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Netflix has 175 Days Left to Pull Off a Miracle... Or It's All Over

posted by martyb on Thursday May 23 2019, @05:06AM   Printer-friendly
from the here's-hoping-the-fat-lady-has-laryngitis dept.

Phoenix666 writes:

Forbes:

Netflix changed how we watch TV, but it didn't really change what we watch...

Netflix has achieved its incredible growth by taking distribution away from cable companies. Instead of watching The Office on cable, people now watch The Office on Netflix.

This edge isn't sustainable.
...
Disney's cable business has stagnated over the past seven years. But in about 175 days, Disney is set to launch its own streaming service called Disney+.

It's going to charge $6.99/month—around $6 cheaper than Netflix.

And it's pulling all its content off of Netflix.

This is a big deal.

No more Bunk'd on Netflix? Nooooooooooooooo...

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  • (Score: 3, Insightful) by Anonymous Coward on Thursday May 23 2019, @10:23AM (4 children)

    by Anonymous Coward on Thursday May 23 2019, @10:23AM (#846584)

    This will be their eventual death, not content.

    They have enough original content to keep enough subscribers to stay alive, perhaps at a reduced level. But when subscribers have to pay huge fines ( ya, fines ) to their ISP to use it, they will go down, in flames.

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  • (Score: 2, Insightful) by Anonymous Coward on Thursday May 23 2019, @12:41PM (3 children)

    by Anonymous Coward on Thursday May 23 2019, @12:41PM (#846617)

    Or they could start playing hardball. According to Wikipedia, Netflix had $1.2 Billion net income on $15.8 billion in revenue in 2018, while Akamai Technology, for example, had total assets of $5.5 billion for the same year. If ISPs want to squeeze Netflix, they should look into squeezing back.

    • (Score: 2) by bob_super on Thursday May 23 2019, @04:56PM (2 children)

      by bob_super (1357) on Thursday May 23 2019, @04:56PM (#846708)

      How ?

      If the guy at the toll booth on the only road is paid to not let you go through to your destination, the only way to change his mind is to give him more cash than he makes blocking you. Whether he lets you through or not, his competing product will not include the toll fee.
      Netflix can't afford that.

      • (Score: 0) by Anonymous Coward on Thursday May 23 2019, @08:05PM (1 child)

        by Anonymous Coward on Thursday May 23 2019, @08:05PM (#846765)

        Become their own ISP.

        • (Score: 2) by bob_super on Thursday May 23 2019, @08:37PM

          by bob_super (1357) on Thursday May 23 2019, @08:37PM (#846783)

          *facepalm*
          Wrong end of the problem.
          If they can't be MY ISP, then they won't reach me when the monopolistic guy serving me starts playing dirty.