TheGodling
Los Ingobernables de Sala de Cine
Pretty much. I think their biggest mistake was mobile only which makes zero sense when most people still prefer to watch things on TV if they can. Smartphone watching is something you do while traveling to/from work or school, not how you spent your evening in your living room. And that's still when most people watch series and shows. Not having an app for your TV or desktop severely limited usage and thus potential of the app.Meh. Everyone can be an armchair QB when something fails. They swung, they missed, it happens
I’m sure if Tik Tok was a failure people would be saying “lol make an app for short videos after Vine died and Instagram took over that market brehs “
Another problem they had is introducing an entirely new platform with original untested content in a marketplace that everybody knew was about to be overrun with streaming apps from big name companies with tons of established in-house content.
When Netflix launched they had the advantage of being the only player in a new market so they could build their brand's service through licensing of shows and films before expanding into original content. And because they were so clearly growing and dominating the market Netflix could afford racking up tons of debt since their business model was so strong.
Quibi tried to force itself directly into the marketplace top spots with big money but without any customer base or brand recognition/loyalty. They figured all the A-list names would help their brand loyalty but it doesn't work like that. They might have a Spielberg project or whatever but if Quibi fails the people know they will just get some new Spielberg from something else. They don't need Quibi for it.
Anyway, someone is definitely going to come along and refine this concept into an app that succeeds. Put the app on smart tv's and desktops as well, focus efforts on young content creators (eg. upcoming talents, new visions, etc.) whose projects you can get for cheap. Promote the platform as a lookout for TV's newest creative talents and give these creators a title linked to your platform (like how everyone associates the word "influencer" with Instagram and now to a lesser extent TikTok). Broaden the scope but focus the niche and keep running costs low until you have properly assessed your position in the marketplace.
You might net end up being Netflix or Prime but you might just become like Hulu. Most people won't give a shyt you exist but you still hold a solid spot in the market.
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