Is the golden age of streaming already over?

UK viewers cut back on subscription streaming services | RXTV info

The number of UK households subscribing to at least one streaming service has fallen for the first time in a decade. And it's particularly bad news for…

rxtvinfo.com

Netflix loses subscribers for first time in more than 10 years

About 200,000 people cancelled the streaming service in the first three months of the year.

www.bbc.co.uk

Neflix has raised prices, cracking down on password sharing and is facing increasing competition, so tonight's news of their shares crashing after they posted news of their first ever downturn in subscribers, is hardly surprising. But it's the news that came out yesterday, which maybe more important here.

Energy prices are going to stay high for a long time yet, as will food and other essentials and so people are cutting back on streaming services, but is this just a blip that may last a year or two, or does this indicate that the era of streaming services has already passed it's highest point?

A thought has just occured to me... I always get my masterpieces late at night!

The financial and media pundits are all saying tonight that it doesn't look good for the future of streaming and in particular, Netflix.

I do think there is a current situation, aka the squeeze on people's finances for perhaps the next few years, but I think the choice was made. People prefer streaming. But what about Netflix?

It's all doom and gloom talk tonight about Netflix and their share price has been in long term decline, I'd argue to normal levels. Netflix will now be a "proper" company and refocus on making profits rather than just growth. But where I disagree with the experts, is that streaming is not in terminal decline, far from it! Things have only just started.

With that in mind and Netflix does need to do something, I reckon, so I agree with the experts on that. Perhaps get ads for a lower price tier, but I reckon they need to do something else.

Wait for it.......>>>>>>>

I reckon Netflix will make a bid for Disney or Warner Discovery at some point in the not too distant future.

Netflix always said they wouldn't buy a Hollywood company, but the pundits tonight say that what drives Hollywood is hits. Netflix has done well, but after all it's money and algorithms, it still has far too few hits. But if it owned Star Wars or Superman or perhaps even Star Trek, that would be game changer for them.

Quote from Horizon

With that in mind and Netflix does need to do something, I reckon, so I agree with the experts on that. Perhaps get ads for a lower price tier,

Quote from OLD BOY

However, I don’t see this as a long term decline in the way that some people are presenting it.

Neither do I.

We are not going back to having loads of channels all showing the same shows back-to-back and we get no choice on what episode to watch or anything else.

Streaming gives the control to enable us to watch what we want, when we want.