Netflix Plans to Cut Spending by $300M in 2023
wsj.com
wsj.com
They can definitely keep making money, but in my exoerience Netflix has not been #1 or even #2 when I go to watch media now. Which is a big change from a few years ago. I dont pay for it myself or I would have cancelled.
I don't know how the gamble will play out, but if it works well for them, I imagine they'll continue to pay top tier.
So while we may hate all their weird reality tv shows or wonder why good stuff gets cancelled why other things continue, it may have a lot less to do with a single individual's decision.
Also note, Netflix is known to pay significantly more than the rest of FAANG at this point, though they hire much less frequently.
> I don't know how the gamble will play out, but if it works well for them, I imagine they'll continue to pay top tier.
This would've made sense a little under a decade ago. The last few years have shown how badly the idea works or Netflix's models are.
So worst of both worlds?
https://s22.q4cdn.com/959853165/files/doc_financials/2022/ar... page 23
I'd like to see them do more shows as one-season limited series. I understand why they want to have cliffhangers that encourage you to stay subscribed for months waiting for the rest, but obviously that doesn't work if they cancel it.
I'm watching 1899 right now, and I'm enjoying it despite knowing that it was canceled prematurely. It's pretty and fun to watch. But it moves at a glacial pace and could just as well be compressed into one season.
(For that matter... it's clearly "Lost, But On A Boat", and whatever ending they actually had in mind was gonna suck. Shows like that never end well. I'll probably be just as happy not to have to watch whatever unsatisfactory solution they were going to throw at me.)
I feel this captures most streaming series. 10 years ago a season could consist of 24 separate stories with one continuous background plot. Now you have one story spanning 10 episodes and ending on a cliffhanger. I'm not against the format. Parts of Terror was great. But most are excruciating slow with next to no character development and detours that doesn't matter.
I was floored. Peacock has both for The Office and the dubs are pretty good.
I understand Netflix not wasting the time on content that isn't theirs, like The Office. But still - its crazy their content library hasn't at least added language support for the next 1 or 2 most popular languages. They can overlap those languages with their top 50 or so shows?
I don't know if they've already looked into this and it just isn't profitable.
And so I need not turn on subs like I may have to with Spanish originals. Also I recognize jokes or bits and realize what they're trying to say.
I feel like when I go into a new series blind, I end up turning on subtitles. But I didn't for the two shows mentioned above, I tried to force myself to hear the words rather than read the subs, because I already knew kind of what the episode(s) and conversations in them were about.
I find that that's a slightly different reasoning process.
However, the profile transfers don't work properly. We couldn't transfer the right profile to the second household. I think it has something to do with it being the first / primary profile. It's still broken. They said they'd give us a refund, but didn't. Now we're paying more for a worse, broken product.
I spent 45m with support that did not give a single fuck.
It's not on my credit card or it would have been cancelled months ago. I don't care if they want to change pricing or crack down on password sharing, but when they're asking for more money I expect things to work. They deserve to get out-competed IMO.
Increase prices, again.
And finally decrease the budget of newer shows, as well as increase the amount of newer shows to try and capture a new audience that won't subscribe, while pissing off the pre-existing one.
Wouldn't be surprised if they also try to save on bandwidth by increasing compression, removing a few servers...
Arrr matey! We'll still get them.
That stuff strikes a lot of people as "crap", and it's a problem that Netflix will recommend it to you when they've run out of other things you actually want. A good recommendation engine helps, but in the end Netflix is always going to have mostly stuff that doesn't interest you.
$100 per month times 12 for 20 years = $24000
now do you want the $24,000 for the next 20 years or do you think the entertainment will give you $24000 worth
Related, I will pay whenever I can, because I'm done with ads. A quick google search says Pluto averages 10 minutes of ads per hour. That means over 15 percent of each of my viewing sessions would be watching ads.
Instead they have consistently taken a strategy of ignoring anyone as much as physically possible, punishing even "big" youtubers for asking innocent questions, making creator's content worse without their permission and actively against their will, and siding with large external businesses over the needs of the majority of their content creators.
A youtube that I would spend money to support would do things like provide dedicated support channels to medium sized creators that could actually do things instead of just being a sounding board, be VERY clear about what advertisers do not want in content you want to make money from, create high quality sponsor and/or merch integration, reward creators for effort and polish over simply filling the space with as much as possible, get rid of clickbait in general, build a robust content licensing system so it would be easier and more reliable for content creators to sample video content in legitimate ways for a reasonable cost (creators are not afraid to spend hundreds of dollars on stock footage for a valuable video and would be willing to license content), and other ways to make content creators more effective and not encourage them to work themselves to death in a content machine and antagonistic treadmill system.
So yeah, fuck giving them a dime for actively harming the people who actually make the stuff that brings me to the platform.
I use the Brave Browser and never see ads on YouTube.
Only ads in podcast shows where the podcaster is advertising it, but even for those I have the SponsorBlock plugin that skips those portions of the videos.
now i think netflix shines with the foreign films, i've been enjoying those more then the american films, but that doesnt justify paying the monthly fee.
But generally I'm not going to sub past one month for it.