has Netflix peaked ??
it would seem so
http://www.marketwatch.com/story/netflix-rethinks-its-hollywood-ambitions-2017-04-17
What sucks is that Netflix killed off video stores, which provided Hollywood with an enormous amount of revenue for smaller films... now that home video generates little money... it would've been nice if they could have filled the void that they created, but 9 or 10 dollars a month was never going to make what 4.00 dollar rentals used to... True, the consumer benefited for awhile, but now as reality sits in... we realize that they have an unsustainable business model. They were never going to be more than another HBO... and that is what they are now, and while they do a good job at making some great television shows, ten dollars a month wasn't going to fund both television shows and replace the films lost by the death of home video.
What I think will happen is ultimately broadband providers will end up raising access fees... and we'll end up paying over 100 dollars a month just for internet... then that money will be used to create content. The irony will be that we end up paying the same amount we used to pay to rent from Blockbuster... but instead of going to video stores... the money will go directly to Verizon, Google fiber, AT and T.
And that is exactly what is happening except on a larger scale. These cable/internet providers are buying each other out until there is one huge monopoly and they will raise the prices to an exorbitant amount. I have seen the transition from a small cable company like Insight, get bought out by Time Warner Cable, and now Spectrum. Spectrum now charges $64.99 for internet alone and that is what I have to pay. Of course, I use internet for more business than streaming movies; however, yes, that is where it is headed.
shareI think the only way to counter this trend will be for people to band together and share a Google fiber hub... of course if everything transitions to 4k or 8k... then this may no longer be possible either.
shareWe just need a cheap option. I would not mind spending like $25 for good internet. The $64.99 is not even wireless and it goes out every few minutes.
shareIt depends where you live.
The US has some of the worst internet plans/speeds in the developed world.
Let's not forget other issuses such as data limits/caps as well.
I think most would say that the options in the U.S. are not any good.
This is how it was laid out like 4 years ago. I knew about Insight in the midwest, heard about charter in the northeast, and Time Warner Cable on the West Coast. Then 2 years ago, Time Warner Cable bought out Insight and prices went up 100%. Then Spectrum bought out Time Warner Cable and this February, my promotion ran out. I dropped cable and those sleaze balls had the gall to up-charge me on partial charges. Again, my internet went up by another 200%.
Insight was like $20 for internet, Time Warner cable $30 and now $60+
Count yourself as having been fortunate, for a while. Where I live there's been a monopoly for a long, long time, unless anyone can endure dial-up.
shareWhat happened to keeping the prices near the cost of living? No way they should be doing business here like that!
shareGreed, and public companies being legally required to show profits to their investors.
At this point in time, internet access is virtually a necessity -- a utility. Entertainment aside (obviously), much of our day-to-day living is dependent on access to the internet.
Well good. I will continue to boycott investing. I think it is so wrong that investors indirectly dictate how I live.
shareThe US has some of the worst internet speeds because we make almost all the content. If you're from Korea or Serbia you want super fast internet, because then you can bootleg all those sweet American shows. If you're from America on the other hand... you want it to be slow so Americans will pay for it. Iceland has a pirate party because they pirate from Americans... what are Americans gonna pirate from Iceland? Bjork albums?
Let me put it this way, if other countries had to pay for what they stole from us, we would no longer have a trade deficit.
"The US has some of the worst internet plans/speeds in the developed world."
So I've heard. As I understand it, internet plans and speeds are far superior back in Europe.
Pretty much everything is far superior in Europe. I like to think the U.S. is more user friendly. I cannot stand European shower heads, toilets, etc.
Oh and American football.
These are what keep me here.
You're a stupid idiot if you think all of the 4 dollar renting a video went straight to hollywood. Netflix cut out all the overhead of operating thousands of stores that need to be leased, pay for electric, staff, waste disposal, etc.
share