It looks like Netflix lost around 700,000 customers in Russia, which is making their numbers look bad. They expect to lose 2.5 million more customers.
It looks like Netflix lost around 700,000 customers in Russia, which is making their numbers look bad. They expect to lose 2.5 million more customers.
The stock value of Netflix was based on the perceived future value as more people moved to streaming services. Now that there are more and more streaming services, Netflix simply has more competition. The assumption that drove its stock price so high is waning.
Unfortunately for consumers, the proliferation of streaming services means that every streaming service has to distinguish itself. The basic features are hard to innovate much more on, so we’re seeing more and more exclusive content and vertical integration. Do you like Attack on Titan, the MCU, The Witcher, Doctor Who, Picard, and Wheel of Time? Too bad, because those are on six different platforms.
This is why piracy will never die. Even if you want to throw money on creators it just becomes unfeasible again. You will get people subscribed to 1-3 of these services and rest is torrent.
Yeah.
I tried circulation my subscriptions. One month Netflix, one month HBO,… But it is too tiring and annoying.
Piracy will always be preffered if it is easier and more convenient.