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1525 points saeedesmaili | 1 comments | | HN request time: 0.242s | source
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furyg3 ◴[] No.43652977[source]
The TikTok-ification of advertising supported platforms is terrible, but makes sense to me. LinkedIn pivoted from making money on subscriptions and fees for job postings to ads, which mean the leading drivers are 'engagement' e.g. time you spend doom scrolling on their platform. This will end in disaster for the platform as a place to find jobs or employees.

Netflix I understand much less. They make money from subscriptions. If you perceive having a fantastic experience on the site by just going there, finding something you enjoy watching, and leaving... they win. Why they would foster a doom-scrolling experience I really can't really explain, other than imagining some dark pattern like they have to pay per view and want you to watch C grade movies? More time spent looking for something to watch means less time streaming?

I don't get it.

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lotsofpulp ◴[] No.43653013[source]
Netflix is winning, see net income trends:

https://www.macrotrends.net/stocks/charts/NFLX/netflix/net-i...

Maybe it is winning despite what Netflix leaders are choosing to do, and maybe their choices will cause them to falter soon. And maybe Netflix could be doing better than they are. But it is always easier to pontificate than execute.

I don’t buy Netflix solely because they don’t integrate with the search in the iOS/macOS TV app.

Unfortunately, based on media trends before streaming and Netflix was a thing, lots of people like C grade productions. If you recall, “reality” TV shows were taking over in the 2000s. People like the Tiktok-ificiation (or otherwise lowering of quality).

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krige ◴[] No.43653087[source]
Netflix was changing a lot to drain more money out of users recently, which is why income rose recently. What I'd like to see is active / recurring users instead.
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soco ◴[] No.43653135[source]
It's important to look at the competition as well for this. I think we can all agree that streaming is here to stay. But how are the others faring here? In a more and more fragmented landscape, Netflix still has the fattest offering. Also the quality of the service (aka, search, languages offered, subtitles, trailers, stream quality, own productions...) is way better than say Prime or Disney+. So why shouldn't they be leading the stats? Even if you think they suck, compared to the rest of the pack they suck the least.
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1. hedora ◴[] No.43654349[source]
#2 is youtube. #3 (BitTorrent) saw 40% 6-month growth in 2024 (the same year Netflix had 60% YoY growth):

https://torrentfreak.com/bittorrent-traffic-increases-40-in-...