Slashdot Mirror
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.
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
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
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
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.
Awww, you went through all that trouble to peck that masterpiece out and then you went and copy&pasted it to the wrong article. What a disappointment.