from the moar-DRM dept.
Netflix has become the first streaming company to join the Motion Picture Association of America (MPAA), Hollywood’s most powerful lobbying group. This is the first time a non-Hollywood group has joined the group which consists of the six Hollywood studios. The MPAA has been a strong proponent of Digital Restrictions Management (DRM) in all technologies it touches and lobbies extensively for maximal reductions in use.
The Netflix-MPAA union coincides with the streamer becoming a card-carrying member of the Oscar race after securing an unprecedented 15 nominations on Tuesday morning. Netflix CEO Reed Hastings and Sarandos are intent on upping the company's profile as a legitimate force in the movie business, and joining the MPAA will further that goal.
Additionally, once Fox is merged with Disney, the MPAA will have one less member, meaning a loss of as much as $10 million to $12 million in annual dues. Sources say the MPAA is courting other new members as well (Amazon could be a candidate).
Articles about Netflix have been featured a lot on SN in many different contexts.
Earlier on SN:
Video Streaming Services set for Cambrian Explosion (2019)
Netflix to Raise $2 Billion in Debt to Fund More Original Content (2018)
Netflix is the Latest Company to Try Bypassing Apple's App Store (2018)
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Submitted via IRC for SoyCow4408
Netflix is joining the likes of Epic Games Inc. and Spotify Technology SA in its latest move: testing a way for users to register and pay for the streaming service while bypassing Apple Inc.'s app store and hefty commission fees.
The streaming giant is the latest company to look into bypassing Apple's app store and Alphabet Inc.'s Google Play. Both Apple and Google take a 30% commission on all apps and in-app purchases, and the commission drops to 15% after the first year.
[...] Companies have long complained about the heavy cut Apple and Google take in return for visibility on their platforms. Spotify does not allow new subscribers to sign up via Apple's app store, though the app itself can still be downloaded there. The company has been especially vocal about the fees over the years, publicly speaking out and approaching U.S. and European regulators about the issue.
Submitted via IRC for SoyCow1984
Google has just publicly disclosed that it discovered an extremely serious vulnerability in Epic's first Fortnite installer for Android that allowed any app on your phone to download and install anything in the background.
Netflix’s commitment to growing its original content collection will see the company again returning to debt markets to raise more financing, the company announced today. According a release published to its investors site, Netflix says it plans to raise $2 billion to help fund new content, including “content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.”
[...] “We recognize we are making huge cash investments in content, and we want to assure our investors that we have the same high confidence in the underlying economics as our cash investments in the past. These investments we see as very likely to help us to keep our revenue and operating profits growing for a very long time ahead,” the letter to shareholders read.
Netflix also pointed to the increasing competition in the industry as one of the reasons why original content investment was so critical, adding that it didn’t only compete with linear TV, YouTube, gaming, social media, DVDs and pay-per-view, but with a number of new and upcoming streaming services, as well.
“Content companies such as WarnerMedia and Disney/Fox are moving to self-distribute their own content; tech firms like Apple, Amazon and others are investing in premium content to enhance their distribution platforms,” the letter also stated. “Amid these massive competitors on both sides, plus traditional media firms, our job is to make Netflix stand out so that when consumers have free time, they choose to spend it with our service,” it had said.
If you watch streaming aggregators such as Netflix and Hulu you've likely noticed a decrease in the scope of their catalogs, with items of interest being added less frequently over time, and entire catalogs of content disappearing. New shows come out and don't ever make it to the service, or perhaps are only available through some add on service.
My favorite of all time was the "You need a cable subscription to watch this content, please log in with your cable provider", why even show us those?
This trend has been ramping up as providers try to build and market their own streaming services and restrict competition via content (or via adjustments to bandwidth for their streams)
And it is getting worse - "Netflix and chill no more—streaming is getting complicated" explores the trend.
Disney Plus is set to launch late next year with new Marvel and Star Wars programming, along with its library of animated and live-action movies and shows. It hasn't announced pricing yet, but Disney CEO Bob Iger said in an August call with analysts that it will likely be less than Netflix, which runs $8 to $14 a month, since its library will be smaller.
AT&T plans a three-tier offering from WarnerMedia, with a slate of new and library content centered around the existing HBO streaming app. No word on pricing yet.
Individual channels, such as Fox, ESPN, CBS and Showtime, are also getting into the act. Research group TDG predicts that every major TV network will launch a direct-to-consumer streaming service in the next five years.
Subscribing to service after service will quickly cost more than a cable bill, choice will be limited, finding shows more difficult, and multiple terrible interfaces (instead of one well known crummy interface). Much of the point of cord cutting will be dismantled.