Re:Streaming video has surpassed cable subscriptions worldwide
by ahupp on Saturday March 23, 2019 @04:59PM
(#19472328)
85% of new spending at netflix is for original content. That's building a huge moat that will be hard for others to cross. I'd personally cancel our Hulu or HBO subscriptions before we touched Netflix.
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Re:Streaming video has surpassed cable subscriptions worldwide
by scarface74 on Saturday March 23, 2019 @05:05PM
(#19472361)
That’s the problem. Any original content that Netflix funds it only has one way to recoup it - subscription sells.
Any money that Disney makes from Disney+ is just additional profit. It’s already recouped most of its costs through theatrical releases, commercial network tv, video on demand, etc.
Netflix also has to borrow money externally. The other companies getting into streaming have free cash flow to prop up streaming.
Even Apple can operate its streaming service at a loss and its just a rounding error.
Re:Streaming video has surpassed cable subscriptions worldwide
by s_y_n_t_a_x on Saturday March 23, 2019 @10:33PM
(#19473803)
I wish they would have a cheaper plan for non-original content only.