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Lights Out Netflix? Facebook (And Its 600 Million Users) Enters "Zero Barriers To Entry" Video Streaming Market

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Tue, 03/08/2011 - 09:57 | 1029283 Sudden Debt
Sudden Debt's picture

I still don't understand why you pay for movies you watch online....

 

I JUST DOWNLOAD THEM FOR FREE!!

ALT. BINARIES BITCHEZ!!!

Tue, 03/08/2011 - 09:57 | 1029288 Sudden Debt
Sudden Debt's picture

ps: alt.binaries.bitchez also contains movies but they are more for the adult spectator :)

Tue, 03/08/2011 - 10:04 | 1029309 plocequ1
plocequ1's picture

Newgroups is where its at

Tue, 03/08/2011 - 14:16 | 1030251 PuppetRepubl1c
PuppetRepubl1c's picture

the first rule of newsgroups is you do not talk about newsgroups

 

Tue, 03/08/2011 - 10:04 | 1029314 mynhair
mynhair's picture

Quiet, potato-head.  Yer giving out secrets.

Tue, 03/08/2011 - 10:09 | 1029326 Sudden Debt
Sudden Debt's picture

I KNEW I'VE SEEN THAT PUSSY BEFORE!!

 

Tue, 03/08/2011 - 10:16 | 1029356 JonTurk
JonTurk's picture

because they are american

Tue, 03/08/2011 - 10:37 | 1029424 covert
covert's picture

true, only suckers pay for downloads.

http://covert2.wordpress.com

 

Tue, 03/08/2011 - 11:48 | 1029667 pointer
pointer's picture

why don't people just stop watching the bullshit produced by Hollywood - it contributes to the mass brainwashing - no wonder Facebook is on top of it.

Hollywood is a key player in the conditioning of society.

Why are a lot of the movies about stealing Federal Reserve Notes - to help with the illusion that paper fiat money is worth killing for.

People are conditioned without even realizing it - QUIT WATCHING THEIR GARBAGE!

Tue, 03/08/2011 - 09:58 | 1029287 Careless Whisper
Careless Whisper's picture

Do Facebook Credits hold their value better than the Dollar?

Tue, 03/08/2011 - 10:00 | 1029293 Sudden Debt
Sudden Debt's picture

SURE!!! THEY ARE BACKED UP BY THE FEDERAL GOLDMAN SACHS!!

It's as good as gold!

Tue, 03/08/2011 - 09:58 | 1029290 monopoly
monopoly's picture

Gonna get interesting.

Tue, 03/08/2011 - 14:16 | 1030248 dark pools of soros
dark pools of soros's picture

you guys act like sheep.  no one is going to pay per movie on facebook..  are they ready to penny up for real content and beef up for the traffic a subscription based model will need??

 

no - they love to give you crap make believe junk and charge you for every pixel

 

A big player will buy netflix at somepoint (apple, microsoft, sony?)

 

 

 

 

Tue, 03/08/2011 - 09:59 | 1029295 gordengeko
gordengeko's picture

Netflix puts anyone?

Tue, 03/08/2011 - 10:12 | 1029340 Sudden Debt
Sudden Debt's picture

can I trade them for blockbuster stocks? now where did I put those...

 

Tue, 03/08/2011 - 10:30 | 1029401 gordengeko
gordengeko's picture

Was actually wanting to buy a redbox a few years ago but you can't.  that sux!

Tue, 03/08/2011 - 09:59 | 1029296 BorisTheBlade
BorisTheBlade's picture

Netflix, Facebook, bloody dinosaurs. Torrents b*tches.

Tue, 03/08/2011 - 14:20 | 1030260 dark pools of soros
dark pools of soros's picture

yeah keep thinking that is more than .001 of the market doing that - you add so much to this discussion

Tue, 03/08/2011 - 18:34 | 1031043 BorisTheBlade
BorisTheBlade's picture

i missed something, which discussion? in any case, comment was sacrastic, since torrents are not even video streaming technology.

Tue, 03/08/2011 - 10:00 | 1029300 tmosley
tmosley's picture

Why on Earth would someone pay $3 for a movie you could rent at Redbox for $1?  

Sounds more like they are competing with defunct Blockbuster than Netflix.

If they want to compete with Netflix, they are going to have to get a huge library of movies and offer unlimited streaming for a low monthly fee, not utilize this arbitrary "rental" model.

