What is the future of Netflix? What advantages do they have so they can hold on to their current position? They’ve been losing so much great content. They’re producing a lot of their own content but most of that is not as good. They also have strong engineering culture. What other exclusive assets do they have compared to other streaming companies like Hulu, disney, amazon prime etc?
A lot of first mover advantage. People who already have Netflix are less likely to switch over to other streaming platforms
Netflix will win because they are willing to disrupt themselves and put users first to give great customer experiences. I dont see those traits in other platforms you mentioned. It’s interesting that you didn’t mention YT and Twitch bc those are actually the most popular streaming platforms, I believe.
Netflix revenue run rate is currently at 21B$ growing at 30%. Their fixed costs - Engineering, SG&A are 22% of revenue. Meaning, they can afford to spend roughly 15B$ every year on content and let it grow at 20% and make profit. That’s more than any other competitor. For context, all other competition put together spends 21B$. Content is king and Netflix will win because of their focus.
Bingo.
The recent Netflix content is garbage. They need to buy some successful long term brands like Disney did with Marvel. Whatever they are producing now gets outdated fast.
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For awards buzzing, Irishman, Marriage story, two popes. For popularity, El Camino, 6 underground, Witcher, You. For family friendly, Klaus, Lost in Space. All these are new releases in 4th quarter. Much better than Disney for sure.
I hope they figure out to make seasons longer that 8 episodes. Watching something on Saturday leaves my Sunday open for other things. 20+ episodes would hook me for the weekend.
You are paying a cup of coffee's price for one show per week. Netflix can't afford more for that price.
Two things I’d say: focus on streaming only and culture deck
Tonnage of original content (quantity over quality), already have a lot of subscribers, and a strong brand that people like. But their costs continue to go up to produce that content and their only revenue stream is subscriber fees and they get killed when they try to raise them. They are a media darling beloved by the financial community but I’m not sure how robust their long term future is.
Also, they probably have better tech professionals and more effective processes than competition. Just a guess though
Revenue up, profit margin up steadily over last few years. I think we are doing just fine. I wouldn't call 15% raise and 0.25% churn getting killed BTW.
I dislike the way the space is going. Each network will have their own service and it will become the same as TV is now except you need a million different 10 dollar subs to check out new stuff.
Well, if/when it gets there, we’ll have the same thing as with TV: you'll be able to buy packages. $10 per one sub, but let say $19.99 for three etc.
You are not locked into annual contracts. Feel free to rotate services. For most people, they have more than enough content to watch and I doubt No.3 service in this space can survive long term, definitely not No.4 and beyond.
Global and international. They have GREAT international content. Also, I feel like a lot of people are sleeping on HBO Max’s potential.
The content on Netflix is still better than all the others mentioned combined. They also seem to have a much stronger international presence.
This - especially compared to most Amazon originals. Yes, there’s some dross on there, but House of Cards early seasons, Stranger Things etc are good marquee shows to get people on board. There’s a ton of great kids content on there as well.