But it's a mess generally. I don't know if it's Napster/bandwidth given that mechanical licensing for music is much older. In any case though, we've largely moved to a new medium but a lot of content hasn't moved over.
I subscribe to both Netflix DVD and streaming.
I don’t much like serialized shows and maintain streaming mainly for my partner and the occasional one off.
Netflix’s DVD back catalog is thinning and I’m sort of at a crossroads about what to do.
I wish Netflix would spin off the DVD service and give it a chance to thrive.
They were going to do that back in 2011, but then cancelled the plans
I suspect there isn't a critical mass for a robust DVD service any longer. RedBox skims some demand for current blockbusters and a lot of people want content right now.
I really can't emphasize the right now enough. I'm never planning things I want to watch days in advance, so a by-mail service just doesn't work (plus there's the physical hassle of having to mail stuff all the time and dealing with the inevitable hassle of things going missing in the mail).
I just can't imagine waiting for something to come in the mail when I could instead fire up BitTorrent and be watching it 30 minutes later. The music industry learned their lesson from piracy but the movie industry still hasn't. Things will hopefully change now given that theaters are a much-reduced experience; they did always have the benefit over music in that whether you buy the music CD on launch day or pirate it digitally, the listening experience itself is identical, whereas seeing a film in theaters on launch day is definitely still quite different than watching some shitty pirated cam version, assuming the shitty cam version is even out by launch day (it isn't always).
There isn't a world where you can pay $20 a month and get everything, every movie, every tv show, ever, the finances just don't work.
I don't want the content for free/bargain prices. I want the content in a reasonable format, that I can play legally on my TV, phone or laptop, and that I can discover easily.
Compare that experience with something like popcorntime, where a user can type in a movie name, and have it streaming in 1080p/4k/highest available quality in under 30 seconds.
I want that, but paid.
People didn't like cable bundles. Now it's a la carte in various ways and people are realizing that it's not only not cheaper if you want "everything" but it's a fragmented mess.
As an example: I'm paying for Netflix and Amazon prime. I'm not going to pay for more services because I don't value watching TV more than that.
We buy or rent a specific movie maybe once a quarter at most.
So total expenditure on TV services is around $20/mo.
Almost everyone I know is in a similar situation. Some swap one of those services for something else, many are sharing subscriptions with other households.
So right now most people are paying a fairly fixed amount for access to a portion of TV and film. The total money flowing in seems to be enough to support the entire industry.
If a service that cost $20/month for access to everything came out, I'd definitely switch. I imagine most of my friends would as well.
Then the total money flowing into the industry would be the same, but everyone would have access to all the media.
For example, many people have either a cable TV or online streaming subscription that's another $50-100/month. HBO would be another $15 or so. And so forth.
There is an argument that, at some point, there are only so many hours in the day and a Spotify for video (i.e. most content for one monthly fee) makes sense but that's probably a $100-200/month fee in the US (assuming you could get most players to cooperate). YouTube TV alone is $65/month these days.
I feel like outside of the rich, $10-15 is about all you can reasonably ask people to afford for a pure luxury like this.
And, as I said in another comment with respect to streaming, YouTube TV alone is $65/month.
So, yes, many normal working people do pay on the order of a couple hundred dollars a month for video entertainment.
Our friends have recommended over 200 hours worth of TV since the pandemic hit, and everyone is quite horrified of how big our things to watch list has grown. It's months worth of spare time where we simply wouldn't do anything else.
"According to a Nielsen report, United States adults are watching five hours and four minutes of television per day on average (35.5 h/week, slightly more than 77 days per year)."
So $40/month. I'd add to that whatever the average blockbuster price was $5 * 4-weeks (quick googling didn't give me a great answer, but I found 2.18 GPB for 1995, so probably $3-5 with conversion and inflation).
That makes roughly $60/month for the average American at-home tv/movie spend in the 90s. I suspect that still is the rough tolerance.
[1] https://www.businessinsider.com/cable-tv-prices-inflation-ch... [2] https://www.usinflationcalculator.com/
I expect that typical other streaming spend (Netflix, a la carte rentals, maybe a premium Print add-on or HBO, etc.) probably don't add up to more than $30-40 a month or so.
