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Netflix CEO Comments On Recent Decisions
ExE122 writes "Netflix CEO Reed Hastings makes several comments about mistakes that were made over the past year. Hastings claimed, 'We moved too fast with it', [trying to exit the DVD-by-mail business] and explains that he still thinks Internet video will dominate in the coming years. From the article: 'Hastings also faced tough questions about last month's double-bomb disclosure: Netflix now expects to lose money for all of 2012, and it is looking to raise cash in a secondary offering of its stock.'"
Surely Netflix is in a position to understand that video streaming as a market has been crippled by the MPAA. Physical media will not be killed by streaming because people cannot do the sort of things they do with discs when they using streaming services. I know quite a few people who lend DVDs to their friends and family members, including DVDs from Netflix. People still do not always have Internet access, or if they are away from home Internet service may be very expensive -- but it is easy to use a portable DVD player (I may not be up to date on this, but as far as I know one cannot simply download video from Netflix and watch it on a laptop). Connecting a computer to a TV is still a pain and it still is not widely done; people generally do not want to watch movies on a smaller computer monitor when a larger TV screen is available.
When the MPAA stops making life hell for people who want to use their PCs to watch popular movies, killing DVD rental services will be more feasible.
Palm trees and 8
7.1 is a joke.
even pros can't align that many speakers in your typical small (not theater sized) room.
but as long as you bought into the MARKETING that more channels == better sound, hey, have fun.
just giving you a hint: less is more when it comes to audio. 2 plus a sub gives audio AND movies all it needs.
at home, you just don't need speakers coming out of every direction. that's the bose effect. you think that's good? interesting how you are affected by salesman (everyone who bought into multichannel at home was sold by some salesguy in person or online.)
just a pet peeve of mine. as a sound guy, I just shudder to think of all the cancellations and reflections that happen with even 5.1, let alone 7.x in a home sized room. my gawd! but again, some people LIKE the bose 'spray sound everywhere' effect.
its is NOT hifi, though. at least admit that much. its loud and coming from everywhere but its not hifi. too many reflections ruin the subtle high-end dacs you guys also insist on running (DTS and higher bit rate dolby, lol!)
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"It is now safe to switch off your computer."
Blockbuster's site sucks compared to Netflix, and their disc mailing schedule is slower, but for me to put some pain in Netflix's wallet it has been worth it to me.
Giving money to Blockbuster won't pressure Netflix to improve streaming, Netflix already wanted that; it's every single movie producer that doesn't want it. And I presume both services have access to the same DVDs. So what are you accomplishing?
Starz was Netflix' biggest contract, and during renewal talks Netflix offered them ten times as much money to renew the deal. Starz still said no - not unless Netflix would make a special 'Starz' plan that cost more.
Big Content won't give Netflix a simple, reasonable streaming contracts because that's 'not the model'; they give Netflix the very last dregs of the market for a film, and when it looks like anyone might possibly be waiting for a film on Netflix rather than watching it somewhere else they stop giving Netflix streaming rights - and even try to fuck with their acquisition of DVDs.
It's content producers' obsession with gouging the shit out of every distribution channel and their delusional attempts to make internet video behave like premium cable services that keeps streaming shitty, not Netflix' management.
You hate Blockbuster, but you'll use it to punish Netflix. How about you show some contempt for the assholes holding the cards and pulling the strings rather than despising the companies that are trying to give you a cheap, convenient option for video?