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When It’s Your Turn/NETFLIX

Rexedgar

Yo-Semite!
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the entire business world is complete nonsense. All that matters is stock price. Stock price only grows if continually growing. It's ridiculous to expect a company to continuously grow, and that's why we get mega corporations buying up everything and owning everything, and greed SOBs like Amazon jacking up prime membership price after making a killing. Their stocks can go up at the increase revenue.

And I don't see how these streaming services can continue to spend billions in production making new programming, when everybody and their mother now has an app. We are basically going to go back to "cable" but this time streaming over internet with commercials and having to pay a ton for all the streaming services
 

Ahlevah

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Netflix essentially put the nail in Blockbuster. On a tangent, my in-laws have been sharing the Netflix password across multiple addresses for years. Normal capitalism on display.

Television with advertising, that’s a new concept!


Netflix was a visionary in seeing the potential of streaming and invested heavily in licensing content and building out the infrastructure to do it successfully. The problem for Netflix is Bill Gates was onto something when he wrote an essay titled “Content is King.” Now the owners of content are not renewing their licensing agreements and are instead competing head on with Netflix. It’s been investing tens of billions of dollars into its own original content, with mixed success.

As far as the password sharing, the company encouraged the practice for years as a means to broaden the appeal of the service, but now that account growth seems to have hit a wall it’s testing a system to reduce it in several foreign markets. It’s just a question of when and not if it does it in North America.
 

Gordy327

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