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Post by eJm on Apr 21, 2022 5:10:09 GMT -5
Thing is they didnt have a huge drop in subscribers. Only 200,000. When they still have over 221 million. But in Wall Street having anything but insane and unsustainable growth is bad so their stock dropped 30%. This factors into it, too, to be quite honest. A Platypus Rave once talked about this in another topic but shares and stocks...they don't matter to Joe Public for the most part. They're not tangible to them in terms of what a good business is because they have so many variables and weird rules that it's a difficult gateway for anyone to get into (and as shown with Gamestop, if they do, they just change the rules anyway). So saying that Wall Street freaked out about 200,000 subscribers (a drop in the ocean to any streaming service, never mind Netflix) should, really, get reactions of "So what?". But the trouble is...people and businesses fall for it. I've seen so many op-eds about what Netflix should be doing and so many articles about Netflix's next steps that it all feels unneeded. The people talking about shows being cancelled don't understand why Netflix is doing it (and overhype the 200k number) and Netflix don't understand why people are disgruntled with their service at times because they're only listening to the man behind the curtain known as Wall Street. And it also ignores genuine problems in Netflix in not giving many shows a chance to gain a footing and promoting them enough, backing the wrong horses (Dave Chappelle being one), policies that erode customer will and instead go for the stuff Wall Street tells them is a problem. And it's something we've seen a lot with Twitter, WWE, many Fortune 500 companies where the only "customer" that matters is some suits in New York having more control than they should.
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Post by thechase on Apr 21, 2022 5:20:31 GMT -5
Dreamworks with the He-Man/She-Ra stuff I don't think Dreamworks have the rights to the He-Man/MOTU brand, the She-Ra team are keen to do something in regards to a crossover with Revelation, but that might require some hoops
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Post by eJm on Apr 21, 2022 5:22:05 GMT -5
Dreamworks with the He-Man/She-Ra stuff I don't think Dreamworks have the rights to the He-Man/MOTU brand, the She-Ra team are keen to do something in regards to a crossover with Revelation, but that might require some hoops They have the international rights, I believe which is why they can upload whatever they want with their channels and such. I forgot who owns it for the UK and Ireland, but they're the ones responsible for the uploads on the He-Man YouTube channel.
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Post by eJm on Apr 21, 2022 5:37:27 GMT -5
I'll put into perspective the users thing. As Feyrhausen mentioned, Netflix is at 221m users worldwide and lost 200k in the last quarter. HBO Max just today is bragging about having 76.8m users, 48.6m being in the US and wider parts of Europe not expecting the service until 2025 at the earliest. I'm not saying one is a failure and one isn't but the perspective about both is why it's hard to take Wall Street and stocks itself seriously even though it's the most important thing in the world(TM). Because looking at it from a wider perspective, even with HBO Max launching in other parts of the world this year, they aren't going to have Netflix's global reach for a long while. Which is fine but if they don't...you know, Wall Street will have their head.
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Post by castletonsnob on Apr 21, 2022 5:41:42 GMT -5
I'll put into perspective the users thing. As Feyrhausen mentioned, Netflix is at 221m users worldwide and lost 200k in the last quarter. HBO Max just today is bragging about having 76.8m users, 48.6m being in the US and wider parts of Europe not expecting the service until 2025 at the earliest. I'm not saying one is a failure and one isn't but the perspective about both is why it's hard to take Wall Street and stocks itself seriously even though it's the most important thing in the world(TM). Because looking at it from a wider perspective, even with HBO Max launching in other parts of the world this year, they aren't going to have Netflix's global reach for a long while. Which is fine but if they don't...you know, Wall Street will have their head. 76.8 million isn't too shabby, all things considered. Especially for a service that launched only 2 years ago.
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Post by eJm on Apr 21, 2022 5:42:33 GMT -5
76.8 million isn't too shabby, all things considered. Especially for a service that launched only 2 years ago. Oh, absolutely and considering how they launched the thing and all the confusion? A downright miracle.
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Post by Feyrhausen on Apr 21, 2022 8:49:45 GMT -5
I'll put into perspective the users thing. As Feyrhausen mentioned, Netflix is at 221m users worldwide and lost 200k in the last quarter. HBO Max just today is bragging about having 76.8m users, 48.6m being in the US and wider parts of Europe not expecting the service until 2025 at the earliest. I'm not saying one is a failure and one isn't but the perspective about both is why it's hard to take Wall Street and stocks itself seriously even though it's the most important thing in the world(TM). Because looking at it from a wider perspective, even with HBO Max launching in other parts of the world this year, they aren't going to have Netflix's global reach for a long while. Which is fine but if they don't...you know, Wall Street will have their head. The other major problem Netflix has with Wall Street is that by all accounts they have achieved more or less peak subscribers. Anyone who wants their service has it. No more customer growth. So to keep "growing" they have to raise prices. Their plan right now is to crack down on password sharing.
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Post by Vice honcho room temperature on Apr 21, 2022 9:01:19 GMT -5
I'll put into perspective the users thing. As Feyrhausen mentioned, Netflix is at 221m users worldwide and lost 200k in the last quarter. HBO Max just today is bragging about having 76.8m users, 48.6m being in the US and wider parts of Europe not expecting the service until 2025 at the earliest. I'm not saying one is a failure and one isn't but the perspective about both is why it's hard to take Wall Street and stocks itself seriously even though it's the most important thing in the world(TM). Because looking at it from a wider perspective, even with HBO Max launching in other parts of the world this year, they aren't going to have Netflix's global reach for a long while. Which is fine but if they don't...you know, Wall Street will have their head. 76.8 million isn't too shabby, all things considered. Especially for a service that launched only 2 years ago. Doing better then Quiby.
