Hey! Thanks so much for this.
Youtube primetime
I don't really see YouTube having a huge impact on Netflix at least at the moment. While Netflix is facing a decline, it is still the most popular streaming service in the UK. Netflix is also very well established in this market, so I think it would take a while for Youtube to go from just a video sharing platform to an established streaming service. I think what makes Youtube different from services like Netflix though is that it offers videos made by individual creators too. However, the popularity of these is declining significantly so I don't see people abandoning Netflix just to see their favourite shows and content creators on the same platform (which seems to be Youtube primetime's main selling point). I would also be interested to see what this means for the content creators themselves on Youtube - will the streaming service be favoured and the creators will be pushed aside?
Nevertheless, I do feel Netflix really has to do something to prevent other streaming services from catching up with it, and this has to be more than a reduced fee with ads subscription option. Because I think that once all of the favourite shows like Stranger Things and The Crown have finished, people might not have much reason to stay on Netflix.
And a final point - overall, I think that streaming services in general are dying down - they are seeing a much slower growth than before. So I don't completely understand why Youtube have decided that becoming a streaming service is the way to go, when it is arguably a dying market at the moment.
Privatisation of Channel 4
(I don't know much about this so please correct me if anything I'm saying is completely off!)
I think the push for profits that comes with privatisation would be bad for Channel 4. It would mean the programs wouldn't be as innovative, as there would be such a pressure for profits. And it would also mean there would be less about the UK, which of course is Channel 4's main audience. Again, for the same reasons mentioned above, I don't think Channel 4's privatisation would have a huge impact on Netflix - perhaps in the UK market it might because people sometimes like to use a service from their own country. But worldwide, I don't see Channel 4 being successful given how UK centric it has been for a while.
Would love to hear your thoughts on all of this [USER=16724]@RANDOTRON[/USER] !
