Both companies' stocks fell after the announcement. Investors know this is a net loser for everyone. Disney's just being greedy, and Netflix (and consumers) suffer for it. And, apparently, shareholders.
http://money.cnn.com/2017/08/08/media/disney-netflix/index.html
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LEGO Americana Roadshow: Building Across America I just checked out this traveling exhibition from LEGO and was quite impressed. The scale ... -
Merry Christmas, everyone!
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When we let politics trump science, people are needlessly put in harm's way. http://arstechnica.com/science/2017/01/self-censoring-fears...
Like I'm going to subscribe to everyone's crappy, limited streaming library. I looked at the CBS one, not interested. Hulu allows only one screen.
ReplyDeleteNetflix is the clear choice here.
Not really a blow to Disney. I have over 11k shares and I think it's a great move. You forget Disney's library.
ReplyDeleteMarvel, Lucasfiles, Pixar. All the live action movies on their cartoons have been a big hit and their cartoons. ABC...
All of their parks have free advertising as they will stream it in their 190K rooms at their parks worldwide.
https://lh3.googleusercontent.com/-YyZkPQHdEAWV-n8X7VbxJJoDYOyOsEKAGh8SwnobbWBQPhEdmbo2OJ1tfN6LKD5vzr32acWn3ZArBo_KhIAxmufLdMdoxXJME4=s0
Doc Kilgore Well, in after-hours trading, $DIS is down nearly 4%, meaning you're out (at least in unrealized losses) ~$45,000. Will it work out long-term? Maybe. But I suspect a great many consumers will not want to sign up for a different streaming service each time a content owner wants to own its distribution channel. Such would be a nightmare of inconvenience (and probably higher cost) for us little people, meaning that they're just going to reinforce piracy and illegal downloading all the more.
ReplyDeleteI hope so. People have stolen enough stuff. In spending millions to develop something somehow people feel it's not far and want it for nothing when they didn't invest anything.
ReplyDeleteTo cut all the chit chat, That's what we are talking about here.
Craig Froehle only a lose if you sell it at a lose. Living off the dividends
ReplyDeleteStolen? No. Not under U.S law anyway.
ReplyDeleteI was already paying for Amazon Prime for the shipping, so I finally bought a Roku to replace my ancient AppleTV 2. Now I have access to the steadily diminishing Netflix library ($8/month includes their excellent originals), the quirky and unreliable Hulu library ($13 for ad-free), and the Amazon free on Prime library (just over $8 if I wasn't already paying for the shipping, plus reasonably priced rentals of many other films and shows on Amazon. Reuters has the best free news I've found. YouTube and TED channels are great. And I installed a dozen other free channels that I may never watch.
ReplyDeleteThe problem with big name content providers like HBO and Disney is price. Given how much I can get for $8-$13/month, why would I spend more than twice that for HBO? $3.99/month? Maybe. $7.99? Probably not. Anything more? No way.
Netflix, Hulu, and Amazon Prime are all pushing their original content, and much of it is excellent. There is room for many more content providers in the streaming space, but only if they price it correctly.
Eli Fennell Maybe. They tend to run a little dark for those of us with kids.
ReplyDeleteOh, and one other thing I won't pay for? Advertising. You either give me the content for free and make your money off of ads, or charge me a subscription and let me watch your content ad-free. I have no interest in paying you for the privilege of being your product that you sell to advertisers, so that you can deliver ads to me over the bandwidth that I pay for. Hulu tried selling a $7.99/month subscription that included ads. Even their "ad-free" subscription has a handful of shows that begin with the disclaimer, "Due to streaming rights, the following is not included in Hulu's Ad-Free subscription, and will play with a commercial before and after the program." If that becomes more common, I'll cancel my Hulu subscription.
ReplyDeleteFor years, I was missing the huge movie library that Netflix used to have on DVD, and was considering going back to a hybrid subscription (does Netflix even send little red envelopes any more?). But Amazon hits the sweet spot. A nice library of free content for Prime subscribers, and a huge library of movies rentable by streaming. I just wish that Amazon had paid Roku for a dedicated button on the remote, like Netflix, Hulu, Sling, and HBO did.
I'll be buying shares in Roku when they go public later this year. The killer features? Cross-channel search and notifications. When I want to watch something, I search on Roku and it tells me which of my channels I can watch it on (and whether it is free or a rental). If I don't feel like paying for it, or it isn't available yet, I add it to a notifications list, and Roku lets me know when it is either available on a new channel or the price changes. Now, if Roku could just add a cross-channel queue, so that I didn't have to remember on which channel I am catching up on Dr. Who Episode 9 (Amazon).
I know I am getting a bit far afield from the OP, but this is the environment that Disney n ends to play in. The manufacturers of streaming devices (Roku, Apple, Amazon, Google, primarily) are the new content aggregators. Disney and other content providers need to stop calling us "cord-cutters" and looking for the next Comcast to be their white night. We are "streamers". I haven't had a cable TV subscription for 20 years. Yet, I have had some sort of cord all those years, delivering pure, net-neutral, unfiltered IP bandwidth into my home. Next year, I'll trade-in my ancient twisted-pair copper cord with Verizon SlowDSL for a strand of glass from the municipal fiber network we are building.
When you have so many content options to choose from, providers need to compete on quality and price, not their ability to cut back room deals with a handful of telecom giants.https://lh3.googleusercontent.com/K8lAt2UJL9kDaelJBP--NlVtTc3rChuEC63prfo2zOgmcZVln6IgbNS7Xz0zc-1MtQRQSqeEavEZgCn9iTVLsXYJJ3B05kL7yeEZ=s0
Eli Fennell Someone on their writing staff may have ... issues.
ReplyDelete