Extending this logic, Netflix should be able to lower prices to $1.99 if they stopped paying staff $800k/year...
After all, they move 1s and 0s at the end of the day. No screens or customer-facing capital equipment to maintain outside of DCs.
Extending this logic, Netflix should be able to lower prices to $1.99 if they stopped paying staff $800k/year...
After all, they move 1s and 0s at the end of the day. No screens or customer-facing capital equipment to maintain outside of DCs.
Actually, yes, I do think that netflix could do their job much cheaper. I use putflix, which uses put.io for $0.99 per month. Better quality streaming than netflix, no forced ads, and they can make it work for $1. Maybe it's the model where my monthly subscription pays for their entire catalog that's broken. Maybe it should just be a la carte licensing.
Either way, until the industry lets me pay directly to the org that literally made the movie, I'll just pirate.
I do want to pay the artists that make the films. I think the most viable way to do this is via cryptocurrency associated with social media accounts, and then validate ownership by having owners post a magic validation link. This way I can send artists money and it's on them to go get it if they want it.
This is not a satire?
putflix is criminal theft. They pay nothing to people who make movies. You can drive the cost to zero by downloading torrents directly from pirate bay.
If you did want to pay the artists then you would pay for netflix of rent/buy from a number of places (amazon video, youtube, apple).
Your cryptocurrency fantasy is just a way to rationalize stealing.
That is not the logic used by wat10000.
I believe they wrote that it is consistent to find sufficient utility from a $14 grilled cheese sandwich and also find insufficient utility from a whatever price movie theater experience.
It isn’t written out, but when people complain about the price of anything, they are complaining the price to utility ratio. Not exactly profound stuff, but that is basically what it is, most people don’t get a sufficiently better experience in theaters in today’s world.
What?
The extension of my logic to Netflix would be, if I think their prices are too high and that causes me not to subscribe, and their prices are so high because they need to pay very high salaries, then there’s just no way that Netflix can exist in a form that I would subscribe to.