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Netflix Says It's More Scared of Fortnite and YouTube Than Disney and Amazon (cnbc.com)
An anonymous reader shares a report: It's not Disney's new streaming video service or HBO or Amazon that Netflix is worried about, the company said this week in its letter to shareholders. Netflix estimates it has already earned about 10 percent of all U.S. television screen time. The company also shared viewership statistics for some of its exclusives, boasting that "Bird Box" netted 80 million viewers in its first four weeks on Netflix, while "You" will get about 40 million over the same period.
Instead, it's newer forms of entertainment -- such as Fortnite and Google's YouTube -- that got shout-outs in the company's letter as stronger competitors. "Our focus is not on Disney+, Amazon or others, but on how we can improve our experience for others," Netflix said in its shareholder letter. "We compete with (and lose to) Fortnite more than HBO. When YouTube went down globally for a few minutes in October, our viewing and signups spiked for that time." Further reading: Netflix's Biggest Competition Isn't Sleep -- It's YouTube.
Instead, it's newer forms of entertainment -- such as Fortnite and Google's YouTube -- that got shout-outs in the company's letter as stronger competitors. "Our focus is not on Disney+, Amazon or others, but on how we can improve our experience for others," Netflix said in its shareholder letter. "We compete with (and lose to) Fortnite more than HBO. When YouTube went down globally for a few minutes in October, our viewing and signups spiked for that time." Further reading: Netflix's Biggest Competition Isn't Sleep -- It's YouTube.
NFLX, thanks for encoutaging by constant price hikes.
Netflix per month is still cheaper than a single movie in most theaters.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
I know Netflix was talking in the abstract about competition for time, but it led to a thought...
You know what would be a really interesting deal, is for Netflix to be able to be played INSIDE Fortnight. Like you could literally have a wall material or a tag that was a Netflix stream of your favorite show, or moment in show...
Video tagging could be used to taught others just like the dances and tags now do, even better it could be used to distract the unwary.
Or you could simply wait out some dead stretches of time in-game enjoying a bit of some show you wanted to see.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Why does it have to break the bank for it to make sense? An extra $2 is past the threshold where it is worth it to this person.
Yes but on the face of it, that seems like a strange threshold - as I said you can get, if you will, one "unit" of entertainment from a theater for maybe $16-$20.
So for less than that you get as much video as you want to watch for a whole month from Netflix. The slight change in price seems meaningless compared to value, compared to almost any other form of entertainment. It's also way less than the internet bill alone would be for most people.
Thus to me, the line seems kind of strange, especially that small an increase. Doubling the price, there I could see per year maybe that starts to be too much, even though it's still providing a lot of value. But it's nothing like that.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
By the end of 2019 nobody will even be talking about that flash-in-the-pan stuff anymore.
Bird Box battle royale.
FortniteOS could provide an API for application developers to plug in to. Maybe the environment would end up being like Ready Player One.
That seems like a really good point. When you read or watch Ready Player One you automatically end up thinking of someone like Microsoft or Apple or Google, maybe even Sony being the company that creates that world (Sony tried hard with Sony Home).
But really who else has figured out better than the Fortnite people how to craft a world that people enjoy spending a LOT Of time in, not even necessarily playing the main game? If we do see something like the Ready Player One world, it probably will evolve from some game like Fortnite where people would welcome a reason to spend even more time there.
Fortnite is already taking steps that way with things like the playground... it's obvious now they themselves think of it more as a platform than a single kind of game. And they are probably right to do so. Even though I absolutely suck in terms of winning Fortnite matches I still enjoy poking around in the game world from time to time.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Bird Box battle royale.
Fortnite likes to do events, would it not be awesome if they *did* in fact do a Bird Box session?
The idea would be you would have the ability to wear or remove a blindfold. You could at any time take the blindfold off but doing so for even a moment would yield a very high chance some kind of alien thing would spawn that only you could see and would be virtually impossible to kill...
