"FANG" becomes "FAG"
From today's Zero Hedge:
Blain: "FANG Becomes FAG" https://zh-prod-1cc738ca-7d3b-4a72-b...?itok=LY4e264- by Tyler Durden Fri, 07/19/2019 - 10:10 Blain's Morning Porridge, submitted by Bill Blain Back in the Real World Netflix shook markets. It was a "Wake up smell the coffee moment. It’s amazing how folk have woken up to the reality: Netflix is struggling. FANG becomes FAG. Which means Netflix’s days as a market disrupter are over. https://zh-prod-1cc738ca-7d3b-4a72-b...2019-07-19.jpg It pioneered streaming as a business, but now is facing competitive pressures it can’t hope to beat with its current model. Its high content spending to capture subscribers appeared to be working in a competition free environment, but today’s reality is subscribers have choice where to go for quality content. Netflix’s library of classics are going back to their owners, and even they admit their current production wasn’t good enough to attract new customers. Which means they have a problem going to the market for more money to spend on more content to attract customers – who are going elsewhere. If that all sounds a bit familiar – go remind yourself what happened to Blockbuster. |
Folks, this post is not about homosexuality. It's about Facebook, Amazon, Netflix, and Google ("FANG"), which are now referred to as "FAG", because Netflix stock is starting to plummet, so it's out of the top tech stocks...:)
|
Re: "FANG" becomes "FAG"
That's a shame - Netflix has produced some great content (Mindhunter is a personal favorite). I guess the people who produced the content would just go elsewhere and continue doing what they do.
|
Originally Posted by Sir Toose (Post 2025302)
That's a shame - Netflix has produced some great content (Mindhunter is a personal favorite). I guess the people who produced the content would just go elsewhere and continue doing what they do.
Now when Disney+ and others muscle into their market, Netflix will have to get real inventive........ business wise. ~Doc |
Originally Posted by GulfportDoc (Post 2025303)
Although it would be interesting to see the ratio of fluff to their good stuff.
Quite a list. The only one worthy of an eye-roll from me so far has been "Dear White People". Haven't gotten near the end of the list though. I wonder if productions are starting to cost as much as buying distribution rights. |
Originally Posted by Sir Toose (Post 2025305)
Made me curious to see what all they've done.
Quite a list. The only one worthy of an eye-roll from me so far has been "Dear White People". Haven't gotten near the end of the list though. I wonder if productions are starting to cost as much as buying distribution rights. I read the title Dear White People, and just assumed it was another reverse-racism porn flick, like so many others littering up the releases from the past several years. They've been milking that cow since 1960. Stoking racial animosity and SJ is big business. Good point about production vs. distribution. Maybe Yoda or one of our industry folks would have a good answer for that. My guess is that production costs are the lion's share of their expenditures. ~Doc |
Re: "FANG" becomes "FAG"
It's OK because I will still love them no matter what. No judgement zone. ;D
|
All times are GMT -3. The time now is 06:27 PM. |
Powered by: vBulletin, Copyright, ©2000 - 2024, Jelsoft Enterprises Ltd.
User Alert System provided by
Advanced User Tagging v3.3.0 (Lite) -
vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Copyright © Movie Forums