed the pooch by eliminating the "put on hold" program. Now you have to outright cancel your subscription to get them to stop. I used to put my account on hold but keep maintaining my queue by adding and moving things around. When enough new releases had come out and there was a healthy backlog of new stuff, I'd turn it on again for a while. Now when its canceled, even though supposedly you can reactivate within a year and get your queue back, the queue is inaccessible. Not being able to add new movies as they come out and see how the queue looks makes me a lot less inclined to ever turn it back on. Dumb move, Netflix.


Maybe they got rid of it because people were abusing it... like the scenario you just described.
2012-07-30 12:44:23 PM
1 votes:
I've been thinking about what Hollywood should do to adapt.

Here's what I came up with. When you purchase a movie, you should own the right for your household to watch it, at that quality or lower, on any device you own. Maybe similar to the "digital copies" found on some DVDs now, but with a more generic username/password to install on multiple devices. Buy a DVD? You should be able to put the DVD-quality digital version on any tablet, cell phone, portable media player, or computer owned by your household. Buy the Blu-Ray? You can now put an HD digital version on any device.

Now - you need to sell those "rights" for a very reasonable price. $10 for a DVD-quality film, $20 for the HD/BD quality. Or around $2/episode for TV, $3/episode for HDTV. Get over your "special features" nonsense. It was cool in the beginning, but nobody watches that stuff more than once or twice. Sell the movie/show on its own. Then, through an online store, sell a digital version of deleted scenes, behind-the-scenes documentaries, outtakes, etc. for a few bucks.

Will there still be piracy? Of course. But there will be anyway, no matter what you come up with for DRM or disc encryption. All you can do is make it as easy as possible for your legally-inclined customers to consume tons of product. embrace new technology and delivery formats instead of fearing them, keep your prices reasonable, and you'll make money hand-over-fist.

As far as Netflix streaming - TV is definitely its strength, not movies. Until cable networks get their heads out of their butts and start offering a-la-carte, pay-per-channel monthly cable- or online-options, Netflix and Hulu Plus will remain great values.
2012-07-30 12:26:54 PM
1 votes:
Everyone always blames Netflix for their lack of movies, but it's more to do with the powers that be in Hollywood than Netflix. They expect way to much money to show most movies. They're so stuck in their old ways of doing things it's pathetic.
2012-07-30 03:21:39 AM
1 votes:
Where's the 'pay a fixed price for unlimited watching' on Amazon? I see the buy/rent per title but what I like about Netflix is being able to watch as much as I want for $8.
2012-07-30 02:00:00 AM
1 votes:
TFA says Netflix has an unmatched library of titles to choose from, um what? I'm a subscriber and I can tell you that while they do have a decent amount of movies and TV shows, they've also lost a lot of content. Like if you search for superhero movies, they're damn near non-existent.

I was shocked to see they got Thor added, but it wasn't in hi-def. I really don't watch TV anymore, so I hit up Netflix when I'm bored. But realistically, they update their library so rarely now, I'm wondering if I should keep my subscription; really the only thing that keeps me is the low monthly cost. Although I hardly even watch Netflix much anymore now, starting to wonder if I should even keep it.
 
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