What a scam Netflix's 'Watch Instantly' is

Serious Business Backup 73 replies 3,694 views
Pick6's avatar
Pick6
Posts: 14,946
Feb 26, 2011 7:36pm
-Society-;692872 wrote:Right, because I always complain about services I don't use or pay for.:rolleyes: Fucking stupid.

I get my netflix for free ;)
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I Wear Pants
Posts: 16,223
Feb 26, 2011 9:27pm
-Society-;692606 wrote:Do you really believe all the shit you type?

He was actually right.
CinciX12's avatar
CinciX12
Posts: 2,874
Feb 26, 2011 9:29pm
If you don't think Netflix is awesome then you are most likely not satisfied by anything in life.
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bigkahuna
Posts: 4,454
Feb 26, 2011 10:50pm
I like it for movies I haven't seen in a long time or things entirely new.

Also, tv shows from my childhood(cartoons mostly) are great.
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Sonofanump
Feb 26, 2011 10:54pm
I have enjoyed the service thus far, we have the one dvd plan, it's enough just to try and watch two movies a week plus what the daughter will watch on line.
krambman's avatar
krambman
Posts: 3,606
Feb 26, 2011 11:29pm
gut;692807 wrote:But you can get pretty much any DVD under the sun through mailing. On the Blockbuster program, you can exchange a mailing for any new release in the store, including blu ray, while you wait for your next mailing. So pretty silly that they don't stream all titles - if they restricted you to one such "premium" rental a week there would be effectively no difference from the current mailing and exchange programs out there.

It's not rocket science - you can make the whole pie bigger (i.e. many people might only rent 1-2 movies a month, but many of them might be willing to pay $20 a month if they can stream whatever on demand). We've seen this play out again and again where content providers are slow to embrace technology and struggle to figure out how to best monetize their intellectual property.

First, you were wrong about getting new releases through Netflix. New releases are delayed a month on Netflix.

Other than that, this post is correct. Since the online streaming feature is still relatively new, the studios don't want to put all of their best titles on there until they see how best to make money from it. Until you launch it and test it for a while you really don't know how many people will subscribe, how often those people will use the service, or how successful it will be. Once they've had some time to test things out they'll figure out how best to make money from it and then add premium titles.

Likely what will happen is you will either have to pay an extra fee to watch premium content (i.e. new releases, classic movies, new TV episodes) either per episode or per month. They could also do a system where you pay one amount for DVDs, unlimited streaming, and one premium title a month, pay more for two a month, pay more for unlimited. It's probably better for them to do it this way than to release new releases streaming and lose a lot of money right now, then charge for it later and start making money again.
krambman's avatar
krambman
Posts: 3,606
Feb 26, 2011 11:30pm
I Wear Pants;692955 wrote:He was actually right.

Thank you.
hoops23's avatar
hoops23
Posts: 15,696
Feb 27, 2011 1:57am
I love Netflix, and krambman was 100% accurate in his statements earlier.
Joe Table's avatar
Joe Table
Posts: 12
Feb 27, 2011 12:57pm
From what I've read, NetFlix understands that it will need to develop a system to get top releases instantly, but it isn't yet profitable.

Kind of like newspapers trying to make enough money off online content to stay fully staffed. I read something from NetFlix's CEO saying that was what the tv-top boxes were an attempt to do. They'll have to keep trying new ways of delivering apart from the postal service that are profitable (enough) both for them and the studios or we'll be talking about NetFlix in the same past-tense that we do Blockbuster now.
Laley23's avatar
Laley23
Posts: 29,506
Feb 27, 2011 1:16pm
Right now I think the studios are giving some movies test runs. Ive had quite a few from my queue go to "Instant" for a couple months and then back off. I think they are starting to get a feel for how the stuff works, and in time will figure out how to make the most profit from it.
Scarlet_Buckeye's avatar
Scarlet_Buckeye
Posts: 5,264
Feb 27, 2011 3:02pm
Trueblue23;692790 wrote:Maybe you should of done your research before you signed up for NetFlix.

Please read (fine print) people.

Again... where did I ever say I "signed up."

DAMNIT. Please read carefully people.
Scarlet_Buckeye's avatar
Scarlet_Buckeye
Posts: 5,264
Feb 27, 2011 3:04pm
Manhattan Buckeye;692793 wrote:Sure that can work, but it won't be easy to determine a pricing structure that makes sense for the studios, Netflix and Netflix' customers that can easily replace a pricing mechanism for hard copy retail that is been in place for decades. This was one of the biggest issues in the writers' strike a few years ago - the writers wanted a bigger cut from downloads/internet streaming and the studios didn't want to give up too much without fully understanding how much money was really there (South Park had a hilarious episode about this when Canada went "on strike").

Again it probably won't fully happen until hard copies go away completely.

Why can't they incorporate a similar profit structure such as the one's they do for dvds? Sure their profit margin won't be as high, but they will be cutting so many costs (i.e. delivery) that I think it could definitely work in their favor.
Scarlet_Buckeye's avatar
Scarlet_Buckeye
Posts: 5,264
Feb 27, 2011 3:05pm
gut;692807 wrote:But you can get pretty much any DVD under the sun through mailing.

BINGO!
Scarlet_Buckeye's avatar
Scarlet_Buckeye
Posts: 5,264
Feb 27, 2011 3:07pm
-Society-;692872 wrote:Right, because I always complain about services I don't use or pay for.:rolleyes: Fucking stupid.

