Hacker News Reader

Comment by acalderaro | Hacker News Reader

Are you intentionally ignoring the critically acclaimed pipeline of shows/movies Netflix has produced, or are you just ignorant to their actual success.

They aren't _just_ a platform for content producers. They are producers of content. Competitors need to outprice them, our perform them, and outproduce them.

View on HN

They're really just hitting their stride in content production. There's plenty of room for them to grow making stuff for their global distribution platform. They're in 190 countries and can exploit their productions worldwide.

Having said that, 200+ p/e is still insane.

Anecdotally I feel that Netflix has peaked in terms of content too.

They are producing more and more shows I am less and less interested in.

Meanwhile they still have a rolling library of titles instead of an ever expanding one.

> ignorant to their actual success.

I'll bite - I'm totally ignorant of their success. What metrics are you using to define that success, and where are you getting the data?

Well, that's just your opinion, man. 200:1 P/E is kind of an outrageous thing...

Just P/E by itself does not say anything. Amazon was at around -3000 or more at some point and people were still buying it and pushing it up (this continues to happen even now, with Amazon's P/E being around 297 as of this very moment whereas Netflix is about 209). Even the P/E projections for the next two years look significantly favorable with Netflix than with Amazon.

The businesses are very different, but P/E as such is just one measure of market sentiment on a stock.

Their content peaked years ago. Used to be that the "Netflix" badge of content meant this was quality. Now it doesn't really mean anything.

I feel this way, but when I examine it I don’t think it’s true. I believe they’re still releasing OitNB and HoC caliber shows at about the same rate, but now there’s so much filler in addition that it seems the days of quality are past.

What would make Netflix truly amazing, but apparently is not possible, would be if their DVD catalog was available to stream.

The problem is that companies like Disney have already out-produced them. Disney has decades of quality material ready to go

For very narrow values of quality, sure. I also hope to hell that the fragmentation or content distribution doesn’t continue unabated. Someone else posted the phrase earlier today, “Death by a thousand cuts,” and they’re right.

Hulu. Netflix. Amazon. CBS. Disney. FX. YouTube Red. Crunchyroll. And on and on.

It’s only vaguely workable when compared to the totslly unworkable price of American cable tv.

Sure but I want to watch things I haven’t seen before

I think Disney is going to find that it’s harder to build a massive online service than it looks and Netflix will become an attractive merger target if they ever falter too badly.

Reply on news.ycombinator.com