Cord-cutting is rapidly becoming an expensive proposition, especially if you want the amount of content most TV viewers are accustomed to. And that problem is only going to get worse in the years to come.http://www.vox.com/new-money/2016/10...u-amazon-cableStreaming industry watchdog blog Exstreamist recently revealed that Netflix’s number of films and TV shows has been cut in half since 2012 — going from about 11,000 series to 5,302. In and of itself, this isn’t really cause for alarm. Netflix has stepped up its production of original content, seemingly largely to compensate for the loss of all of those titles in its library. It also has a major deal with Disney that will siphon a bunch of the entertainment giant’s products into the Netflix library.
But the fact remains that Netflix is increasingly caught between two major forces. On the one hand, it’s chasing down a number of global subscribers that will eventually prove finite. On the other hand, the amount of money it can actually spend on acquiring and producing TV shows and movies will only go so far.
Because Netflix doesn’t actually own most of its hit TV shows (at least not yet), it overpays for most of them to make them Netflix exclusive for the foreseeable future. But that drives its production costs up and up and up. Thus, for instance, it recently had to cancel its Emmy-winning drama Bloodline after its upcoming third season, seemingly because it just cost too much.
Super interesting read. Well worth your time IMO.