Re:Ask HN: Does Netflix Have a Future?
by tomrod on Saturday March 07, 2020 @02:25PM
(#22513448)
Netflix will have to adjust their business model in order to stay competitive.
They sowed the seeds of that years ago when they started building their own content -- Orange is the New Black, House of Cards, and so forth.
They could license their technology to the other streaming services for IP revenue.
They could start advertising.
They could branch into AR/VR, music services, data cataloging, more interactive content, and so forth.
They can continue their international push.
They could sell their engineering services as a consultancy (Chaos Monkey!). They could build 5G-enabled multimedia content. So on and so forth.
In short, even though their primary market is now being sucessfully encroached, they have enough of the FAANGM knowledge capital to pivot profoundly. I look forward to seeing what Reed Hastings does next.
They sowed the seeds of that years ago when they started building their own content -- Orange is the New Black, House of Cards, and so forth.
They could license their technology to the other streaming services for IP revenue.
They could start advertising.
They could branch into AR/VR, music services, data cataloging, more interactive content, and so forth.
They can continue their international push.
They could sell their engineering services as a consultancy (Chaos Monkey!). They could build 5G-enabled multimedia content. So on and so forth.
In short, even though their primary market is now being sucessfully encroached, they have enough of the FAANGM knowledge capital to pivot profoundly. I look forward to seeing what Reed Hastings does next.