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Post by eJm on Apr 21, 2022 9:03:52 GMT -5
The other major problem Netflix has with Wall Street is that by all accounts they have achieved more or less peak subscribers. Anyone who wants their service has it. No more customer growth. So to keep "growing" they have to raise prices. Their plan right now is to crack down on password sharing. Which just will either lead to less people viewing it or more people leaving as prices go up. No real middle ground. Not unless they change some of the ideology that lead to the 200k leaving at all. To paraphrase something I said in the WWE section about a different topic, The Social Outcasts did better streaming numbers than Quibli. It's not an achievement.
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Post by Vice honcho room temperature on Apr 21, 2022 9:05:03 GMT -5
The other major problem Netflix has with Wall Street is that by all accounts they have achieved more or less peak subscribers. Anyone who wants their service has it. No more customer growth. So to keep "growing" they have to raise prices. Their plan right now is to crack down on password sharing. Which just will either lead to less people viewing it or more people leaving as prices go up. No real middle ground. Not unless they change some of the ideology that lead to the 200k leaving at all. To paraphrase something I said in the WWE section about a different topic, The Social Outcasts did better streaming numbers than Quibli. It's not an achievement. At least Tout didn't cost 2 billion.
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Post by eJm on Apr 21, 2022 9:07:45 GMT -5
At least Tout didn't cost 2 billion. It also didn't destroy the career of an executive that helped start one of Disney Animation's biggest rivals. So also fair.
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Post by Vice honcho room temperature on Apr 21, 2022 9:13:46 GMT -5
At least Tout didn't cost 2 billion. It also didn't destroy the career of an executive that helped start one of Disney Animation's biggest rivals. So also fair. Ehh... is that a big loss? Dude has more money then he can spend in the rest of his life how ever long that will be at 71 so this was just a thing to do cause he's bored and can't think about doing anything besides executive things. At least Michael Eisner was doing the baseball card thing at Topps so its frivolous.
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Post by eJm on Apr 21, 2022 9:15:38 GMT -5
It also didn't destroy the career of an executive that helped start one of Disney Animation's biggest rivals. So also fair. Ehh... is that a big loss? Dude has more money then he can spend in the rest of his life how ever long that will be at 71 so this was just a thing to do cause he's bored and can't think about doing anything besides executive things. At least Michael Eisner was doing the baseball card thing at Topps so its frivolous. Destroyed might be harshed. Should really say "not really be trusted to run a major media company again". So yeah, he'll likely end up doing something like Eisner with Topps. What would even fit his rep, though? Motivational speaker for terrible bosses?
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Post by Vice honcho room temperature on Apr 21, 2022 9:23:56 GMT -5
Ehh... is that a big loss? Dude has more money then he can spend in the rest of his life how ever long that will be at 71 so this was just a thing to do cause he's bored and can't think about doing anything besides executive things. At least Michael Eisner was doing the baseball card thing at Topps so its frivolous. Destroyed might be harshed. Should really say "not really be trusted to run a major media company again". So yeah, he'll likely end up doing something like Eisner with Topps. What would even fit his rep, though? Motivational speaker for terrible bosses? Looking at his Wikipedia.... seems like politics is the only other thing
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Post by eJm on Apr 21, 2022 9:25:13 GMT -5
Destroyed might be harshed. Should really say "not really be trusted to run a major media company again". So yeah, he'll likely end up doing something like Eisner with Topps. What would even fit his rep, though? Motivational speaker for terrible bosses? Looking at his Wikipedia.... seems like politics is the only other thing Booooooring! I want my Jeffrey Katzenburg "How to throw decent strops" TED talk!
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Sephiroth
Wade Wilson
Surviving
Posts: 28,961
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Post by Sephiroth on Apr 21, 2022 13:09:21 GMT -5
Castlevania has gone too far off the rails to be worth saving anyway
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Post by Clash, Never a Meter Maid on Apr 21, 2022 13:21:08 GMT -5
Sorry to the OP, but that thread title wasn’t accurate.
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Post by Lizuka #BLM on Apr 22, 2022 0:36:33 GMT -5
It's kind of an eventual problem every company will have to contend with at some point in the face of the current state of capitalism, as far as shareholders are concerned there are infinite people with infinite money and something's wrong if not every single one of them wants your product.
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Post by A Platypus Rave on Apr 22, 2022 0:41:47 GMT -5
It's kind of an eventual problem every company will have to contend with at some point in the face of the current state of capitalism, as far as shareholders are concerned there are infinite people with infinite money and something's wrong if not every single one of them wants your product. Yeah, INFINITE GROWTH! Is basically the only thing Shareholders care about... you could be making seven billion dollars a second... but if you were making seven billion dollars a second last year... it's a problem!
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Post by G✇JI☈A on Apr 22, 2022 1:53:43 GMT -5
It's kind of an eventual problem every company will have to contend with at some point in the face of the current state of capitalism, as far as shareholders are concerned there are infinite people with infinite money and something's wrong if not every single one of them wants your product. Yeah, INFINITE GROWTH! Is basically the only thing Shareholders care about... you could be making seven billion dollars a second... but if you were making seven billion dollars a second last year... it's a problem! Ironically there is a documentary on Netflix about the airline maker Boeing that explains the dangers infinite growth keeping shareholders happy.
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