Tue, 03/08/2011 - 10:10 | 1029336 Sudden Debt
Sudden Debt's picture

you're looking to it all wrong.

 

WHY PAY ONLY 1$ IF YOU CAN PAY 3$ FOR THE SAME CRAP + FREE ADVERTISING POP UP'S & LIFETIME SPAM!

Tue, 03/08/2011 - 10:36 | 1029420 malikai
malikai's picture

I was thinking the same thing. $3/48hr of 1 movie seems an awful lot. But I'm sure they'll figure that out sooner or later. Isn't NFLX like $20 or something a month for 3 dvds at a time for a whole month?

Tue, 03/08/2011 - 10:41 | 1029433 tmosley
tmosley's picture

Or $9/month for one movie at a time + unlimited streaming.

Tue, 03/08/2011 - 10:51 | 1029455 AndrewJackson
AndrewJackson's picture

"Why on Earth would someone pay $3 for a movie you could rent at Redbox for $1? "

Don't worry prices will continue to collapse, but right now Redbox just doesn't offer that much in terms of selection. You can only get whats in that one particular machine. Plus, you have to drive to a kiosk ($ 4-5 gas doesn't make that very attractive + it just isn't convenient).  Thus, paying $ 3 bucks / for a recent movie with high demand is not that bad. Especially when you are doing it from your living room etc.

The reason this is competing against netflix is because their selection is downright terrible. You can not watch any recent movies on there, period! Once prices drop on premium download rentals ($ 1-2) range, netflix is toast. Most people never watch more than 4-5 movies a month and a small price drop of around 33% would easily justify the switch. 

Tue, 03/08/2011 - 11:34 | 1029601 aerojet
aerojet's picture

Actually, you can have movies delivered to a particular Redbox, and you can search online for what movies are available at which site.  I don't know where you live, but I can walk to two different RedBoxes (or whatever each one is called), and there are probably twenty more within about five minutes drive.  Redbox has taken my area by storm.  The Blcokbuster that was two blocks away is dead and gone (along with the Starbucks, Caribou kicked its ass).

I had Netflix for about a year when it first hit the scene. I found I do not watch enough movies to justify the (albeit meager) cost.  RedBox is like the prepaid cellphone service of movie rentals.  Very casual.

 

Tue, 03/08/2011 - 11:41 | 1029632 tmosley
tmosley's picture

Precisely.  I pass no fewer than three Redboxes on my way home from work, and I live in a very rural area.

Further, the $3 price point is exactly the same as the already established iTunes movie store.  You can rent it for $3 there too, along with a million other titles.  I don't know why anyone thinks that a single movie available over Facebook is such a game changer.  If they were charging $1, then I would agree, but they haven't added ANYTHING to the market with this.

Tue, 03/08/2011 - 14:15 | 1030247 Samuel Morales Jr.
Samuel Morales Jr.'s picture

Redbox is taking over. You can ride your bike to get the movies. It ain't like movies are heavy to carry. Plus Redbox is conveniently located in shopping areas like grocery stores as well. Redbox is also old school, because it is visible to the shopper, those not computer savy, or know how to use a computer/internet, and those who do. You don't need expensive broadband to see the movies as well. When you need broadband to see a movie, you are actually paying a lot more than simply going to a box, and selecting movies from it, then it machine dispenses it. Redbox is here to stay I am afraid. This idea we can just consume things over the internet has been blown over before.

Tue, 03/08/2011 - 12:41 | 1029873 anthoxanthum
anthoxanthum's picture

They're counting on the branding hype to offset the inflated price and it will work. But Netflix isn't going anywhere due to this. Nor will Redbox lose any customers. This looks targeted at iPad/iPhone types that believe Facebook is a gift from Xenu to change the face of the universe as we know it. /eyeroll

Tue, 03/08/2011 - 10:01 | 1029302 Rogerwilco
Rogerwilco's picture

Karl Denninger just wet himself.

Tue, 03/08/2011 - 10:07 | 1029321 UninterestedObserver
UninterestedObserver's picture

So what's new?

Tue, 03/08/2011 - 11:34 | 1029606 aerojet
aerojet's picture

That dude is a total asshat.

Tue, 03/08/2011 - 12:25 | 1029823 SilverRhino
SilverRhino's picture

I used to listen and read his site.  Then I found ZH and also realized that he's a douche about PM's.  

