Netflix officially removes Basic - the cheapest ad-free tier - eviltoast

Netflix execs needs a new jet.

  • Arkouda@lemmy.ca
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    5 months ago

    Every time I hear something about Netflix I always wonder how it is even still running. Still wild to me that they had the entire monopoly on streaming and fucked it up anyways.

    • anon@lemm.ee
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      5 months ago

      Netflix didn’t fuck their monopoly up. They just didn’t have an eternal technological moat. Their monopoly had an expiration date which is why they shifted to content generation.

      Nowadays the problem they face is that there isn’t enough people on the planet to grow forever, so in order to keep growing they have to squeeze harder.

      Their content is terrible tough, there they did drop the ball.

      • InternetUser2012@lemmy.today
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        5 months ago

        Seems like everything they made that was good was cancelled after one season. I dumped them for that, then they went all greed and now I hit the high seas if there’s something I really want to watch.

          • iknowitwheniseeit@lemmynsfw.com
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            5 months ago

            I don’t watch a lot of TV so it’s enough for me. Although to be honest if my partner ever gets smart and leaves me I’ll drop all streaming and just use i2p. 😆

            • Fisch@discuss.tchncs.de
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              5 months ago

              I already have a Jellyfin setup like that but that also means I can watch that stuff from Netflix. I heard you can use i2p for torrenting (only Linux ISOs, of course) instead of a VPN, is that what you mean? I currently use a VPN for that.

              • iknowitwheniseeit@lemmynsfw.com
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                5 months ago

                i2p is a bit like Tor. Both are overlay networks, meaning that they use the “normal” Internet as their lowest layer. They use similar method of obfuscation using multiple hops.

                i2p doesn’t rely on special nodes, I think, which Tor does. i2p also does not connect to the “normal” Internet (basically).

                Like with Tor there is no need for a VPN (or rather, little need for a VPN… probably both i2p and Tor are safer than any VPN, but nothing is 100% safe, so some people use double VPN, or Tor over a VPN).

                Tor is not designed for torrenting. It assumes TCP connections - mostly for web stuff - and doesn’t handle torrent well. They also don’t want you bogging down the system with your filthy porn. 😆

                i2p solves this by forcing you to send data for other users in order to download anything. This helps make your traffic harder to track and helps the overall network. It also means that downloads are slow. Very slow. Like, basically start your download and come back in a day or two. Not a problem if you have four or five downloads in progress, but it makes spontaneous watching impossible.

                Anyway, I’m hardly an expert but this is my understanding!

      • Arkouda@lemmy.ca
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        5 months ago

        There are over 8 billion people on the planet and Netflix is an international company. If they decided to not fuck around and find out they could have had the majority of that market for pennies and held it well past today.

        They had the monopoly on a golden platter and fucked it up. If they were smart they would have cemented that position.

    • BallsandBayonets@lemmings.world
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      5 months ago

      In their defense, they didn’t fuck it up (at first), media publishers saw there was money in streaming and decided that they wanted a bigger slice of the pie. When everyone is trying to take the whole pie for themselves, no one ends up with any pie.

      However pretty much every move they have done in the past 5 ish years has been fucking it up.

      • Arkouda@lemmy.ca
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        5 months ago

        No they screwed the pooch hard in the beginning. They could have bought up rights to basically everything for pennies compared to what it is worth now because of the leverage they had before any of those media publishers had options elsewhere.

        Netflix was literally in the position to tell them what the price was back then and now they have nothing to bargain with because the market is saturated.

        • obviouspornalt@lemmynsfw.com
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          5 months ago

          That’s basically what Netflix did in the beginning. The challenge for Netflix is that the media companies they were licensing content from weren’t dumb, so the licensing agreements were time limited. The media companies caught up and built their own streaming platforms and now Netflix is at the receiving end of disintermediation.

        • dmalteseknight@programming.dev
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          5 months ago

          But wouldn’t them buying all the rights to “basically everything” incentivise them more to jack up prices and include ads since the user base has no legal alternatives ?

    • Lucidlethargy@sh.itjust.works
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      5 months ago

      Seriously. I was subscribed from the time they first started streaming… And then years later they remove the entire rating system, and replace it with a system clearly intended to confuse and manipulate their users into thinking they have better and more plentiful content.

      I dropped Netflix then and there, and never looked back. They stopped being a great service at that specific moment.