There is an overflow of streaming media, it seems the era of Netflix is over.
Netflix subscriptions will only continue to decline, not increase, because now there are too many built-in streaming media on televisions, overwhelming with many inserted advertisements, free movies and videos, including YouTube, giving you a variety of instant television channels to choose from.
So, in times of economic downturn, who would subscribe to Netflix? In the past, one account was shared by five people, so they shared the cost, but now it can only be watched by multiple people in one household, how could cancellations possibly decrease?
Vicious cycle, as filming costs a lot of money, buying shows costs money, with high wages in the USA, how to sustain a large team? Making money with product placements, what? I pay for a subscription and still have to watch ads, this killing the goose that lays the golden eggs approach, cancellations will only increase, not decrease...
Moreover, television platforms collaborate to sell advertising revenue. By doing so, Netflix is essentially crossing the line and competing with platforms for advertising revenue, causing the television platform to reassess Netflix...
No wonder some people say that bankruptcy is inevitable. In the past, it was television brands seeking Netflix, but later Netflix had to share profits with television operators.
Therefore, as the market deteriorates, it doesn't seem like a long-term investment option. Everyone likes novelty and loses interest in the old. Without new programs, who would still watch Netflix???
The company needs to think carefully about its future operational strategy. Should they consider discontinuing ads and instead acquiring new programs through purchasing or licensing agreements, rather than using expensive in-house production teams.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment