What now, Netflix?
By Samantha Roesler
Every loyal Netflix subscriber seems to have something to mourn about.
Is it complete removal of all Disney movies? How about The Office leaving Netflix after 2019? Oh, did I mention that Friends is also being removed after this year?
Disney, NBCUniversal, and WarnerMedia terminated their contracts with Netflix fairly recently according to Associated Press. Disney is releasing Disney+ at the end of 2019, which allows subscribers to watch all Disney films (including Marvel Movies) for a monthly fee. Both NBCUniversal and WarnerMedia have hinted that they will be moving to their own new online service.
Netflix had it easy for a while, being the most popular streaming service of its kind. At this time last year, Netflix had one of the best stocks on Wall Street. However, these newly announced online video services are putting extreme pressure on Netflix.
What does this mean for our beloved Netflix? It is hard to see how this will benefit the original television streaming service. And it is definitely not benefitting college students (or anyone, let’s be honest) who don’t really want to spend money on three or more online streaming subscriptions.
“Being an avid Marvel fan, it is kind of a letdown that I won’t be able to watch their films on Netflix anymore. I would consider going to other streaming services for the content I truly enjoy, but for now I do think Netflix would benefit by adding and keeping what viewers actually want to see,” FGCU junior Autumn Albright said.
On the positive side, Disney+ will contain much more Disney content than Netflix ever did. I’m sure NBC and Warner will also have much more content on their own streaming website than they put on Netflix. This being said, if you are a TV guru then maybe more channel-specific streaming services will be great for your lazy Netflix days.
Will Netflix try to keep competition tight by coming out with more original series? Will they increase their price to avoid losing revenue? I guess only time will tell.