For those running blind, you would be able to of course hear everything going on around you, and it would let you "feel" walls by showing line sketch outlines of structures or tress (or players!) you came in direct contact with.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
With net neutrality dead in US, Netflix needs to make deals with ISPs to not count Netflix traffic towards usage caps. My family of four are just squeaking by the monthly Comcast caps. Kids this days have Netflix (4K HDR) on in the background while they're on their phones and computers.
And then pop into a YouTube video designed for fortnite, I suppose. No thank you. I think fortnite is great but people do too many mods and it is not worth the hassle until it is completely cleaned up
Outdoor activities
Sports stadiums
Sex
all video games
the real world.....
Yep, people do other things too.
Now if you say it's a book it's cheaper in general (usually) and would provide more entertainment (between 2 and 7 days).
I'm not going to cast shade on anyone's reading speed but I'm getting at most seven hours out of a book, and that's for a longer book...
That's still pretty good, but even though books can be cheaper than a month of Netflix (new ones are just barely cheaper than that at $10 even for a Kindle version, looking at you Three Body Problem), Netflix is still technically a better "value".
I say technically though because I am pretty sure I enjoy reading most good books more than I enjoy watching video. So video to me is a secondary form of entertainment on top of books.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Except the movie in the theater is the entertainment "unit" you actually wanted to see. On Netflix you always have to settle for your second or third choice movie
The thing for me is, these days lots of stuff on Netflix are things I want to see way more than I want to see any movie coming to a theater. I am talking about across the whole of Netflix, not just movies...
I am for example looking forward to the next season of Stranger Things way more than I care about any movie coming out this year. And when it arrives there is more there to enjoy than any movie.
Even just considering Marvel stuff I enjoyed the Netflix Marvel shows as a whole way more than all of the Marvel movies put together. What a shame they are pretty much all cancelled because of the deal between Disney and Netflix fading out.
And on top of that any movie I care to see, I can get from Netflix on disc anyway. So it's the whole package where the theater is just a small part, and at this point never the appealing choice. If Star Wars movies streamed the same day of general movie release I'd probably never go to a theater again. Even Incredibles 2 was not enough to drag me into a theater, I waited to rent it.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Isn't Fortnight free to play?
So to compete with that, Netflix is increasing subscription fees?
Last year Second Life had around 600k users.
But Fortnite has over 78 MILLION players (that's from late last year, more now).
What I am talking about is just from observation while playing the game, and knowing how much others play the game - and how they play.
If you think some aspect of what I am saying is incorrect, but there are tens of millions of people nodding their heads...
Seriously, spend some time in Fortnite on Squad mode and talk to the people playing there. Or just watch others play after dying in single player, sometimes they are trying to win but a lot of casual people are doing things for fun. There are countless videos of people building huge structures, or doing shopping cart rides, or stunts with the golf carts, all kinds of stuff that is just enjoying the fun of being there.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
"It isn't false just because you disagree with it." - True, it's false because fact-checkers prove it's false, repeatedly, over and over, and you're a lying faggot too now for pretending they didn't, Bill.
- The fact-checks behind 'The Daily Show's' 50 Fox news 'lies'
By Lauren Carroll, Aaron Sharockman on Thursday, February 26th, 2015 at 3:00 p.m.
The Daily Show posted a Vine Wednesday titled, "50 Fox News lies in 6 seconds."
We’ve fact-checked almost all of the statements they cited. For the record, we originally counted 49 claims, not 50. The Daily Show said No. 50 was left off due to a technical error. They've updated their Vine, which we've included here.
* * *
1. "In July 2010 the government said small businesses -- 60 percent -- will lose their health care, 45 percent of big business and a large percentage of individual health." Sean Hannity, Nov. 11, 2013 False
* * *
2. "And President Obama has offered to pay out of his own pocket for the museum of Muslim culture out of his own pocket, yet it's the Republican National Committee who's paying for this." Anna Kooiman, Oct. 5, 2013 https://bit.ly/2W1wHzv
* * *
3. Labor union president Andy Stern is "the most frequent visitor" at the White House. Glenn Beck, Dec. 3, 2009 False
* * *
4. "Far more children died last year drowning in their bathtubs than were killed accidentally by guns." Tucker Carlson, Aug. 9, 2014 Pants on Fire
* * *
5. White House Political Director Patrick Gaspard once served as the "right-hand man" for Bertha Lewis, who heads up ACORN. Steve Doocy, Sept. 29, 2009 False
* * *
6. "Look at the debt that has been accumulated in the last two years. It's more debt under this president than all those other presidents combined."
