Anon got it backwards, networks noticed how profitable Netflix was and bumped the price for Netflix to stream their stuff. Netflix responded by producing their own content rather than leasing others’ at exorbitant rates. Then Netflix later got greedy and bumped their prices, lowered their quality, and cancelled all of their good shows.
I think it’s a bit of both. Netflix knew that companies choosing to pull their content would be a threat, so they prematurely started producing content (famously starting with House of Cards and Orange is the New Black). Whether because they saw this as a threat or because of the perceived greater profitability of their own platforms (probably a bit of both), other studios started pulling their content from Netflix and setting up their own streaming sites.
And naturally, other companies pulling their content accelerated Netflix’s desire to produce their own content to ensure they weren’t left in the lurch.
Yall are overcomplicating things. Let me simplify.
Capitalist corporations + infinite greed = cannibalism
It’s remarkable how people can see right past what was actually happening and only see what they want to see. Netflix was never trying to be the good guy. Netflix didn’t offer low prices out of the goodness of it’s hearts. It doesn’t have a heart, it has a ledger. The reason why Netflix offered a lot of content for a low price is because the company was trying to disrupt traditional cable. It was always the plan to increase prices, Netflix didn’t become greedy, it always was. It’s just that for a time the companies greed aligned with the publics greed. Once that relationship was no longer beneficial to Netflix it raised the prices, that was the plan all along.
Yeah I consulted for the cable industry around the time that everyone was just starting to try to build their own services to compete with Netflix. It wasn’t a secret that production companies would be pulling their content. There were licensing agreements signed that had expiration dates.
So it was more like a race on both ends. Production companies were like “we get exclusive streaming rights to our movies back in X months, so we need to have our own platform up and running.” And Netflix was like “we lose streaming rights to these movies in X months, we need to make some content to replace it with.”
Unpopular opinion, but I wasn’t a fan. Was it a bad show? No! Did I enjoy it? Sometimes. How it developed the cult following that it has, I can’t quite piece together. Fantastic voice acting and sound design can only pull so much weight!
Fantastic acting and production quality can elevate any media but especially TV shows. Look at Shrinking for a prime example. It has the production quality of Dispatches From Elsewhere but it’s essentially a three camera sitcom like Modern Family or hell All in the Family. And it’s KILLING right now.
People like the humor of Inside Job and the fantastic quality made it so much better.
