Quote:
Originally Posted by ownedbycats
If only people cared about being able to get books out of the Kindle ecosystem as much as they cared about sharing passwords on Netflix.  |
The problem that Netflix will run into IMHO, is that the quality and variety of their content has taken a steep nosedive over the last few years. These days there are a ton of streaming companies and they all have dug foxholes and each has their own exclusive content. Content that used to be available on Netflix. Now Netflix has much less content from other places than they used to. They are filling in the gaps with content that they are producing themselves. Some of it is good, but a lot of it is bad.
They raise prices over time, and give you less and worse content than before. So many subscribers reach the point where they say, is it still worth paying for this? The solution in the past has been to share a Netflix password between two or more people that divide up the Netflix cost. Netflix does not like this (obviously). They would like more money (obviously). But I'm afraid that as they force people into not sharing an account, they may find instead of having two subscribers where they used to have one, they might end up with zero subscribers where there used to be one.
Netflix has the moral high ground in trying to get rid of shared accounts. And it is certainly their right to do so. But they may find that what they want to charge each individual, for what they provide, is too high and their customers may start abandoning them.
The problem is not that Netflix is bad. The problem is that every content provider got greedy and decided to create their own streaming service with their "exclusive content" that nobody else is allowed to stream. Nobody wants to pay for all those different streaming services. So in the long run, they're killing themselves. Netflix may be one of the first casualties with their higher prices and declining content (quantity and quality).