Netflix really had a value proposition a few years ago before all the other players came in. A good selection of rotating movies and shows, sharing accounts with a good model (# of simultaneously running screens). This was way better than cable TV and more convenient than torrent.
Now it’s mostly quite mediocre content across services that easily cost $100+ a month, so we’re back to the old cable days in terms of cost and content and instead of switching channels we’re endlessly browsing the library for something interesting.
The consumers just aren’t complete idiots.
- lower quality productions (not the necessarily the cost, just not interesting)
- less good external content
- at the same time constantly increasing prices and/or charging for things that were free at a given tier
If you keep charging more for less, people eventually will get off their lazy asses and cancel the subscription.
One other thing that may have contributed: trying to keep users on the platform for long makes it more difficult to have good content left that hasn’t been watched.
Edit: formatting
Now it’s mostly quite mediocre content across services that easily cost $100+ a month, so we’re back to the old cable days in terms of cost and content and instead of switching channels we’re endlessly browsing the library for something interesting.
The consumers just aren’t complete idiots.
- lower quality productions (not the necessarily the cost, just not interesting)
- less good external content
- at the same time constantly increasing prices and/or charging for things that were free at a given tier
If you keep charging more for less, people eventually will get off their lazy asses and cancel the subscription.
One other thing that may have contributed: trying to keep users on the platform for long makes it more difficult to have good content left that hasn’t been watched.
Edit: formatting