Sarah Palin, May 31, 2011 False
* * *
7. "There is no good data showing secondhand smoke kills people." John Stossel, Dec. 4, 2014 False
* * *
8. "Democrats are poised now to cause this largest tax increase in U.S. history." Sarah Palin, Aug. 1, 2010 Pants on Fire
* * *
9. "The insurance industry is actually run by mostly Democrats." Dana Perino, Oct. 31, 2013 False
* * *
10. The Obama administration "manipulated deportation data to make it appear that the Border Patrol was deporting more illegal immigrants than the Bush administration." Lou Dobbs, July 1, 2014 False
* * *
11. Some doctors say Ebola can be transmitted through the air by "a sneeze or some cough." George Will, Oct. 19, 2014 False
* * *
12. Says the Texas State Board of Education is considering eliminating references to Christmas and the Constitution in textbooks. Gretchen Carlson, March 10, 2010 Pants on Fire
* * *
13. Because of President Barack Obama’s failure to "push job creation," the black unemployment rate in Ferguson, Mo., is three times higher than the white unemployment rate. Lou Dobbs, Aug. 19, 2014 False
* * *
14. When White House communications director Anita Dunn said that Mao Tse-tung was "one of her favorite philosophers, only Fox News picked that up."
Bill O’Reilly, Oct. 23, 2009 False
* * *
15. "The president of the United States will be taking a trip over to India that is expected to cost the taxpayers $200 million a day." Michele Bachmann, Nov. 3, 2010 False (Note: Bachmann’s claim was made on CNN, not Fox News but Glenn Beck made a similar claim on Fox)
* * *
16. "We researched to find out if anybody on Fox News had ever said you're going to jail if you don't buy health insurance. Nobody's ever said it." Bill O’Reilly, Oct. 27, 2010 Pants on Fire
* * *
17. "If you make more than $250,000 a year you only really take home about $125,000." Steve Doocy, July 11, 2012 False
* * *
18. A Census Bureau worker says he was told to skew information to bring the unemployment rate down "as we headed into an election season." Elisabeth Hasselbeck, Nov. 19, 2013 False
* * *
19. "Health care mandate will require imprisonment and fines for Americans who can’t afford to purchase insurance or pa
I'm perpetually astounded by the number of TV shows, movies, series, games, etc. out there. I can't even keep up with what's out there, but I know that some people do. Entertainment used to be something people did when they had a few minutes between working and regular household activities. For many people, consuming entertainment seems to be their primary activity, and everything else they do, revolves around that. Holy shit, that's boring as fuck.
I don't respond to AC's.
Don't you pretend to be an adult on this site sometimes, child? Cartoons and video games seem to be your life.
NOBODY.
If you want to compare all of them, you need a new metric: Hours per person per year. Take the total number of hours by all persons spent watching movies or TV shows or playing Fortnite or spent on YouTube in a year, divide it by the population. That gives you the average number of hours each person spends on each form of entertainment. Then you can compare all of these against each other. (Technically you don't have to divide by the population. But doing so results in a figure which is easier for an individual to relate to. e.g. "Oh wow, I spend 3x as much time playing Fortnite as the average American.")
is it makes folks think about a recurring charge they might have forgotten about. I'm probably going to cancel my DVD plan as I barely use it and it's going up to $16/mo, but I'd more or less forgotten it because it was really there for the rest of my family. I checked, they're not using it either, so away it goes, but what prompted me to check it was the last price hike.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
A) Second life never releases player numbers, what is your source?
B) The only verifiable info we have shows less than 600k players per day (scroll down about midway to view charts).
C) Even if your made up bullshit number were real, still as I said means that Fortnite is bigger than Second Life ever was.
Fortnite will be a shell of its current self in 1-2 years like WOW or anything else.
Why do you think that? I can't see it going into decline anytime soon. What's going to replace it, something from EA HAH AHAHAHAHAHAHAHAHAHHAAH.
