Is the streaming market going down?  You need to sign up for so much stuff now ranging from hulu to Disney+ lol

(April 30, 2022, 10:01 PM)mitoman101 Wrote: Is the streaming market going down?  You need to sign up for so much stuff now ranging from hulu to Disney+ lol

Netflix forecasts revenues which were based on the Covid-era peak - expecting to continue to grow at those rates forever.

There's more competition and Covid times were a one-off with everyone needing entertainments etc, so was really bad forecasting.

Paying the price now

(April 30, 2022, 10:16 PM)Surfer_Nii Wrote:

(April 30, 2022, 10:01 PM)mitoman101 Wrote: Is the streaming market going down?  You need to sign up for so much stuff now ranging from hulu to Disney+ lol

Netflix forecasts revenues which were based on the Covid-era peak - expecting to continue to grow at those rates forever.

There's more competition and Covid times were a one-off with everyone needing entertainments etc, so was really bad forecasting.

Paying the price now

Great point. Netflix's growth rate is its slowest in a decade, and with its line of new offerings lacking in wow factor + increased competition = rapid growth period over IMO.

I understand the COVID effect but Let's face it the overall quality of cinema (Hollywood & Netflix) has been going downhill for some time, new films nowadays are all following The New Standard (multi colored/multi racial cast, family safe language, non binary characters) established by the ruling Liberal elites. Forced chemistry is the common demoninator in many of these movie flops. It's increasingly difficult not to notice this because it's everywhere now, not just movies. Commercials, TV Shows, news paper ads, magazine ads.. the interracial couple has become the star of the show across all mediums of entertainment. It's completely unrealistic and it's such a cheap lazy way to sell products. People simply can't enjoy any of these movies because one after another they all seem to incorporate the same cocktail of political correctness and pandering. It's a crisis of QUALITY CONTROL NOT SUBSCRIBERS.

Trash company, I lost great amount of money on them!!!

(April 30, 2022, 10:01 PM)mitoman101 Wrote: Is the streaming market going down?  You need to sign up for so much stuff now ranging from hulu to Disney+ lol

Pirating is the way.

(May 1, 2022, 02:37 PM)FatAngryPanda Wrote:

(April 30, 2022, 10:16 PM)Surfer_Nii Wrote:

(April 30, 2022, 10:01 PM)mitoman101 Wrote: Is the streaming market going down?  You need to sign up for so much stuff now ranging from hulu to Disney+ lol

Netflix forecasts revenues which were based on the Covid-era peak - expecting to continue to grow at those rates forever.

There's more competition and Covid times were a one-off with everyone needing entertainments etc, so was really bad forecasting.

Paying the price now

Great point. Netflix's growth rate is its slowest in a decade, and with its line of new offerings lacking in wow factor + increased competition = rapid growth period over IMO.

Yeah, I think I read that they put future forecasts in based on their growth rates in first 2 quarters of 2020 - why the shareholders would accepot those forecasts is beyond me - it feels a bit like the lead up to 2008 - or is that just me?

The great streaming media is also depressed

(May 3, 2022, 09:27 PM)LooselyCracked Wrote:

(May 1, 2022, 02:37 PM)FatAngryPanda Wrote:

(April 30, 2022, 10:16 PM)Surfer_Nii Wrote:

(April 30, 2022, 10:01 PM)mitoman101 Wrote: Is the streaming market going down?  You need to sign up for so much stuff now ranging from hulu to Disney+ lol

Netflix forecasts revenues which were based on the Covid-era peak - expecting to continue to grow at those rates forever.

There's more competition and Covid times were a one-off with everyone needing entertainments etc, so was really bad forecasting.

Paying the price now

Great point. Netflix's growth rate is its slowest in a decade, and with its line of new offerings lacking in wow factor + increased competition = rapid growth period over IMO.

Yeah, I think I read that they put future forecasts in based on their growth rates in first 2 quarters of 2020 - why the shareholders would accepot those forecasts is beyond me - it feels a bit like the lead up to 2008 - or is that just me?

Hmmmm... 2008 again? I hope not but some things are starting to point that way :-(

(May 3, 2022, 09:27 PM)LooselyCracked Wrote:

(May 1, 2022, 02:37 PM)FatAngryPanda Wrote:

(April 30, 2022, 10:16 PM)Surfer_Nii Wrote:

(April 30, 2022, 10:01 PM)mitoman101 Wrote: Is the streaming market going down?  You need to sign up for so much stuff now ranging from hulu to Disney+ lol

Netflix forecasts revenues which were based on the Covid-era peak - expecting to continue to grow at those rates forever.

There's more competition and Covid times were a one-off with everyone needing entertainments etc, so was really bad forecasting.

Paying the price now

Great point. Netflix's growth rate is its slowest in a decade, and with its line of new offerings lacking in wow factor + increased competition = rapid growth period over IMO.

Yeah, I think I read that they put future forecasts in based on their growth rates in first 2 quarters of 2020 - why the shareholders would accepot those forecasts is beyond me - it feels a bit like the lead up to 2008 - or is that just me?

Not sure we're in 2008 territory yet but post-covid's non-recovery period+Putin's excursion in Ukraine+China's economy slowing down significantly (with all the zero-covid shit) = shit's hitting the fan, no doubt.
Also expecting notable food shortages in the underdeveloped world as Russia and Ukraine are major exporters of grain, etc.