[HN Gopher] Netflix Gains 2.4M New Subscribers, Reversing Trend
       ___________________________________________________________________
        
       Netflix Gains 2.4M New Subscribers, Reversing Trend
        
       Author : mfiguiere
       Score  : 15 points
       Date   : 2022-10-18 21:27 UTC (1 hours ago)
        
 (HTM) web link (www.wsj.com)
 (TXT) w3m dump (www.wsj.com)
        
       | Gunax wrote:
       | I am a big Netflix fan (subbed since 2003) but I am concerned
       | about their future since 2017 or so. The reality is that
       | streaming is becoming a commodity technology. What was cutting
       | edge in 2007 and new in 2010 just isn't very differentiating any
       | longer. I don't know what their alpha is.
       | 
       | Everyone seems to complain about Netflix content (though I think
       | it has the best selection, but whatever) and I worry they are
       | fighting a front they are unlikely to win. They are a tech
       | company--not a film brand.
        
         | dragon-hn wrote:
         | In my opinion you are incorrect that streaming tech is a
         | commodity.
         | 
         | Nobody comes close to Netflix in video delivery and client
         | robustness.
         | 
         | I'd say Netflix is many years ahead of its competitors in terms
         | of technology.
        
         | crazygringo wrote:
         | Nobody's going to "win" streaming, but like so many consumer
         | industries, it's probably going to result in 3 major services
         | and then a long tail.
         | 
         | Netflix is almost certainly going to stay as one of those 3
         | major ones, with Disney as a 2nd. But unlike Coke/Pepsi or
         | AT&T/Verizon/T-Mobile, you buy all 3 (or cycle through them)
         | rather than sticking with just one.
         | 
         | And they're not a tech company anymore, because as you say the
         | tech is now turning commodity. They're a content company that
         | pioneered the data-driven approach. Their alpha is in hits like
         | Stranger Things and Bridgerton.
        
           | iLoveOncall wrote:
           | Netflix will 100% lose long term.
           | 
           | The ones that will win are the ones that are supported by
           | other businesses.
           | 
           | Amazon PrimeVideo can lose 100M viewers in a quarter, it
           | doesn't matter, the money is still here, and it won't even
           | make the stock price move by a tenth of a percent.
           | 
           | Netflix loses 10M subscribers in a quarter and its stock will
           | be worth 0.
           | 
           | Netflix has literally no way to compete against the other
           | giants.
           | 
           | The ones that will remain are Amazon, Google and Apple. See
           | you in 10 years.
        
       | elefantastisch wrote:
       | Maybe I'm not the only one who resubscribes just for Great
       | British Bake Off...
        
       | Althuns wrote:
       | I wonder if there is a seasonality correlation with higher
       | subscriptions in the winter and a drop-off in the early summer.
        
       | dangle1 wrote:
       | https://archive.ph/9HLiN
        
       ___________________________________________________________________
       (page generated 2022-10-18 23:02 UTC)