Yeah, I do complain about shitty "deals" because if you're going to try and do something, make sure you do it right. Like if Society and TruBlue are going to try to make a dig at me, please make sure you've actually done your homework and have something against me instead of just assuming and making asses out of yourselves instead of failing at trying to look like a hard ass.
Scarlet_Buckeye's avatar
Scarlet_Buckeye
Posts: 5,264
Feb 27, 2011 3:08pm
CinciX12;692957 wrote:If you don't think Netflix is awesome then you are most likely not satisfied by anything in life.

Netflix is awesome. The instant watch is only decent at best.
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gut
Posts: 15,058
Feb 27, 2011 3:15pm
Scarlet_Buckeye;693576 wrote:Netflix is awesome. The instant watch is only decent at best.

Perfectly summed up. I've seen most of the older movies that I want to see, and to me streaming new releases is where it's at. I'd endorse it if almost all the "great" movies weren't DVD only, I'm talking about the movies you loved and haven't seen in years but occasionally might want to watch. Star Wars, Hoosiers, Gladiator....the list goes on and on and you're out of luck streaming those. I look at their streaming library and I see a number of good movies that I've already seen and hundreds of movies I have no interest in ever watching.
hoops23's avatar
hoops23
Posts: 15,696
Feb 27, 2011 3:18pm
Scarlet_Buckeye;693576 wrote:Netflix is awesome. The instant watch is only decent at best.

Ok.

The instant streaming is a bonus on top of the actual service though...

If the instant streaming were their primary option, then I would agree that Netflix sucks, but it's not and it doesn't.

Netflix can only stream what the studios allow them to. I've been a subscriber for a few years now and trust me, the instant streaming is 100x better than it was just a couple years ago. We've seen some of the newer releases pop up on instant streaming a lot sooner than ever before.

You make a post saying Netflix is a scam, yet you bring no real substantial proof/facts to back up your claim. This is entirely opinion based, and your opinion happens to be wrong.
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gut
Posts: 15,058
Feb 27, 2011 3:29pm
hoops23;693584 wrote:
The instant streaming is a bonus on top of the actual service though...

Fair enough. But honestly I find Blockbuster's program to be a better set-up, since I can exchange the mailings at the store while I wait for the next mailing from my queue. My choices at the store are simply superior to what Netflix offers online. And Netflix heavily promotes its online capability, so to the extent that selection is disappointing...Well, scam maybe harsh but since at this point I like Blockbuster better if I had to pay to trial Netflix I would definitely have felt scammed.
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Manhattan Buckeye
Posts: 7,566
Feb 27, 2011 3:40pm
Enjoy the better set-up while Blockbuster is alive - which is what 7, more days (hyperbole, but little chance they survive the year)?
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gut
Posts: 15,058
Feb 27, 2011 3:58pm
Manhattan Buckeye;693614 wrote:Enjoy the better set-up while Blockbuster is alive - which is what 7, more days (hyperbole, but little chance they survive the year)?

They declared bankruptcy over 5 months ago. A lot of stores have closed, and probably more will still, but I imagine someone will buy them - still a strong brand and a lot of customers. Probably be good for Netflix if Blockbuster did go away because it would be a huge hit to the studios with a ton of lost rentals and sales.
LJ's avatar
LJ
Posts: 16,351
Feb 27, 2011 3:59pm
gut;693641 wrote:They declared bankruptcy over 5 months ago. A lot of stores have closed, and probably more will still, but I imagine someone will buy them - still a strong brand and a lot of customers. Probably be good for Netflix if Blockbuster did go away because it would be a huge hit to the studios with a ton of lost rentals and sales.

More are. Something like 340 and 8 in Columbus (taking out almost all of the suburban stores left in Columbus)
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gut
Posts: 15,058
Feb 27, 2011 4:04pm
LJ;693642 wrote:More are. Something like 340 and 8 in Columbus (taking out almost all of the suburban stores left in Columbus)

Yeah, but nationally I think they still have about 1500 stores.
LJ's avatar
LJ
Posts: 16,351
Feb 27, 2011 4:07pm
gut;693653 wrote:Yeah, but nationally I think they still have about 1500 stores.

This latest round of closings though almost completely kills BB in Columbus. I won't have one within a 20 minute drive, therefore making their program worthless to me, and probably a lot more people with this latest round of closings.
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friendfromlowry
Posts: 6,239
Feb 27, 2011 4:23pm
I use to have Netflix for a long time but cancelled several months ago. When they had to delay the new releases for 28 days, that's what killed it for me.
Their online streaming never did anything for me, either. Pretty much the only thing I used it for was to watch any episode of 'The Office' -- like someone else said, it's good for (some) TV sitcoms, international movies, or documentaries. If you're not an avid fan of any of those, then you're pretty much SOL. They raised their prices a little bit a few months ago and at that point I cancelled. It wasn't about the raise in prices that I couldn't afford; I just wasn't gonna pay even more money for a product I didn't like.
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gut
Posts: 15,058
Feb 27, 2011 4:31pm
LJ;693662 wrote:This latest round of closings though almost completely kills BB in Columbus. I won't have one within a 20 minute drive, therefore making their program worthless to me, and probably a lot more people with this latest round of closings.

True, but they'll still have about 1500 stores AFTER this latest round of closings (off from a peak of 3900 or so, closed about 2000 stores the last few years). And for several people on here who find the online selection rather worthless, the BB mail-in program is entirely equivalent to Netflix (better, actually, since you don't wait 28 days for new releases) even without the in-store exchange.

Netflix could be great, but it isn't.