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Why NETFLIX will survive.

And why you might want to sink some money into it NOW

By Kerry WilliamsPublished 2 years ago 6 min read
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NETFLIX.

A burdgeoning online streaming company with more subscribers than the population of most United States - STATES. MILLIONS we're talking. HUNDREDS of MILLIONS. With a small monthly fee, they exploded onto the streaming market, one of the first and I dare say, the largest, and many others followed suit to try their hand at such corporate feats.

BACK IN THE DAY

Remember when the virgin streaming services, the "order online" and get your DVD in the mail services just started out? Remember the downfall of Blockbuster? Movie rental services like RedBox and Video Game rental services like GameFly have changed the landscape of what is profitable, and what will survive. But streaming, where there is no physical disc rental, where there is nothing to "forget to return" is aiming to eliminate those cutting edge services as well.

PHYSICAL MEMORY DEVICES WILL NEVER DIE.

Sony and Microsoft are now offering streamed versions of games, sometimes before the actual physical copy can be purchased, especially if the release comes at midnight and your local retailer doesn't open until 8 a.m. BUT, will streaming put the DVD business out to pasture? NO. The answer is NO. Nothing beats a game you can play WITHOUT AN INTERNET CONNECTION. Sure streaming is convenient, but often choppy, and EVEN IF you don't have the best internet connection, there are still skips, lags, and "current feature unavailable", especially if a lot of people are watching the show you are watching too.

THE BATMAN

Take, THE BATMAN for example. It premiered on HBOMax and I was super excited to watch it... only to find my login and password didn't work. After four devices were disconnected and numerous other issues were worked out, I grabbed a slice of pie and sat down to stream, THE BATMAN. Thirty seconds in, I got some rotating circles in the middle of the screen... something went wrong. I restarted the app, restarted the movie. Three minutes in, same thing. Ten minutes in, again. Again. Again. Then I lost internet connection and had to restart my brand new router. HOW FUN!

After an hour of trying to watch the first thirty minutes of the movie, I was done. I'll try again later. But if I had a physical DVD... that wouldn't have happened.

Back to... NETFLIX.

When it comes to streaming services, there are big ones, and a whole bunch of little ones, all trying to steal away whatever the big ones thrive on. In NETFLIX case, it's subscribers. But what a lot of people do not understand, and most of this generation fails to understand, is that... GROWTH is finite.

If the world's population was 10 billion people, and NETFLIX had ten billion subscribers, their foes would declare them defeated. "The path for additional growth is negative!" "They're on a downward spiral! Subscribers keep passing away!" The reality is, Disney+ only has a paltry 41 million domestic subscribers, and about the same international. For a streaming service that costs about the same ($8, $9, or $10)/month, it's a wonder Disney+ is even still in operation... or is it! Disney offers far fewer movies, far less selection, ONLY Disney brands and related intellectual properties. But Netflix offers so much more, and everyone knows if you get a VPN service like NordVPN, or Surfshark, you can literally watch any movie Netflix has to offer, world wide.

So what's all the hub-ub about? Why did NETFLIX Stock drop from approx $350 a share to just over $200 a share, overnight? Well, it's all about people's fears and, let's say, maybe a bit of stupidity as well. Netflix says, your subscription is for YOU. Your household. You can pay for additional devices to watch at the same time, but the standard subscrioption has a LIMIT. That prevents you from signing up and then letting all your friends watch for FREE.

So, when suddenly, an account shows 4 devices watching at the same time, and the limit is 3, one person get's kicked. OH NO! What's a person to do? Surely not call their friends and tell them you want to watch your streaming service YOU PAID FOR! No. Nope, what they do is; They call Netflix and yell and scream that someone else is using their access without their permission. HOW did they get your login and password? Oh yeah... you gave it to them.

YOU NEVER HAD IT SO GOOD

So after YEARS of putting up with people and their childish behavior, Netflix decided to OFFER their subscribers a way to upgrade their accounts, and they raised their rates, SLIGHTLY. It's really a shame that a single hour of work, or two at the federal minimum wage... of one trillionth of Elon Musk's hourly salary (just kidding) each month is more than enough to pay for the subscription service. I say it's a shame, not because people can't afford it, but because people are so spoiled now, they have no idea how good they've got it. Remember the metal circle and alien antennae ... antennas, we used to have to move in order to get a good signal? Anyone remember UHF, and VHF channels? Nobody? Consider yourself lucky.

The facts remain. Netflix is still cranking out exclusive content that is above and beyond what other streaming services have been able to offer. And as long as each service had exclusive proprietary content, they should keep chugging along. As long as people are still willing to subscrtibe to watch a show, even if they cancel afterwards, the tiny amount of electricity it took, per subscriber, to allow them to stream a show, is paltry compared to the profit, which is exactly why streaming is so profitable.

STRANGER THINGS AND SQUID GAME

Netflix keeps on cranking out the hits. Not just CGI intensive masterpieces either, but wholesome down to earth, human interaction movies, crime thrillers, low budget movies where relatively new actors and producers are willing to put their mouth where their money is... or vice versa. Make a show on a couple thousand dollars budget, make it interesting, even if it is dubbed over in english and SQUID GAME will rock the audience. Looking for something more? I'm not even going to get into the way I love the 80's nostaligic STRANGER THINGS.

It seems to me, so many people are jumping on the badwagon... No, I typed that correctly. The badwagon is the one rushing headlong for the cliff, and everyone on board wants to stay on to the very last moment, to enjoy the highest amount of thrill... and then nobody jumps off as it goes over the edge. That's the badwagon. Like my Big-Wheel I would ride down an icy slope in the winter like Evel Knievel, right into a tree.

STOCKS AND BONDS

In the world of stocks, and the stock market game, heres my advice and consideration. And in no way am I professional, so if you loose your ass, that's on you. But the facts are... Netflix stock was $130+ a share, just days ago. It's about $220 a share now... As far as I know, Netflix hasn't weighed in on whether Donald Trump secretly won the 2020 election, whether or not we should say the word GAY in the third grade in Florida, or whether or not we should require masks on airplanes. In fact, I'm pretty sure they haven't even put their two cents in, whether they agree with or disagree with, the slap heard round the world! Will Smith of course. Regardless of what other people are thinking, my thoughts are simple. What was up once, and is now down, will go up again! So if you have the cash lying around... well...

I wouldn't be surprised to see that Netflix is getting a lot of trolling by paid entities to continue their temporary low point, especially since Governor Ron Desantis and the Florida Legislature seem poised to fight Disney tooth and nail in the court of public opinion, and strip their right to self govern... And yet, Disney stock didn't take a hit like Netflix's stock did. Why do you think that is? I think I know.

Thank you for reading and I hope you enjoy my posts!

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About the Creator

Kerry Williams

It's been ten days

The longest days. Dry, stinking, greasy days

I've been trying something new

The angels in white linens keep checking in

Is there anything you need?

No

Anything?

No

Thank you sir.

I sit

waiting

Tyler? Is that you?

No

I am... Cornelius.

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