"Normal SV developers spend 4 to 5 hours a night coding on personal projects"
The normal people watching their TV would think those devs spend a ridiculous amount of time coding.
TV stands alone where people do it 4-5 hours a night and its not considered being super in to that thing. People in the tv watching category don't see it as choosing to do a thing. It's just part of what you do. Sleep, work, then tv. Repeat. They don't identify as a tv watcher any more than they do as a sleeper.
For shows, it seems to be in the $0.5-10M per hour range. I'll wave my hands lazily and call a season $5-100M.
If about half of US households spend $20/mo on these services, that's $16B per year. If half of that went to making movies and shows, it could make something like 500 median movies per year, 100ish average movies, or 40 avengers-caliber movies. For shows, it'd be 80-1600 seasons per year.
Apparently something around about 500movies and 500 shows come out each year.
I'm sure these numbers are way off, but the orders of magnitude are probably reasonable and suggest to me that $20ish/mo for everything ever is likely a little low, but not insane.
It is the promise we were sold on when Netflix first started online streaming: without the costs of distribution and physical media creation, it would actually be possible.
Netflix has never had a great streaming movie catalog. As a senior Netflix exec told me, "people come for the movies and they stay for the TV." So, to the degree Netflix streaming ever claimed to be about having all the films, it was always something of a bait and switch.
Theoretically, a fairly good subscription video catalog plus live TV is probably possible. But as I said elsewhere, it would probably be more like > $200/month than $20. Recreating the cable bundle streaming is already pushing north of $100.
Did anyone seriously think just because you don't need to make blu-rays any more a 50 million dollar TV show or movie can just be sold for next to nothing? It's probably not even 1% of the production costs.
Even weirder because I've never seen anyone think that Red Dead Redemption would coast 5 bucks if they only sold it on steam
I'm surprised, thought, that there's no service that offers a lot of old movies. I get it - the Avengers movie that was just released cost a few hundred million to make, so it would make sense that it would be harder to find on a streaming service than something that came out in the 80's. What I find is the opposite, though - it's easy to find recent big hits online than it is to find, say, Bladerunner or Bill & Ted.
This isn’t an article about streaming services replacing studios, it’s an article about streaming executive culture replacing studio executive culture.
They're on Amazon UK. You can stream them right now. What are you talking about?
Then they were crushed by reality and we got multiple suppliers of Napster's $10/month-for-all-music offer.
Imagine if Napster had got what it wanted and became the only supplier of music? I doubt they'd still be seen as the good guy.
Ben Thompson (https://stratechery.com/2020/apple-epic-and-the-app-store/)
LOL
(Obviously there are exceptions for things made by streaming companies but even those get physical releases eventually.
The obvious answer is that either you own a DVD player or you can get one for next to nothing. Amazon has region free ones for $25.
It's not like we live in a world where artists record songs, and get paid by streaming services. Record labels get paid, and they pay artists with hollywood accounting. All the control is still with them.
They have much less control of what becomes popular. Recording has no need for upfront, risky capital anymore... Once upon a time, you needed a lot of money to cut & press a commercial album. A warehouse full of records, physical distribution, the advertising to make that work.
The "record deal" was essential because someone had to fund an album. The record industry was built around this, with the portfolio of "signed artists" being their primary asset. Napster, Youtube & Spotify haven't really changed this... They've affected it, but the system survived irrelevance.
The reality of content industries (and many other ones) is that centralisation is everything. The big hollywood studios, record labels & such will take the lions share. If they don't, it will be netflix, youtube, spotify & such. Someone will be in position to dictate terms, and it's not the artists.
In the UK, suppose I want to watch Forbidden Planet, or Gone With The Wind, or Carry on Screaming. Show me a streaming service that has those films. I either wait 6 months and hope the TV shows them or.... hello bittorrent. Even more recent films.
Suppose I want to listen to Louis Armstrong, or Ella Fitzgerald? Spotify, Apple Music, and Amazon Music all have those songs.
It's just a shame we didn't have higher bandwidth in the Napster era to do to the studios what it did to record labels.