316
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 10 Aug 2023
316 points (98.5% liked)
News
23367 readers
1723 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
Because the subscription is for the household.
Nah fuck that. I paid for 4 screens so 4 people could use it. They took away my ability to give it to 4 people so Instead of reducing my service back to 1 screen I just didn't need Netflix anymore.
My elderly in-laws will never sign up for it, so Netflix lost it all and gained nothing.
Pricing is an aggregate use case for scale. Generally you don't want to have an overwhelming number of combos in your rate a price cards. It creates hard to market pricing and confusion for customers. And it causes a lot of challenges and confusion when pricing needs to change. So you offer a finite number of tiers that on aggregate cover the true cost and margin of profit needed. I think what most folks dont realize is a lot of streaming services currently operate a loss because they have to be so competitively priced. And cord cutting on cable where TV companies could rely on bundles puts streaming services in a direct to consumer model in a vice grip of pressure.
If they operate at a loss that's their problem not mine!
And if they then lose customers by increasing the price, or limiting the service that's part of the game.
I have no sympathy for the media companies, they have always been grabbing money and overpricing everything.
That's fine. Cancel your subscription. But Disney+ operates at a loss. A way to cut that loss is get more subscribers and or increase cost. I imagine they are going to be calling the bluff to see which of the PW sharers actually cancel vs those that stay and end up with converting recipients of sharers as new customers. But it's naive to say that these companies, which I agree don't deserve a lot of sympathy, are struggling to figure out how to operate a profitable streaming business. But folks want to have there cake and eat it too, don't pay for the service but have unfettered access to the content.
https://www.reuters.com/business/media-telecom/disney-cuts-streaming-losses-resurgent-parks-boost-results-2023-05-10/
I suspect they operate at a loss to increase their market share, and that Disney as a whole still is quite profitable.
And then we are back to the streaming providers saying "this sharing business must stop", while they constantly move shows around to ensure you need all services and end up paying more than a cable subscription for streaming.
Yep media companies as we know them best.
Exactly on the last point, but not the different services bit. Operate at a loss while in customer acquisition mode and gain exposure. Then adjust cost. You seem to get it, but I don't get how you understand that but don't also see why it is not sustainable to operate at a loss forever. So you need to gain customers and or increase cost per sub.
As for many services... DTC kind of fucked things up. Bundles gave users way too much and resulted in perceived bloat or over pay, but the model did allow cheaper costs to get it all, and security of more stable subscriber numbers. In the past all TV providers did was make and provide content to cable providers to distribute. Cable providers did the distribution infrastructure, stb, and billing and marketing of the bundle. Now each TV provider must handle their own marketing, billing, app development, etc. That's a bit more cost per TV provider. DTC and steaming could only remain cheap if cable subs stayed strong. If cable subs drop that revenue needs to be made up on the streaming service. I predict digital streaming bundles will make a come back, but not sure if cable providers, digital provides like a fubo, or someone else will offer the bundles. Bundles should offer lower cost to customer and provide more stable revenue to streaming providers and hopefully can be a win win for both.
You talk about one division of Disney and I talk about the whole company.
I am absolutely sure The Walt Disney Company knows exactly what they are doing with their streaming division and they have planned with that loss from day one, and I guess their plan is: "Spend X to get a user base of size Y", that's why I don't have any sympathy for them.
Disney don't have any financial problems:
If their streaming service is losing a billion/yr for some years it's no big deal.
Well let me break out a tiny violin for them then, it's not like they have a monopoly on a huge number of IPs...oh wait...hmmm guess they do actually huh maybe they shouldn't of spent all that money acquiring all those studios if it isn't actually making them money. But you know I think the world's largest media company can afford to run their streaming service at a loss.