Netflix splits off DVDs - separate company Qwikster

[American Gunner]

No idea how long the two will remain as effective "partners," or if the split will see the Qwikster entity slowly fade into irrelevance. yes, the name is no less lame that bullshit like "Xfinity," and it appears that enough people are abandoning ship simply because of the lame name so I guess that does hurt them starting off.

If people are quitting only because of the name change, they are pretty dumb. I stopped using netflix because I can get more out of hulu and wasn't watching movies. I am interested in the dvd service now depending on how much they charge. I would love to get a couple games to run the story on and send back.

 

[dwell]

So, I am not actually enjoying the shows I and my family watch on Netflix streaming?

I'm sure you do enjoy the shows. The vast majority thinks their catalog is shit.

http://www.geekculture.com/joyoftech/joyarchives/1593.html

 

[Doppel]

I found this article interesting
http://www.indiewire.com/article/35266/

I hope Netflix doesn't have to cut out the smaller guys to be able to afford the big budger garbage

Chances are one big guy could cost more than all their small guys but for Netflix' case I hope they can do something like this.

You have to realize that your taste in movies is not common. That's why you think the streaming netflix content is great while 80-90% of the rest of us think it's crap. Netflix can't build a business if their clientele are people like you watching documentaries on a font. They need whiz bang.

Ever gone to a redbox? It has, what, 50 movies or less at a time? And yet it does great, has helped to kill blockbuster, even, kiosks opening everywhere.

Remember back years ago before movie stores all died, you'd go into one and they'd have many aisles with old crap nobody cared about and then they'd have the new release section, which attracted almost all of their business and would have dozens of copies of the same movie, because it's all most of us want to watch. Netflix streaming are those aisles of old movies most people don't care about.

Maybe those of us who only want to watch new movies are stupid idiots. Doesn't matter. We are the vast majority and thus a company that wants to stay in business will cater accordingly. You can keep your old indie sh*t, you're about the only one watching it. The rest of us haven't even heard of most of the movies on netflix streaming. And wouldn't watch them for free.

 

[Aikouka]

I simply don't understand, though, how those of us that received it as that "free" service on inception could ever assume that it would remain that way.

I looked at it as an incentive to join Netflix. The service had a very paltry listing in the beginning, which is why it was much more suitable as a nice perk instead of an extra (paid) service.

I didn't expect it to stay free, and in another Netflix thread, I even stated that making it free was probably one of their worst mistakes. Kind of what you were alluding to, making it free puts people into the wrong mentality.

 

[MotionMan]

I'm sure you do enjoy the shows. The vast majority thinks their catalog is shit.

]http://i.imgur.com/IuHJT.jpg

http://www.geekculture.com/joyoftech/joyarchives/1593.html

About 9.8 million people seem to like it fine (not counting any part of the 12 million who had it as part of their disc subscription, too).

Why is it so hard for people to understand that not everyone likes what you like?

MotionMan

 

[Doppel]

About 9.8 million people seem to like it fine (not counting any part of the 12 million who had it as part of their disc subscription, too).

Why is it so hard for people to understand that not everyone likes what you like?

MotionMan

9.8 million contrasts with hundreds of millions who don't have it? Like he said, vast majority.

 

[dwell]

About 9.8 million people seem to like it fine

10M is nothing. That's 3% of the US population, which makes it a niche. They are not going to grow until they get content the masses want. Old TV shows and magna don't cut it for most.

 

[slayer202]

I get almost tight in my loins reading from people who keep defending the streaming content of Netflix, as if it's great and only people who have poor taste don't appreciate that and wow what a great deal for $9. Keep it up, folks. Good fun.

The rest of us know its streaming content sucks. Netflix is facing down a barrel of a gun now, it's unclear how they'll get through the next few years.

Today their stock down 9.54%. That is a huge hit. I think their CEO should be removed, he's obviously fvcked things up in the past few months. Only by sacrificing one of their own can Netflix appease the blood thirst of the angry public hehe

this is why people are stupid. what did the CEO do wrong? not raise the prices? they are dealing with the market, what else can they do?

 

[nageov3t]

this is why people are stupid. what did the CEO do wrong? not raise the prices? they are dealing with the market, what else can they do?

raising prices twice within a year was a little dumb, at least from a PR perspective.

but this thread is about them splitting the company in half and making it super inconvenient for the majority of their customers who use both services.

 

[MotionMan]

9.8 million contrasts with hundreds of millions who don't have it? Like he said, vast majority.

So everyone (in the U.S.?) who does not have Netflix streaming does so because the content sucks?

MotionMan

 

[Doppel]

this is why people are stupid. what did the CEO do wrong? not raise the prices? they are dealing with the market, what else can they do?

What can they do? I have no idea. Apparently neither does the CEO. I think there's a very strong possibility Netflix will simply end up a casualty of technology/progress. Not really their fault anymore than the biggest manufacturer in the world of type writers is probably out of business and people stopped buying rotary phones.

but this thread is about them splitting the company in half and making it super inconvenient for the majority of their customers who use both services.

