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Netflix kills casting from phones (www.theverge.com)
submitted 11 months ago by to c/technology@lemmy.world
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Casting support is still available on older Chromecast devices or TVs that support Google Cast natively, according to Netflix’s support page

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[–] 103 points 11 months ago (8 children)

When is the next VC driven company that focuses more on growth than profit coming? I feel Netflix and all the other streaming services are ripe to be overtaken in the same way Netflix overtook tv channel packaging.

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  • [–] 53 points 11 months ago (1 child)

    To streaming?

    Never.

    Streaming is a finite market that is already covered. The moment old money (aka existing media companies) jumped on it, it was done for.

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  • [–] 12 points 11 months ago (3 children)

    the next VC driven company…

    With you so far

    that focuses more on growth than profit

    Ah - there’s your problem. VC companies simply don’t do that.

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  • [–] 20 points 11 months ago

    Ah - there’s your problem. VC companies simply don’t do that.

    They most certainly do and then either cash in by selling to the next more risk adverse VC or sells it at a loss if they believe the company failed to disrupt the market.

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  • [–] 16 points 11 months ago

    Ah - there’s your problem. VC companies simply don’t do that.

    That is exactly what VC companies do. That's why they need the VC money. First you conquer the market at a loss. Only when users have no other options to escape to, you start squeezing them.

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  • [–] 4 points 11 months ago

    Mandatory licensing of video content to anyone who can pay for it (similar to what the music industry does) is the only thing that the might disrupt the streaming industry, like a sort of Paramount Decrees for the streaming age, since monopolies on originals is what keeps people locked in

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