What you and other companies furiously churning out Battle Royale clones do not realize is that Battle Royale itself is why people play Fortnite. You do not understand the world they have created.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
I agree that is a reason why it may cause some subscribers to leave, but that is not the reason the original poster was saying they are leaving.
I would hope though that most recurring subscription services would be more keen to remind you that you have the service so you'll make use of it, than fear that reminding you means you will cancel... for any legit service reminders probably drive engagement much more than they drive cancellations.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
I get why they are not worried about Disney, I'm not subscribing to Disney's service just to see their movies and Amazon's Prime Video, from what I have seen of it is mostly a pile of junk with handful of notable exceptions. Fortnight I'm not really interested in but many other people are so I can see how they would be a valid concern.
I have to wonder if Netflix is focusing too much capital on original productions? Those titles due provide a exclusive that might attract subscribers. But the investment might not pay off if you have too many expensive duds that attract few new subs. As Netflix has realized the costs may outweigh the benefits and raising rates to pay for the content might backfire. With Disney leaving for their own service, and possibly others also considering other options. Maybe Netflix is simply feeling the pinch in third party content. I know as a subscriber, I've seen quality of content diminish as Netflix increased its original content.
They don't run ads on the show, so what good are all those eyeballs?
Telling your parents you're gay.
Chewbacon
The Bible is like Wikipedia: written by a bunch of people and verifiable by questionable sources.
Hint: Secondlife has had this capability for 10+ years. Since the Indirect Framebuffer rendering in OpenGL 2.1 at least.
You could use ffmpeg or similar to decode a video stream, place it into a texture, then print that texture onto flat geometry in the game world.
Nowadays I imagine you could do it mapped over any geometry you like with a minimal performance hit per object. However the gpu horsepower to do dozens of streams of that while also rendering the game at 60fps may be more problematic.
Approaches Netflix, puts his hand on its head... It's afraid .... turns around ... IT'S AFRAID!
I've shifted to YouTube and would cancel Netflix if my wife would let me.
Going to the movies is like subscription without subscription to 50 movies. You always pay per view for a selection of 50 movies. Regardless of the price, there are pros and cons:
Pros: enthusiastic audience, large immersive screen, excellent surround sound, excellently tasting junk food, absence of distractions dictated by anthropomorphized authority figures from giant screen.
Cons: enthusiastic audience, logistics burden, peer pressure to eat junk food, inability to discreetly check where else you have seen that bold actor
It is very very expensive form of entertainment compared to cable television or internet streaming. The only more expensive form of entertainment is gaming.
Obviously, it will exist, because Broadway and community theater still exists, and $2000 dollars to three tenors (yes, I lived under the rock for 20 years). Different people will go there.
Very few people from the Internet entertainment crowd will go to the movies and all the movie goers will have Internet entertainment at home as well.
I do not believe in karma. "Funny"=-6. Do good and forbid evil. Yours, Oft-Offtopic Flamebaiting Troll.
I find myself watch things on YouTube more and more these days. There are tons of videos on all kinds of topics, including some of my hobbies. Much of it in easily consumable 10-15 minute clips. And it's free.
Hollywood productions and increasingly Netflix ones, are just full of political slant and anti-Trump stuff. Frankly, I'm getting a bit sick of it. I just want to be entertained, not lectured.
About a year ago I cancelled my Netflix subscription, which I'd held for almost 10 years. I joined YouTube Red.
Why?
Because they started blocking app installs on devices that failed SafetyNet. Since I roll my own ROMs, I can't pass SafetyNet.
Perhaps as they feel the increased pressure, they'll stop firing their long-term customers.
A government is a body of people notably ungoverned - AC
The company has run on a lucky fluke, being top of streaming when no one else was around, but now competent competition is emerging and they are worrying about markets they aren't even in or have plans to enter. It was nice knowing you Netflix.
In the end, Netflix will have only one movie--in a thousand categories.
https://www.youtube.com/c/BrendaEM
Well heres an idea then, Netfix could create a user uploaded video service to compete directly with Goobertube.