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Why Streaming Struggles
stewart_pk:
https://www.theguardian.com/media/2017/jan/05/film-and-tv-streaming-and-downloads-overtake-dvd-sales-for-first-time-netflix-amazon-uk
"The digital onslaught is also continuing in the music market, with subscription revenues increasing by 65% to £418m, driven by services such as Spotify, Apple Music, Amazon Music and Deezer.
Physical sales of CDs fell by 13%, a steep decline after a 3.7% fall in 2015.
Downloads and streaming accounted for over 57% of the music market in 2016."
RoderickGI:
--- Quote from: jmone on July 31, 2017, 03:00:18 am ---Netflix now owes US$20 Billion and does not expect to turn a profit for years yet.
http://www.news.com.au/technology/online/streaming-giant-netflix-is-bleeding-money-at-a-shocking-rate-with-debts-of-more-than-25-billion/news-story/d7001732c2c5cea197252d58ed492f25
--- End quote ---
--- Quote from: http://www.news.com.au ---A spokeswoman for Netflix in Australia disputed the inclusion of the company’s content contracts with studios as debt.
“Netflix has a total gross debt of $4.8 billion versus the company’s equity market value of about $75 billion,” she said.
--- End quote ---
While the report may not be wrong, essentially, it is using dodgy accounting to sensationalise the story.
Netflix is trying to get big enough to be able to tell the studios what they will pay, and what for, and to demand access to all content rather than negotiate a selected range, piece by piece. Once they have done that, we may actually get a streaming service that is worth paying for.
Hendrik:
--- Quote from: RoderickGI on August 01, 2017, 01:09:42 am ---Once they have done that, we may actually get a streaming service that is worth paying for.
--- End quote ---
But if you don't do it before that, they might not get there. Its a conundrum.
tyler69:
is jriver of the impression that streaming is not becoming a major way of listening to music?
disclaimer: i do not use streaming services.
JimH:
We have worked with streaming services for more than 10 years, but they keep falling on their faces and the rules keep changing. For example, we had a very nice implementation for Netflix once, but they then closed their system so it no longer worked.
This kind of thing happens but it is too risky to bet on who will survive.
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