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Netflix Has A Bad Start To 2016

Posted by Paddy on July 20, 2016 in My Two Bobs Worth |

netflixApparently Netflix has had a stock market fall.  This fall seems to be being attributed to it’s price rise.  I am not sure that is the case.

Netflix has been moving away from outside programing (older TV shows in particular) and moving towards expensive in house Netflix produced shows such as The Ranch and Orange Is The New Black.

I feel there is plenty of room for these in house shows, but I also feel that people who switch want to see their old favorites.  I mean after all, if people were comfortable with “the new” there would be no market for classic rock!

I personally love Netflix and watch a lot of it and feel the small price rise is well worth it, but taking away what bought people to Netflix in the first place is a curious move on their part.

Apart from losing subscribers, Netflix is also ushering them into other similar subscription services of which there are many, which may still have the old favorite shows on them.

If Netflix want to beat out the competition perhaps they need to restore a little more weight in favor of the older shows.

Just my two bobs worth.

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