Netflix Not Concerned With New Streaming Services Coming From Apple and Disney

Discussion in ' News Discussion' started by MacRumors, Apr 16, 2019.

  1. MacRumors macrumors bot


    Apr 12, 2001

    Netflix isn't worried about the upcoming Disney+ and Apple TV+ streaming services from Disney and Apple, respectively, the company said today in its Q1 2019 earnings report. [PDF]

    In the document, Netflix says that it's "excited" to compete with Apple and Disney, and that it does not feel that the new services will affect Netflix's growth because of the "differing nature" of the content offerings.


    Netflix says all streaming services will continue to grow as the market transitions away from the traditional cable viewing.
    According to Netflix, there is "vast demand" for watching "great TV and movies," with Netflix satisfying only a small portion of the demand. Netflix says that its streaming hours in the United States represent roughly 10 percent of total TV usage, giving it plenty of room to grow. Netflix also sees growth opportunities in other countries and on other devices like mobile.

    In its quarterly earnings report, Netflix reported $4.52 billion in revenue, beating analyst estimates.

    Both Apple and Disney are set to launch new streaming services this fall. Apple has not provided specific details on launch timing or pricing, but Disney recently said its new service, Disney+, will come out on November 12 and will cost $6.99 per month, well below what Netflix is charging.

    Disney and Apple are investing huge amounts of money into original programming for their streaming services, and Apple has more than two dozen original TV shows and movies in the works.

    Netflix recently increased its pricing. It costs $8.99 for a basic non-HD streaming plan, $12.99 for an HD streaming plan, and $15.99 for a "Premium" UHD streaming plan. Netflix also controversially ended AirPlay streaming support on Apple's iOS devices, citing Apple's plans to expand AirPlay to third-party devices and an inability to determine which AirPlay device is which as a reason why.

    Article Link: Netflix Not Concerned With New Streaming Services Coming From Apple and Disney
  2. macduke macrumors G4


    Jun 27, 2007
    Central U.S.
    They shouldn't be concerned about Apple TV+ but they should be concerned about Disney+.

    If you buy a yearly membership it's less than half the cost of Netflix. Meanwhile, Netflix is going to be losing a lot of their Disney shows. When you have access to Disney, Pixar, Marvel, and Star Wars—plus potentially Fox at some point—for half the cost of Netflix, with a ton of new shows and a large back catalog, it's going to be a lot of content and people will be thinking long and hard about whether they really need a Netflix subscription because they are already drowning in content.
  3. gsmornot macrumors 68030


    Sep 29, 2014
    Why worry when you consume like 15% of the internets bandwidth. I don't know the real number but its a big number. They will be fine for a while still.
  4. guesswholikesyou macrumors newbie

    Mar 15, 2018
    They probably should be. They're charging twice as much and losing a good chunk of their content.
  5. brinary001 macrumors 6502a


    Sep 4, 2012
    Midwest, USA
    Of course they're not. It's Netflix... One out of every three households in America alone subscribes. Hell I'm willing to bet nearly everyone reading this comment uses them in some way.
  6. PastaPrimav macrumors 6502

    Nov 6, 2017
    We don't anticipate that these new entrants will materially affect our growth because...

    ...because you are your own worst enemy. The only thing materially affecting your growth is you.
  7. NufSaid macrumors regular


    Oct 28, 2015
    ÜT: 41.065573,-83.668801
    Blockbuster not concerned about Redbox.

    Nice knowing ya Netflix.
  8. Jaylay14 macrumors newbie

    Oct 23, 2011
    Edmonton, AB, Canada
    I was going to say the exact same thing. I can totally see myself switching from Netflix to Disney+ the second it comes out.
  9. smaffei macrumors regular

    Jun 5, 2003
    Well, what are they gonna say? We're crapping our pants?!?