He's too wrapped up in blind obedience to the law and government to realize that people will NOT comply with a PM's confiscation order.  

Tue, 03/08/2011 - 10:01 | 1029303 TruthInSunshine
TruthInSunshine's picture

Netflix is thinking of moving into the (for now) less competitive cassette tape rental business.

Tue, 03/08/2011 - 10:06 | 1029316 mynhair
mynhair's picture

HTB, anyone?

Tue, 03/08/2011 - 10:05 | 1029318 UninterestedObserver
UninterestedObserver's picture

Things like "barriers to entry","margin compression" and "competition" are from the now defunct school of fundamental analysis - here in the new American ponzi market all you need to do is step right up buy some stocks and you are off to the races (against inflation)

Tue, 03/08/2011 - 10:06 | 1029320 Josh Randall
Josh Randall's picture

Facebook still doesn't impress me - they keep throwing $hit against the wall hoping somthing will stick so they can add on to their flawed business model. It is a great Free Program that should be supported by ads; but whenever they try and add costs or a menu of play to play services on to consumers it will flop like the maginot line

Tue, 03/08/2011 - 10:21 | 1029325 Mercury
Mercury's picture

Yeah but eventually they will know close to everything about everybody and that's worth money to someone.  Soon they'll have a massive database on your video viewing habits.

Just wait until you need a Facebook account to do things that shouldn't have anything to do with Facebook - just like you need a driver's licence in many states to do things that have nothing to do with driving.  Explaining to a potental employer why you don't have a Facebook account might become a lot like explaining that although your criminal record is sealed, you don't have anything to hide.

Tue, 03/08/2011 - 11:36 | 1029614 aerojet
aerojet's picture

It's the AOL of this decade.  It will die, give it time.

Tue, 03/08/2011 - 13:05 | 1029956 Saxxon
Saxxon's picture

+1 Aerojet. Yawning at it all...

Tue, 03/08/2011 - 14:21 | 1030267 dark pools of soros
dark pools of soros's picture

AOL actually provided a service..  not just a scrapbook gossip fence

Tue, 03/08/2011 - 10:08 | 1029328 gosh
gosh's picture

Let's sum up the competition:

1.  Blockbuster coming out of bankruptcy with less debt, renewed focus

2.  Redbox to offer streaming movies

3.  Amazon offering free movie streaming to their members

4.  Hulu

5.  Facebook

6.  Comcast also said today they will compete with netflix

 

All bubbles burst when growth declines.  Growth declines with competition.  Im shorting netflix, thinking of adding to my position.  When a bubble bursts it can go down 80-90% in a year or so.

Tue, 03/08/2011 - 10:09 | 1029333 Azannoth
Azannoth's picture

Apple should resurect their 'Apple TV' on the IPad

Tue, 03/08/2011 - 14:24 | 1030272 dark pools of soros
dark pools of soros's picture

that space is ripe for M&A  -  don't think bids aren't being considered in the big boys war rooms

Tue, 03/08/2011 - 10:09 | 1029329 Azannoth
Azannoth's picture

NTFX is priced like it was a total monopoly (Microsoft style) and held that spot forever

Tue, 03/08/2011 - 10:08 | 1029330 Waterfallsparkles
Waterfallsparkles's picture

My guess would be that they will try to blow the shorts out of the Market first.

Old Wall Street trick.  When bad news comes out, run the stock into the stratisphere.

Blow the shorts out of the Market and then take it down.

Tue, 03/08/2011 - 10:10 | 1029332 RobotTrader
RobotTrader's picture

NFLX gapping well below its trend line.

Looks like the party is "ovahh" on this one.

Tue, 03/08/2011 - 11:36 | 1029615 The Axe
The Axe's picture

NFLX   finish.....rats leaving the ship....only if they had porn I could download...then I buy some leaps...lol

Tue, 03/08/2011 - 10:19 | 1029361 Al89
Al89's picture

I type in <movie name> stagevu into Google search. I watch whichever film I want to watch in DVD quality for free.

If that doesn't work I check youku, zshare, megavideo (free service).

If people can't instantly stream for free in DVD quality they download it, in DVD quality.

All while saving much needed $$.

 

Tue, 03/08/2011 - 10:49 | 1029450 Azannoth
Azannoth's picture

It's called Pirating and your IP is '178.2.122.8' ;)

Do NOT follow this link or you will be banned from the site!