Re:Spotify files for its IPO
by majormajor on Wednesday January 03, 2018 @10:02PM
(#16067673)
It's been kinda the reverse in video, if my recollection of the timelines is right. Netflix's big push into originals and dropping of licensed content started to happen 4+ years ago, well before Hulu seemed to have the budget to get big shows into their back catalog.
From Netflix subscriber numbers, it's also not clear that the lost content has dented their subscriber retention at all. The talk among my friends centers much more around new Netflix originals (or even Amazon/Hulu originals) than around back catalog stuff on Amazon or Hulu. I don't understand why -- I'm utterly uncompelled by 95%+ of what they're putting out, since I don't have the motivation to deeply investigate new Netflix shows/movies every week, and however they're advertising, it doesn't really reach me -- but it's what I see happening, much to my annoyance.
Unfortunately for music, the exclusivity has started to show up in some cases. Artists that own the Tidal service don't allow any of their music on competing services, and Apple has been signing contracts with musicians to have new content show up on their service several months in advance before it does on other services (like Jay Z and Kanye).