May 21, 2019

Netflix Is Spoiling Us

“Netflix Inc. has spoiled us.

It accustomed viewers to the prospect of a relatively cheap video service without advertising interruptions and with what feels like an unlimited assortment of TV shows and movies that can be watched at any time. It did this at the expense of an economic business strategy, prioritizing customers over profits.

Whether Netflix’s approach is viable in the long run is up to either its subscriber growth or the appetite of debt holders, both of which are changeable. And yet, despite being a business that continues to spend beyond its means, just about every established media company — and even some non-media giants — is trying to mimic Netflix as best as their own profit-sensitive investors will allow.

All of them are falling short in some way. Free service? Then you must endure ads. Subscription? Chances are it’s more expensive than Netflix, or it offers less variety. I did an informal survey of 100 people over social media to see what’s more appealing to them: paying up to not have ads or paying nothing and having to sit through ads. For many, it comes down to the price, and for those where it didn’t, ads were still an unpopular option…”

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JJ Editor's Daily Picks

"The biggest topic in British political circles on Monday wasn’t the country’s impending departure from the European Union. It was milkshakes..."

"I often disagree with Rep. Justin Amash, R-Mich., but I've been disturbed by the idea that he should be run out of the Republican Party just because he believes President Trump committed impeachable offenses."

"The Icelandic band Hatari, whose members are quite vocal in their animosity towards Israel, held up Palestinian flags... Madonna, likewise, had two of her performers wear Israeli and Palestinian flags on their costumes."

"To celebrate the 10-year anniversary of Quentin Tarantino's "Inglourious Basterds" premiering at the Cannes Film Festival, I turn to movie critic Roger Ebert's old review of "Raiders of the Lost Ark." (Trust me on this one.)"

"The money is already here—and has been for years. In the midst of a housing crisis, an injection of cash into the superheated real-estate market seems likely to cause an uptick in evictions and displacement."

"Parents concerned about YouTube debate whether to let their children have their own channels; some forbid it, others send them to summer camp..."

"‘I Had Completely Lost the Knack for Staying Alive..." Warmer weather brings daffodils, rhubarb at the farmer’s market — and, for some, despair."

"With his new book, Howard Stern proves that his rightful place is among the prophets and moral visionaries, not the ‘shock jocks’"

"I’m terrified of parenting in the anti-vaxxer age: Anti-vaccine propaganda isn’t just harmful to children. It threatens to erode our entire sense of community."

"...doctors are starting to think more about specific nutrients that feed tumor cells. That is, how what we eat affects how cancers grow..."

"...it represents an impressive achievement: a victory of humankind against the chaos that pervades the universe."

"If trends continue, in 20 years the majority of the world’s Jews will be living in Israel. The United States will see a continuing decline in overall numbers, with a growing observant Jewish population..."