Netflix - Not bad! Qwikster - uh, never mind...

if that happens to be true, and it might be, the movie industry is fucked. $7.99 a month per household (which people are still whining about) versus whatever it costs for everyone to go see a bunch of movies every year is not gonna cut it.

― the jazz zinger (s1ocki), Wednesday, October 26, 2011 1:14 PM (26 seconds ago) Bookmark Suggest Ban Permalink

well i could see the actual cost of the thing being higher but yeah the movie industry is in for a hard landing - its not just box office but dvd sales etc - theater attendance has been shrinking since the advent of television and its only accelerating w/fancier home theater setups/competition from video games internet etc - the industry wants to keep the dvd money faucet on as long as they can but thing is if they dont eventually offer people a good inexpensive way to get movies over the internet theyre gonna get napsterized just like the record industry did

i mean i think there will still be theaters, just not that many of them

But if there are not many of them, how could they open the same movie on 3000 screens at the same time?

dvd is a weird historical anomaly that will be seen to have briefly saved the industry, i fear

Kind of like the CD in music-land.

totes

man i dont really care that the music industry collapsed cause people still be making music, but not sure how im gonna live w/o more billion dollar cgi adventurescapes

youtube man... youtube

500 more episodes of epic eating contest have been ordered

i am just coming to terms with the fact that pretty much every cultural product except for like in situ installation art has been rendered monetarily valueless by the last 10 years

and what a massive cultural shift (towards what, i dont know) that is going to mean

http://i.imgur.com/Qdy1g.jpg

i am just coming to terms with the fact that pretty much every cultural product except for like in situ installation art has been rendered monetarily valueless by the last 10 years

― the jazz zinger (s1ocki), Wednesday, October 26, 2011 1:53 PM (1 minute ago) Bookmark Suggest Ban Permalink

give ryan trecartin another couple decades and there might not even be installation art!

there's always ads, man

i dont know who that is

man the vancouver summit changed EVERYTHING

hes the guy who does the funny videos, hes great, but theres never any reason to go see his stuff "in person" cause theyre just cool funny videos, that he uploads to youtube and vimeo

oh HE's the guy who does the funny videos?

has he seen avatar

i just watched a couple of minutes of this and it broke my brain

http://vimeo.com/5841178

yeah, ryan trecartin, funny video guy

funny peculiar!!!!!!!!!

jesus christ

funny looking

we have a whole thread on him

Ryan Trecartin, philly video artiste

have u guys heard of 'steven soderbergh'

u misspelled "silly" in that thread title

this tech news summary in my inbox today was a nice juxtaposition

Analysts see a rough road ahead for Netflix

The fact that Netflix (No. 13) lost 3.3% of its domestic subscriber base in just one quarter and that its stock was down 44.2% in just a single day to around $74 per share in mid-Tuesday morning trading, is a chilling sign that Netflix business performance and subscriber problems will only escalate, say industry analysts. Netflix hit an all-time high of $304.79 per share just three months ago.

Amazon's sales jump 44% in Q3

The third quarter earnings story for Amazon.com (No. 1), the biggest online retailer, was a familiar one. Total sales are growing at a blistering rate but net income continues to shrink as the company sinks more money into expansion and new business development.

i love when we all sit around pretending we know jackshit about the business world and stocks and stuff
― the jazz zinger (s1ocki), Wednesday, October 26, 2011 3:54 PM

not knowing jackshit about the business world and stocks and stuff is... no impediment at all to making money off of it.

which is why we're all making tons of money off it

Which we would, if we all bought Netflix stock now and it went back up to its $300 high! (Which it won't.)

Well I hope you guys didn't.

Problem is it still is/was priced based on expectations of high growth. Yesterday we found out they actually are losing subscribers, which is way worse than just not growing really fast, obv. I guess the case for buying would be that they're going to grow internationally, but it's kind of hard to guess whether Netflix will take in, say, Latin America in 2012 the way it did in the US years earlier.

― pass the duchy pon the left hand side (musical duke) (Hurting 2), Wednesday, October 26, 2011 6:59 AM (4 hours ago) Bookmark Suggest Ban Permalink

lol hurting im sympathetic to yr new explaining things persona but one bad quarter does not a pattern make

― ice cr?m, Wednesday, October 26, 2011 11:36 AM Bookmark

To be clear, the reason I said "hope you guys didn't" is that it fell a fuckload since that day, over 30% drop just yesterday.

god we're good

its okay to buy stocks that drop 30% in a month if they gain more over the long term

hey lets talk about stocks like fucking assholes

hey man stocks are people too be cool

i'll believe stocks are ppl when etc

guys, this is not a matter that can be settled in just one thread revive

we need at least four "3 months pass..."es in the narrative before we can decide which ilxor is warren buffett

that and a wdyll pic featuring a money bath

http://www.redpointdesign.ca/thePoint/wp-content/uploads/ScroogeMcDuck.png

The iPhone app has always been streaming only. It's sort of annoying
Not to be able to manage your DVD queue from it, but far more annoying that titles that are available as streaming but added as DVDs do not show up in the streaming queue.

had cancelled my dvd by mail when the new price change went into effect. today i cancelled the rest of the service too. just not enough films, esp when you've got hulu/on-demand/tcm what have you.

that's tmc obv

you had it right the first time

oh shit. you're right. lol.

got an email from my bank abt sending them some info for my halfway activated brokerage account, lol I have a vague memory of drunk one nite being all maybe I will buy some of that Netflix stock u jerks, tho I totally don't recall actally attempting and failing to open a brokerage account

hah