    Of course they are.
  10. doomfront macrumors regular

    Sep 19, 2012
    If they keep raising prices they should be. I see no reason to keep paying more and more each year for something I only turn on when bored. I used to be fine with it because the Netflix Originals were pretty great, these days there aren't many shows that can keep my interest long enough to finish a season
  11. ingik macrumors newbie


    Jul 18, 2015
    Well Blockbuster wasn't all that worried about Netflix, we all know how that ended...
  12. Relentless Power macrumors Penryn

    Relentless Power

    Jul 12, 2016
    Netflix probably has a point, because there will be a difference of the various content offerings between Disney and Apple. But more importantly, this provides more options for the consumer and competition is very much relevant with streaming services.
  13. pankajdoharey macrumors 6502


    Feb 19, 2014
    Oz town, Jade City. Mars
    Apple couldnt build a proper laptop who cares about their streaming service? I can even tell you what Tim cook would say on stage... "It is the best streaming platform" Apple has ever created. Well yeah, but that does not say anything about Apple. Apple's biggest problem is they have been largely restricted by their owns ideas of shooting in the foot. Starting with a highend market is great but eventually you have to move into a mass market if you dont do that someone will come along and restrict your impact. And google did that with Android and so would every other company like Netflix will do to Apple. Yet Apple will never learn and i am sure they will try to sell this streaming service for $999 per year.
  14. Mike MA macrumors 68000

    Mike MA

    Sep 21, 2012
    Well, if every major film studio starts to launch its own subscription service, Netflix soon will only have their original content left.
  15. Naaaaak macrumors 6502

    Mar 26, 2010
    Netflix is so not concerned about Disney, they torched and canned all of their Marvel series, including the well-received and watched Daredevil, just to salt Disney:

    Netflix is so not concerned about Apple, cutting Airplay support was just coincidence.
  16. goobot macrumors 603


    Jun 26, 2009
    long island NY
    That’s why they canceled all their marvel shows right…:rolleyes:
  17. mithion macrumors regular

    Mar 1, 2016
    Reno, NV
    I think Netflix better watch out. They are a great company but I feel like their new house branded shows aren't that great. I don't think Apple will be that big of a deal since just like Netflix, they don't have much of a legacy. But Disney on the other hand has nearly a century of material that is beloved by generations of people. Not to mention they own some very hot brands like marvel, fox and star wars. Good luck chuck!
  18. UndefinedxJoker macrumors newbie


    Apr 22, 2014
    Disney made a brilliant move pricing Disney+ so low. A lot of people will think "Wow that is really cheap for all that content" and sign up. Then they'll probably raise the prices over the years and most won’t have a problem with it.
  19. mtngoatjoe macrumors regular


    Jun 10, 2008
    There's still a lot of content on Netflix that I like, so I doubt I'll cancel my subscription. I'll definitely be adding Disney, but unless they add original content that I like, then we'll see how long I stay.
  20. cmwade77 macrumors 65816

    Nov 18, 2008
    Honestly, once Disney+ launches, there is a very strong chance we will ditch Netflix and go with Disney+ instead, that is the majority of the content we watch on Netflix anyway, so them loosing it is a big problem.

    Hopefully Netflix has learned from the mistakes Blockbuster made in how they dealt with Netflix and that they will do a better job at dealing with Disney+

    I don't think Apple TV is going to be a very popular service nor have much impact, but Disney+ will.
  21. WannaGoMac macrumors 68020


    Feb 11, 2007
    Gotta agree Netflix value proposition has really declined. When browsing their content I am just inundated with endless Netflix shows that are increasingly becoming mediocre...
  22. OldeTechGuy macrumors newbie

    Jul 1, 2017
    They just need to add a + after netflix and then they’ll all be the same
  23. danny842003 macrumors 6502a


    Jun 6, 2017
    I don’t know why they would be bothered. Apple TV+ has no real known content yet and most people want a wider variety of stuff than Disney offer. I’m not going to watch Star Wars and marvel every night.
  24. Bravia3d macrumors regular

    Nov 9, 2013
    Netflix is crap, 99% of their shows are Satanic junk pushing BS upon people.

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