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Netflix's Worst Nightmare Has Come True (archive.fo)

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[–] [deleted] • 1 pt

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I honestly think the subscription-based streaming service business is gonna eventually eat itself and no longer become a viable source of revenue for studios. The biggest promise made by cutting the cord for Netflix was that the bills were not gonna be as expensive as that of cable TV. And if we have so many competitors offering a subscription-based streaming service with content "exclusive" to their library, people are gonna have a difficult time choosing services. Especially because they won't be able to simply purchase a copy of certain content from the service's library for a one-time fee and keep it forever like they could a DVD or VHS.

I think the business model that is gonna end up prevailing on the internet for a long time is one-time purchases of certain shows, movies, or other content. At least with that, the customer has the choice to buy it and keep it forever (unless you buy it on Amazon Prime lol) unlike with streaming services, where the content in their library could be pulled from you at any time and you lose the ability to view such content after your subscription's expired.

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