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July 26, 2016 04:00 pm

Slashdot Asks: What's Next For Netflix?

What does the future hold for Netflix? The company first earned a name for itself over a decade ago renting DVDs via mails in an era when Blockbuster used to laugh at the mere idea of DVDs-by-mail. It then moved to offering online streaming service way before most of the companies. As VC and former journalist MG Siegler writes, Netflix was always ahead of the curve. But the market -- and the demand from the market is changing, again. To address that, the on-demand streaming service has over the past three-four years started to invest heavily in getting exclusive rights for movies and TV shows, as well as make its own original content. But this time, Netflix is facing immense competition from its rivals -- and its moves aren't that unpredictable. It's also worth pointing out just recently, the company's decision to hike prices led its stocks to tank. Siegler writes: The streaming content game is now hyper competitive. And even the streaming original content game has gotten extremely competitive. And this means it has gotten extremely expensive. The result has been great for us, the users, as we do seem to be in a golden age of television-like content, even if it's being delivered via streaming "channels" like Netflix. With 54 Emmy nominations this year, second to only HBO, Netflix is seemingly closing in on what they set out to do once again. They've become HBO faster than HBO has been able to become Netflix. Of course, HBO still has the warm blanket of cable operator fees to keep them cozy; Netflix's model has them a bit out in the cold in that regard. So, again, what's next? Is it VR? Something else? Don't tell me it's 4k. Worldwide expansion is huge, but that's really just growing into the last business. What's the next business pivot?What you, Slashdot readers, think Netflix's next move will be? Or do you think the company will soon become just another name in its respective category?

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/-eWA1uuQg1I/slashdot-asks-whats-next-for-netflix

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Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

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