And the Netflix bloodbath begins. Multiple execs fired, new shows canceled, anime studio slashed

Ayo

SOHH 2001
Supporter
Joined
May 8, 2012
Messages
7,038
Reputation
689
Daps
19,019
Reppin
Back in MIA
Never should have even entered animation with their trash products.
They'd be better off, just linking up with Japan for exclusive international rights to rebroadcast and dub/sub

They need to cancel all the micheal bay and legacy films they are doing if they aren't 4 quardrant accessible as well.


I know someone on the Netflix Animation team that was practically living in Japan trying to do just that.

They were let go.
 

ORDER_66

The Fire Rises 2023
Bushed
Joined
Feb 2, 2014
Messages
146,218
Reputation
15,783
Daps
583,942
Reppin
Queens,NY
:martin:hey guys look its more bullshyt:

TechCrunch is part of the Yahoo family of brands

In light of Netflix’s concerning subscriber losses, the company announced today during its first-quarter earnings call that it will expand its test that charges members a higher price if they’re engaged in account sharing with people outside their household. The company first began testing the feature in March in Chile, Costa Rica and Peru, but now says it plans to implement the solution in global markets, including the U.S., in around a year’s time.

The streamer clarified it will need to continue to iterate on the feature for roughly a year or so, to make sure it gets the balance right in terms of how much extra to charge subscribers who have shared their Netflix account with other users outside their own household.
 

THE MACHINE

night owl
Joined
May 27, 2012
Messages
26,877
Reputation
6,520
Daps
104,327
Reppin
P.G. County
All they have to do is not allow the whole season to stream at once. They have to string out these seasons - maybe 3eps release a week. It’ll keep subscribers all year. You can get a 9ep season in 15 days as opposed to a 2 day binge. Or release an episode every 2 days that way people can follow the releases or wait until the end to binge the whole thing.
Strange Things
Narcos
Squid Games
Lupin
Witcher
Bridgerton
Ozark

They have enough original content to keep people subscribed if they stretch out the releases. Oh well though. Back to cable
:mjgrin:
 

THE MACHINE

night owl
Joined
May 27, 2012
Messages
26,877
Reputation
6,520
Daps
104,327
Reppin
P.G. County
Will there still be a season 2 of squid game?
It’s been green lit. Not filming as of yet though. No way it’s not renewed. It’s the most watched Netflix season by a long margin.

Squid Game, at 1.65 billion hours viewed in its first 28 days, was more watched than anything else Netflix has released. The No. 2 most popular title, soapy period drama Bridgerton, has less than half the first-month viewership of Squid Game, at 625 million hours watched.
 

Juggalo Fred

Juggalo and horrorcore enthusiast
Supporter
Joined
Sep 15, 2014
Messages
32,708
Reputation
6,402
Daps
92,059
Reppin
Juggalo island
The only shyt that's got a guaranteed a future on Netflix is shyt like Squid Game. More seasons, prequels, spin-offs, merch. The data telling their execs their way forward :francis:

I guess they're working on a prequel for money heist

King of boys could use a prequel
 

JD2019

Rookie
Joined
Sep 14, 2019
Messages
161
Reputation
45
Daps
388
Reppin
Dallas
:martin:hey guys look its more bullshyt:

TechCrunch is part of the Yahoo family of brands

In light of Netflix’s concerning subscriber losses, the company announced today during its first-quarter earnings call that it will expand its test that charges members a higher price if they’re engaged in account sharing with people outside their household. The company first began testing the feature in March in Chile, Costa Rica and Peru, but now says it plans to implement the solution in global markets, including the U.S., in around a year’s time.

The streamer clarified it will need to continue to iterate on the feature for roughly a year or so, to make sure it gets the balance right in terms of how much extra to charge subscribers who have shared their Netflix account with other users outside their own household.
They do this I’m out or telling some family to kick in.
 

CarltonJunior

Veteran
Supporter
Joined
Feb 21, 2014
Messages
47,279
Reputation
5,593
Daps
131,211
Reppin
Duval County
Other streaming services have or are going to follow suit as well. No use in devoting resources into shows that aren't churning in a profit to justify costs.

The problem is you don't know what's churning in a profit until it's out, a lot of these shows get cancelled before the first season has even aired
 

Mr. McDowell

The Brotha's Got His Own Money
Joined
Nov 17, 2016
Messages
1,983
Reputation
380
Daps
6,254
Reppin
Jamaica Estates
Isn’t that essentially what they’ve been trying to do by constantly churning out new content until they find a hit. It’s what all these streaming services are trying to do. That shyt is easier to do on cable and network television with lower costs.

The budgets aren’t necessarily out of control for name talent these days. It’s more so the issue that you’re selling movies as part of a streaming service and not individually as you would if it was in theaters. They’re actually losing out on money instead of recouping costs.

If we’re keeping it 100% honest, Disney laid out the blueprint in how future movie releases should go on those services but people didn’t go for it. Someone is going to try it again eventually.

No. That is not what they've been doing. Giving 70 million to Ryan Reynolds, Dwayne Johnson and Gal Gadot to make a heist movie is the opposite of that. There is no merchandising potential in a film like that. That movie can still be made for 50 million, but that means "names" have to take a haircut.

This is unsustainable. The Simpsons became its own ecosystem of revenue. Same with the Disney Princess series. The Pixar series, CARS, is a perfect example. The movies do meh at best. The merch sells 1000% more.
 

Umoja

Veteran
Joined
Dec 29, 2016
Messages
14,864
Reputation
3,138
Daps
103,191
Someone here mentioned franchise and they're absolutely right.

They really needed someone to establish a core identity for the product and to create a series of cultural significance that they own.

Take Friends as an example. I think they spent 100 million a year to air that series. It is nice, but why not invest that money into creating a sitcom for this generation.

Similar with the Marvel shows. Where are they now? There shouldn't have been anything stopping them from creating the same story but with different characters to get around the copy right laws. They would be in a position to build from the verse created, pivot into selling comics, toys etc.

Everything about their actions show that they're operating in the short term. Even the way they're responding to drop in valuation.

Hiking up the prices, clamping down on account sharing and introducing adverts isn't going to help the situation.

They need to remember that Netflix is not a service people need. It is used because it is convenient. If it stops being convenient, people will stop paying for it.
 
Top