Netflix keeps on spending.
https://www.bloomberg.com/news/arti...outdo-theaters-with-films-a-studio-would-envy
https://www.bloomberg.com/news/arti...outdo-theaters-with-films-a-studio-would-envy
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The movie goers are already paying it for the right to see a new release on its opening night/week/month. A family of four going to a "Beauty and the Beast" is $50-$70 in the hole once it purchases the tickets and the popcorn. The alternative is to stay home and watch the same movie on their home entertainment system without having to dress up, fight traffic, look for a parking spot, suffer from some obnoxious patrons other than themselves, etc. The Bel Air Circuit is an identical idea, albeit highly limited to those on the inside or in the know.^ Interesting, but in a world where almost all viewers are already paying Netflix and HBO, convincing them to pay $30/movie is an uphill battle...
Mercedes, BMW, Lear, and other companies that cater to few-but-expensive are still doing just fine.Lots-of-users-at-cheap-prices seems to be beating just-a-few-but-expensive. As it does almost always.
Mercedes, BMW, Lear, and other companies that cater to few-but-expensive are still doing just fine.
What I found over my many years in the video business is that having lots of customers at cheap prices was a living hell. Nobody is worse to deal with than the cheap customer. I raised my prices, and started doing fewer projects at higher budgets, and everyone -- and I do mean everyone -- was happier. I was happier, my crew and cast were paid higher and worked on higher-quality productions, the clients were happier.
So I'll agree with you that lots of customers at cheap prices is a viable business model for some things. But to say that it always or almost always beats the "few customers at high prices" model, no, I don't agree with that by any stretch.
The movie goers are already paying it for the right to see a new release on its opening night/week/month. A family of four going to a "Beauty and the Beast" is $50-$70 in the hole once it purchases the tickets and the popcorn. The alternative is to stay home and watch the same movie on their home entertainment system without having to dress up, fight traffic, look for a parking spot, suffer from some obnoxious patrons other than themselves, etc. The Bel Air Circuit is an identical idea, albeit highly limited to those on the inside or in the know.
https://en.wikipedia.org/wiki/Bel_Air_Circuit
Only way it gets better is if they offer a mega-discount on the first showing of the day, like my local theater does. Go at 11:00 a.m., get in for five bucks, and there's nobody else there. It's ideal.We live close to a nice theater: lots of screens, all 4K Sony projection, but when I go, I go during the middle of the week and for the LAST showing of the particular movie that night, because there is usually NO ONE else there. I drug my feet to see the Revenant and went the last night it played and the last show of the evening. Literally had the theater to myself. And when I saw(maybe) Batman vs. Superman, there was ONE other person in the theater. Heaven...
Only way it gets better is if they offer a mega-discount on the first showing of the day, like my local theater does. Go at 11:00 a.m., get in for five bucks, and there's nobody else there. It's ideal.
Mercedes, BMW, Lear, and other companies that cater to few-but-expensive are still doing just fine.
What I found over my many years in the video business is that having lots of customers at cheap prices was a living hell. Nobody is worse to deal with than the cheap customer. I raised my prices, and started doing fewer projects at higher budgets, and everyone -- and I do mean everyone -- was happier. I was happier, my crew and cast were paid higher and worked on higher-quality productions, the clients were happier.
So I'll agree with you that lots of customers at cheap prices is a viable business model for some things. But to say that it always or almost always beats the "few customers at high prices" model, no, I don't agree with that by any stretch.
...Fiber to the house is a dead technology...