Netflix claims subscribers will get “more content for less” if it buys HBO Max

Andrewcw

Ars Legatus Legionis
18,978
Subscriptor
Basically we're at the point where you're picking the least evil thing that can happen. Because all outcomes will be bad. There is no good ending and can never be one at this point. This is like when Sprint got passed by with T-mobile. The least of the evil was T-mobile because it would at minimum guarantee there still be 3 players in the game.

The choice is either Netflix and Warner/Discovery merge. Or Skydance or Amazon will own them.
In the case of Skydance I don't think they have the money survive if it screws up badly as they recently ate Paramount and have "Budget Issues" or so they claim. Other then a guaranteed corporate golden parachute. Any investor port of this deal will end up with nothing. And the way Amazon will own them is when Skydance screws up as they can out muscle Netflix in a two for one special. They just aren't because they already ate MGM/UA and the long game now is wait for the bloodbath. Disney Is still digesting Fox and don't think it is in a position to play in this game.
 
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Sokonomi

Smack-Fu Master, in training
4
The tricorner hat used to be the way, and it can be again if they keep this nonsense up.

Three streaming services cost you 2 hours of minimum wage a month.
Building a HTPC costs you about 10 hours of minimum wage, ONCE.
So in less than half a year it starts paying back.

These streaming services need to be reminded that the only reason we aren't massively pirating all their content, is because paying for their services is only mildly more convenient. Don't push it.
 
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klnn

Ars Scholae Palatinae
1,072
It's already too expensive.

What's more, it's an American company, and I feel absolutely no inclination to provide more money to a representative of a rotten dying regime than I absolutely have to.

My Netflix sub ends in 2 weeks and I'm not renewing it.
so you also stopped using Amazon after they paid the first whore a 28m$ bribe right?
 
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Going back a few years, Netflix was a one-stop shop for video content, for way less than 10$/month.
Then content-providers started pulling their stuff from Netflix, to charge 10$+ for their content. Netflix got the message and raised prices.
Now they they merge their content - and their subscription prices?

Where does all the money go? Is someone getting rich, or did inefficiencies grow with scale? Do antitrust-authorities have the answer? And a recipe to bring prices down?
 
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abeinspace

Smack-Fu Master, in training
51
A senate hearing and no mention of the Trump family ties to the Paramount proposal?

Yes. In fact, as someone who opposes that proposal, it would be a great disservice to the American people if lawmakers wasted time on it in a hearing about a Netflix acquisition that is actually underway. This Netflix acquisition is essentially guaranteed to negatively impact consumers, and it's the responsibility of lawmakers to question that. The ideal situation in the merger wouldn't be for Netflix, the "lesser of two evils," to buy WB so Paramount wouldn't get it. The ideal situation would be for AT&T, whose leveraged buyout in 2018 saddled it with massive debts, to bear responsiblity for the situation that it caused, instead of being allowed to ruin another company and get off scott-free as they did.

And even if that weren't the case, Paramount's desire to vore WB has not materialized into an actual one, and it still wouldn't be worth derailing a congressional hearing about one that actually is happening and will have real consequences. If and when this deal falls through and Paramount's is accepted, I'd want congress to rake them over the absolute coals and do anything they could to end the deal. That's not where we are, though.
 
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MilanKraft

Ars Tribunus Angusticlavius
6,711
When has a merger ever resulted in “more for less”.
more profits... less service?
The Winning Posts. Not much else needs to be said in this case.

(And Ted, you can 100% bet your ass if you hike the price by 50% or more, or if you bump the price by a smaller amount multiple years in a row, I'm gone and will stay gone.

Never go Full Hulu, Ted. Hulu bad... very bad.)
 
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Ushio

Ars Tribunus Angusticlavius
7,461
It's a difference in degree, and I'm hardly the only one who's noticed. That, and I hate how Netflix made an annoying business decision ordering all their show runners to "color code" every show the exact same way, for a unified "Netflix look". Screw artistic integrity I guess, and I've never heard of any other studio doing something so boneheaded.
Do you not remember all the teal and orange films and shows from the last couple of decades.
 
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Shiunbird

Ars Scholae Palatinae
728
I'm clearing out most of my ongoing streaming subs and just signing up for a month at a time when there's a specific show/s I want to watch. The deep content available a few years ago just isn't as deep anymore, and I've already rummaged through all of it I'm interested in. That is reducing my streaming bill by over 90% a year, with little or no impact on my actual usage.
Mr Sparrow to the rescue. Any price hikes or declining quality of service that go above my salary increase (-30% since COVID) face the cut. And heck - very often Mr Sparrow will provide video with much higher quality than the overcompressed streamed crap.

A few weeks ago, I needed something done in Photoshop (I am on GIMP now). I got the trial for a week, did what I had to do, cancelled it. Done. Which is more or less what you do when it comes to streaming.

(and I got quite impressed by how bad Photoshop UI/UX has become)
 
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SpaghettiYOLOKing

Smack-Fu Master, in training
1
Well instead of prohibiting production.
A better solution is to prohibit vertical monopoly on content distribution.

Meaning after 1 year the content needs to be made available to other distributors and content distribution prices should decrease with it.

They would lose exclusivity rights and consumers gain freedom of choice on where to watch it.
But companies still get paid for the content either way.
So basically the streamer equivalent of syndication. It could work, although 2 years before its made available to other streaming platforms is probably more feasible, especially if the much more consumer friendly physical and digital home releases happen after 1 year.

