HBO and other pay-TV services may want to redouble their efforts to contain the growth of Netflix. According to a recent survey from financial services firm Cowen & Co., nearly a quarter of Netflix subscribers have canceled their premium TV service.
Netflix CEO Reed Hastings sees things a bit differently, however. The outspoken leader claims that Netflix is complementary, not competitive, with premium TV services such as HBO and Showtime. Says Hastings:
“We compete with HBO like baseball and football compete . . . We sell to the same person, we deliver some of the same emotion, but it’s not direct competition. People subscribe to both. And the people who love us often subscribe to HBO. They don’t have any of the same content we have, and we don’t have any of the content they have. So it’s a pretty indirect competition for time and money.”
Do you think Hastings is right, Insiders? Are Netflix and pay channels such as HBO an either/or proposition for you, or are you willing to splash out for both?
[via Home Media Magazine]
I canceled all movie channels. They stopped listening to what I wanted years ago. Most of the shows are boring and there’s next to no movies I haven’t seen by the time they make it on there, so I’d rather save my money and just buy the seasons of shows I still watch like True Blood, Spartacus, and Dexter or sometimes I take deals just to watch during the months they are on.
I canceled my Cable TV years back. And never looked back. Cable is a rip off.
I just have Netflix online. Block Buster three out at a time..All for under $30.00 a month. And can watch HULU and hit RedBox if I like..
And doing just fine!
Oh no, here we go again!
YUP! ;)
i say No because it is already expensive just to watch movie on tv
I°¶ll right away take hold of your rss as I can not find your email subscription hyperlink or newsletter service. Do you’ve any? Please allow me know so that I could subscribe. Thanks.
Netflix streaming, Redbox rentals & free OTA TV for a grand total of around $12/month. Pay channels have too many reruns.
I gave up the premium channels due to the fact that they never have a good selection of movies maybe 4 newer movies a month and always the same moves every month. All the movie channels are the same no change. I also use redbox and netflix and both have their merits.
I cancelled my movie channels years ago because they were not worth the money they charge every month to watch the 3-4 movies they showed over and over again. Getting Netflix had nothing to do with it. The few good shows they have now still don’t make it worth it. I just wait for the rentals to be available. If they think that not releasing them on DVD will make me buy their channel, they are wrong though. They aren’t that good!
Only Netflix steaming, Prime (from work) and OTA TV for me. I was intrigued when I heard Intel may put out packages where you can get certain channels you want, but have since heard that is not going to happen. Too bad.
I’m loving RedBox Instant. It is in the Beta right now, but I have both Netflix and RedBox. I’m loving RedBox Instant so much, I’m thinking of cancelling Netflix. For $8 per month you get 3 free codes for Kiosks and unlimited streaming. It can be streamed from your phone or an Xbox 360 which I own. I’m waiting for it to come to PS3 (hoping it will). Give it a shot, you’ll love it.
Jimbro.
I did and did a fast drop it…
A. No TV shows. B. Very few movies.
3. No CC.. Closed Caption..
Everyone has there own deal.. If you like RedBox Go for it…
Me NetFlix all the way….
watch the newet movie scarymovie5 here:
http://j.gs/1347686/freescarymovie5
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