Neil Hunt on Netflix and the Story of Netflix Streaming
internethistorypodcast.com
internethistorypodcast.com
Something I've been thinking about lately stems from Chapter 2 about Microsoft and the Internet: http://www.internethistorypodcast.com/podcasts-by-chapter/
It's the distinction between terms like "Information Superhighway", which was to be TV enabled Internet controlled by the telecoms and the World Wide Web, which is the browser-based world that Netscape brought us controlled by no company. I didn't have this historical perspective before the podcast.
Now I'm wondering, With the FCC's moves to eliminate title II net neutrality, what will the future Internet look like? If the Internet is a pendulum with "Information Superhighway" on one end and "World Wide Web" on the other, my gut feel is that removing net neutrality will swing things in the direction of the "Information Superhighway" where big co's have more power over what the Internet is.
There was also Internet versus internet. Today, we call one of these a LAN.
Time to queue up the old AT&T commercials? It's amazing how much they went from a position of dominance to...today.
Maybe it was too soon and poorly communicated, but they were right 6 years ago that streaming was the future and DVD lending was the legacy product.
Anyway they survived that PR blunder, luckily.
edit: and it seems they separated the DVD subscription anyway, to DVD.com. Well that makes sense.
People ask me why I still get discs, and the answer is "guaranteed bandwidth". I get no blockiness or drop-outs when watching. :)
Only thing I think it might have hurt a bit is that Netflix remains too low a price IMO.
Entrepreneurs are often discouraged seeing tons of competitors...but if none of them has a lot of traction and you have a vision of the future and can implement that product, go for it.
One could have been bothered by the proliferation of streaming companies 10 years ago (as Dropbox could've been by all the storage companies).
"There were so many other streaming experiments around that time, like MovieBeam, Movielink, you know, Unbox or something, I can’t even…there was dozens of ’em. There were so many other streaming experiments around that time, like MovieBeam, Movielink, you know, Unbox or something, I can’t even…there was dozens of ’em. And iTunes Video Rental starts to come out around the same time."
the days of limewire and myspace
edit: though graboid may have been for downloading
When Netflix moved into streaming there were not competitors. Lots of people saw a market there, but companies didn't start popping up until Netflix showed it was actually possible.
"And so, using the data to make funding decisions is a different game than using the data to tune the story, which we don’t do."
So, he's saying they won't allow data to influence a script once written, but they won't buy or fund that script if it doesn't fit the data. I'm pretty sure two things tend to the same outcome. In ML, you'd be accused of letting the model train on the validation set. Bad stats.
I'm still kind of surprised that Blockbuster didn't see it coming until too late.
(Edit) I also canceled Netflix for a month because I'm an Amazon subscriber, but it was Netflix's recommendations that brought me back.
For example, I heard that Stanley Kubrick's student war film he made was actually pretty good. But it wasn't available for sale or stream from anywhere. I found it almost immediately on a (public) torrent site with a decent quality. I've had this experience on a couple of occasions.
It's too bad that Netflix doesn't keep a backlog of old films plus a rotating selection of newer films. But I guess their licensee's business models comes before their customers wants.
Perhaps a less disruptive change would be to maintain copyright protections the way they are, but attack this at the penalty level: basically enshrine the idea that
> "X was not available for purchase or streaming in a DRM-free format in my country at the time I got a copy of it from a torrent."
Would be a valid defense for personal use, capping penalties at 1$ or so, without opening the public-domain box and opening the field to companies instantly cropping up to snipe a 5-year-old TV show the day it goes free, and resell it.
Basically that the consumer went to reasonable lengths to purchase the product legally and wasn't able to as a legal defense. If the owner doesn't make the content reasonably available than they have no claim that it shouldn't be consume by other grey-market means.
As easy as torrenting is, it's still not ideal to just watching it one Netflix or Prime. There are real incentives to not pirate assuming the content creator utilizes these (mainstream) options.
This creates market incentives to maximize the return on the copyrighted content and still forces the bigger distribution platforms to follow the rules.