Consumers get to purchase their favorite streaming content one year after it aired or debuted on a streaming platform.

Streaming platforms get to bid for the streaming rights to any series or film previously only available on the streaming platform that produced and distributed it two years after the content debuted on its original streaming platform. The original streaming platform will still be able to stream the series or film, of course, if it's an original series or film that they distributed or acquired through merger and took over production and distribution. The winning streaming platform will be able to stream whatever content they bid to win for two years.

If it's a series or film that a streaming platform bought distribution rights to and had no financial stake in the production of the content, then they lose that content from their platform to whichever streaming platform wins the bid for distribution rights for two years.

I think keeping it to a two year cycle for streaming rights between the platforms and only one other platform can win the streaming rights is a pretty solid way of ensuring content doesn't get hoarded away and lost after major mergers like this. The physical and digital consumer home releases one year after initial streaming debut is also an easy win for consumers that would rather own than subscribe to streaming platforms. Yeah, they'll have to wait a year if they never subscribe to see it as it comes out, but it creates an option for consumers while providing a bit of easy profit for the original streaming platform unless it's content that was made and funded by a film or TV studio and was only distributed through streaming platforms. The original Knives Out film is an example of that.
 
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imchillyb

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These CEOs create churn, then are mad at citizens for availing themselves of the churn they created. When streaming services stay in the single digit fees they proliferate and profit. The moment fees escalate to double digits, people look for free alternatives. How have the CEOs not realized this yet? The figures are publicly available. Even chatGPT can serve up proof of the company-created churn.

Want to keep subs? Drop the price. Doesn't matter if you have all of the content that the entire earth created, price rules our lives. Figure it out, or suffer the heat-death of corporations.
 
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For Netflix this takeover is existential: they have no back catalogue or licences and their efforts at production have been garbage.
Is HBO any different at this point?

I unsubscribed from both years ago, because almost none of their new content was actually worth watching.

For Netflix, the last gasp was their Marvel series, which were great, but now gone and fully owned by Disney. HBO's last great effort, in my opinion, was Game of Thrones right up until they ran out of source material and Westworld until they cancelled the fifth season. I also heard Raised by Wolves was pretty good, but again cancelled.

Netflix does actually seem to be doing pretty well at the moment, but it's always been the case that most of what's on TV is just not that great, and most people are fine with it.

Apple TV+ (or whatever they're calling it these days) is the only one now that seems to represent the consistent quality HBO and some of the early Netflix originals were known for.
 
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A senate hearing and no mention of the Trump family ties to the Paramount proposal?
I'm sure the GOP rep's on the committee are doing their best to throw sand in the gears for the Netflix bid by throwing the usual "woke", "monopolistic" etc etc droppings at the wall to try and make the bid preferred by Dear Orange Leader look better by comparison.
 
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The way the headline is written it sounds like he was offering us the ability to cancel as some sort of gesture of good will. The slimy co-CEO's actual words weren't quite that bad, but he just pointed out how easy it is to cancel as if that was evidence enough that this wouldn't create an unhealthy concentration of the market. I hope people do cancel in droves and he gets booted from his job, hopefully without a golden parachute.
 
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alansh42

Ars Praefectus
3,597
Subscriptor++
Going back a few years, Netflix was a one-stop shop for video content, for way less than 10$/month.
Then content-providers started pulling their stuff from Netflix, to charge 10$+ for their content. Netflix got the message and raised prices.
Now they they merge their content - and their subscription prices?

Where does all the money go? Is someone getting rich, or did inefficiencies grow with scale? Do antitrust-authorities have the answer? And a recipe to bring prices down?
You were never going to get every show and movie ever made past or future for $9.99. Streaming started as a side business for some extra revenue on top of movie tickets and DVDs. Now that it's displaced them it needs to pull the full weight.

Netflix has around 300 million subscribers. Stranger Things 5 cost around $400 million alone.
 
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Frank C.

Ars Scholae Palatinae
1,810
It is kinda crazy that Netflix's mission statement is literally to destroy movie theaters, and no one seems concerned that it is acquiring one of the last major movie studios. Not that I am a major Regal or AMC fan, but I find it f-ing depressing that future installments of Dune will have its plot repeated by characters over and over every 15 minutes.
It’s the combo phone scrolling-one eye on the TV. You have to keep repeating things because people aren’t paying attention.
 
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I love how congress is so concerned about prices hikes over an entertainment service. Meanwhile essential utilities like ISPs, cellular companies, grocery stores, health insurance and providers, and actual gas and electric utilities merge all the time and they don’t do anything, nor do they break up essential software companies like Microsoft and google when they have 90% market share.
Too much circuses, not enough bread.
 
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I believe the reasoning goes like this: HBO Max costs ~$15 a month; Netflix costs ~$20 a month. That's $40 a month. When it's all just Netflix, Netflix will cost $35 a month - see, savings! - and you'll get access to twice as much content.

Or something like that.

I'm clearing out most of my ongoing streaming subs and just signing up for a month at a time when there's a specific show/s I want to watch. The deep content available a few years ago just isn't as deep anymore, and I've already rummaged through all of it I'm interested in. That is reducing my streaming bill by over 90% a year, with little or no impact on my actual usage.
15 + 20 = 35
 
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