Surprised they didn't still have a way to bridge to qwikster from netflix if your stuff wasn't available. I guess they didn't want to connect them in any manner like that, though, because technically it could be easily done. But yeah two price increases in a year, one severe, and then splitting into two companies, it looks like they are flailing and people don't respect that, nor should they, because netflix is flailing. It's not sure what to do and that's evident, hence the plummeting stock price.

So everyone (in the U.S.?) who does not have Netflix streaming does so because the content sucks?

No idea what percentage are because content sucks vs not even knowing what a website is, who knows.

 

[Noirish]

i'm just glad i didn't buy their stock at $300 or $200 or even $150.

 

[MotionMan]

10M is nothing. That's 3% of the US population, which makes it a niche. They are not going to grow until they get content the masses want. Old TV shows and magna don't cut it for most.

My household has four people, but only 1 Netflix account for all of us, so counting population is not fair.

There are approximately 10 million streaming-only subscribers.
There are approximately 114 million households in the U.S.

So, about 8.8% of all U.S. households have Netflix streaming-only.

But what is their market share of streaming services? Obviously, it must be higher than 8.8%. For perspective, MacOSX's market share is about 15%.

MotionMan

 

[Doppel]

My household has four people, but only 1 Netflix account for all of us, so counting population is not fair.

There are approximately 10 million streaming-only subscribers.
There are approximately 114 million households in the U.S.

So, about 8.8% of all U.S. households have Netflix streaming-only.

But what is their market share of streaming services? Obviously, it must be higher than 8.8%. For perspective, MacOSX's market share is about 15%.

MotionMan

I wonder how many will be streaming 6 months from now

 

[slayer202]

So everyone (in the U.S.?) who does not have Netflix streaming does so because the content sucks?

MotionMan

:biggrin:

The "content sucks" argument is stupid. If people don't like it, don't buy it. The number of subscribers was enough to get the stock price up to $304, so trying to say the number of people streaming is nothing compared to the US population is very dumb. The content, I would assume, was satisfactory for the people paying for it. If the small price increase was too much for people, fine. But don't bitch that it's because of the selection...

If you think it costs too much, I strongly disagree, but that's your call. The selection is a shit argument. The splitting of the services is a pain, but it's really not that big of a deal, not something to even consider canceling over

 

[MotionMan]

No idea what percentage are because content sucks vs not even knowing what a website is, who knows.

If you do not know that information, why would you put the number of subscribers against the entire population to support your (incorrect) assertion?

MotionMan

 

[MotionMan]

I wonder how many will be streaming 6 months from now

It depends a lot on what deals are (and are not) struck between now and then. I would guess that streaming will get better in every way, so subscriptions will go up.

MotionMan

 

[slayer202]

and some people who raged and canceled will come back with their tail between their legs

 

[dwell]

It depends a lot on what deals are (and are not) struck between now and then. I would guess that streaming will get better in every way, so subscriptions will go up.

MotionMan

But truth is it's been getting worse. Losing Starz is going to stripmine the library of any current titles. The stock is tanking for more than one reason. 10M people @ $8 a month is only $80M/year in revenue. Starz alone walked away from a $200/M deal. Where is this money going to come from to obtain content?

 

[MotionMan]

But truth is it's been getting worse.

What movies or TV shows have been removed recently?

MotionMan

 

[dwell]

What movies or TV shows have been removed recently?

MotionMan

Like I said. They are about to lose Starz. They did recently renew NBCU for $300M/year (where is this money coming from?) but that's for one season lagged content.

 

[manly]

But truth is it's been getting worse. Losing Starz is going to stripmine the library of any current titles. The stock is tanking for more than one reason. 10M people @ $8 a month is only $80M/year in revenue. Starz alone walked away from a $200/M deal. Where is this money going to come from to obtain content?

check your math.

The Starz deal was important because it brought in first-run Disney and Sony films. I think Sony films were pulled 2 months ago through some contractual loophole. It remains to be seen if Netflix can acquire other content licenses to recharge subscriber growth, but I strongly doubt 10M is the ceiling.

 

[MotionMan]

Like I said. They are about to lose Starz. They did recently renew NBCU for $300M/year (where is this money coming from?) but that's for one season lagged content.

But you said "it's been getting worse".

Is what you meant, ""it might get worse."?

MotionMan

 

[dwell]

check your math.

The Starz deal was important because it brought in first-run Disney and Sony films. I think Sony films were pulled 2 months ago through some contractual loophole. It remains to be seen if Netflix can acquire other content licenses to recharge subscriber growth, but I strongly doubt 10M is the ceiling.

Whoops $1B a year coming in from streaming. $300M alone going to NBCU. If they do another jackpot deal like that their returns will be nil for a looonnggg time. Especially since the deals and infrastructure costs scale with userbase you can't "make it up in volume".

 

[dwell]

But you said "it's been getting worse".

Is what you meant, ""it might get worse."?

MotionMan

They lost the Sony and Disney content recently. Plus things come and go from the service all the time. I'm not keeping precise tabs. I just know there's nothing worth a damn on there to justify $8/m.