Well, I can't believe I'm talking about this. This shouldn't have to be a topic I riff on, especially with everything going on in the world right now. We have the Democratic Debate, the resignation of the governor of Puerto Rico, even more outbursts of racism from Donald Trump, and a whole number of other news stories from around the globe. I promise that I will get to the topic of Democratic Debates soon, but first let me just deal with this.
Some of you may or may not have seen those posts going around on Instagram of some one messaging Netflix and requesting a certain show to either not leave the platform or to be streamed on the platform. And in each post, Netflix promises to do what is asked if the post can reach 500,000 likes! Wow! Only 500,000 likes and Netflix will do their bidding!
As of the second quarter of 2019, Netflix had somewhere around 151 MILLION paying streaming subscribers worldwide. But hey, 500,000 people on a random person's insta post most be more important! But let's really think about this. Netflix doesn't just get to choose what goes on the streaming platform. It's not like they just point and choose at shows and movies and decide to stream them for a while. Netflix, due to its status as a company, deals with these things called contracts. Now although this should be obvious, I'll go through this anyway. Contracts are how Netflix indirectly makes money, something a company really needs. We as consumers pay a fee for a streaming subscription. Netflix in turns pays for licensing fees and other contract costs to stream TV shows and movies they feel people will continue subscribing to watch. The same goes for when they spend money making original movies and shows, such as "Bright" or "Orange is the New Black".
Netflix will drop a TV show or movie for one of two reasons. It either simply isn't worth the money, meaning the money it is bringing in is too low to justify continuing to pay for it. The other reason is if the contract times out and Netflix can't or won't renew it.
This brings me to my current problem actually, with a specific post I have seen a lot lately. A post where Netflix says that they will keep "The Office" on Netflix if the post can garner 500,000 likes. But folks, the post can get more likes than Netflix has paying subscribers, and it won't matter! This is part of the contract that NBC had with Netflix, where after a certain period, the contract is finished. Normally Netflix could just essentially pay and renew it, but there is a snag. Like many other companies, NBC is launching it's own streaming service. This one is called NBC Universal and it will feature "The Office", which is of course a NBC show. NBC has said this will last for 5 years and they will be Netflix for the rights back. So why would Netflix ever break this deal? They wouldn't! It's fake you fools.
Some of you may or may not have seen those posts going around on Instagram of some one messaging Netflix and requesting a certain show to either not leave the platform or to be streamed on the platform. And in each post, Netflix promises to do what is asked if the post can reach 500,000 likes! Wow! Only 500,000 likes and Netflix will do their bidding!
As of the second quarter of 2019, Netflix had somewhere around 151 MILLION paying streaming subscribers worldwide. But hey, 500,000 people on a random person's insta post most be more important! But let's really think about this. Netflix doesn't just get to choose what goes on the streaming platform. It's not like they just point and choose at shows and movies and decide to stream them for a while. Netflix, due to its status as a company, deals with these things called contracts. Now although this should be obvious, I'll go through this anyway. Contracts are how Netflix indirectly makes money, something a company really needs. We as consumers pay a fee for a streaming subscription. Netflix in turns pays for licensing fees and other contract costs to stream TV shows and movies they feel people will continue subscribing to watch. The same goes for when they spend money making original movies and shows, such as "Bright" or "Orange is the New Black".
Netflix will drop a TV show or movie for one of two reasons. It either simply isn't worth the money, meaning the money it is bringing in is too low to justify continuing to pay for it. The other reason is if the contract times out and Netflix can't or won't renew it.
This brings me to my current problem actually, with a specific post I have seen a lot lately. A post where Netflix says that they will keep "The Office" on Netflix if the post can garner 500,000 likes. But folks, the post can get more likes than Netflix has paying subscribers, and it won't matter! This is part of the contract that NBC had with Netflix, where after a certain period, the contract is finished. Normally Netflix could just essentially pay and renew it, but there is a snag. Like many other companies, NBC is launching it's own streaming service. This one is called NBC Universal and it will feature "The Office", which is of course a NBC show. NBC has said this will last for 5 years and they will be Netflix for the rights back. So why would Netflix ever break this deal? They wouldn't! It's fake you fools.
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