Cordkillers 594: Streamflation Frustration
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In this episode of Cordkillers, hosts Brian and Tom dive into the growing frustration around 'streamflation'—the steady rise in streaming prices, particularly Netflix’s recent price hikes across all tiers. They analyze the business logic behind Netflix’s strategy, noting that despite higher prices, subscribers are increasingly opting for the ad-supported tier, which actually generates more revenue per user due to ad monetization. The hosts explore the psychological paradox of ad tolerance, comparing it to dental surgery: people hate ads in the moment but forget them quickly, making the ad tier a surprisingly effective revenue model. They also discuss Andy Weir’s controversial comments about Star Trek, his subsequent apology, and the delicate balance of tone in public apologies. The episode covers major entertainment news, including the upcoming Supergirl film, a new Lord of the Rings movie centered on Sam’s daughter, and HBO’s Harry Potter series. The hosts reflect on the cultural implications of remakes, the global expansion of Eurovision, and Netflix’s growing role in live sports and award shows. In the 'Buried Treasure' segment, they share personal viewing highlights and promote Tom’s new book, 'Synced,' which explores the human stories behind technology. The episode closes with listener insights and a call to support the show via Patreon for an ad-free experience. Key takeaways include: 1) The ad-supported streaming tier is a smarter financial move for platforms than pure subscription models; 2) Consumers should track their viewing habits to evaluate value per minute; 3) Public apologies are most effective when they acknowledge impact without over-defending; 4) Remakes and reboots succeed only when they bring a fresh perspective; 5) Netflix’s expansion into live events signals a shift toward becoming a full entertainment ecosystem; 6) AI training differs from human learning in scale and potential for exact replication; 7) Patronage models like Patreon offer a sustainable alternative to ad-driven content; 8) The future of entertainment lies in personalization and access, not just content volume.
The ad-supported streaming tier is more profitable for platforms than higher-priced ad-free tiers.
Consumers should track viewing time to evaluate true value per minute streamed.
Public apologies are most effective when they acknowledge impact without over-defending.
Remakes succeed only when they bring a fresh perspective, not just higher production values.
Netflix’s expansion into live sports and events signals a shift toward becoming a full entertainment ecosystem.
…and 3 more takeaways available in PodZeus
The Streamflation Crisis: Netflix's Price Hikes
“For some viewers, especially high volume viewers, they make more money off you if you go to a cheaper tier that has ads because they're making no money off ads for you on the end. They're only making what you pay them a month. Whereas on the ad tier, the more you watch, the more they make and they are making that above and beyond whatever your per month subscription is.”
The Psychology of Ads: Why We Tolerate Them
“I don't remember the ads. I just remember the show. Yeah. And the dental surgery thing is like, I'm told that when you get certain kinds of dental surgery, you're actually awake and feeling all that pain, but the drugs make you forget that you did.”
Andy Weir’s Star Trek Controversy and Apology
“I'm a blunt person, always have been. It's been 10 years since the media cared what I had to say about anything, so I kind of forgot to watch my words when I have a film in theaters.”
The Future of Remakes and Reboots
The hosts critique the trend of remaking classic content, using Harry Potter and Lord of the Rings as examples. They question the need for a new Harry Potter series when the original films are still beloved, and express skepticism about a Lord of the Rings film focused on Sam’s daughter. They argue that remakes should offer a new perspective, not just higher resolution.
The Rise of Live Streaming and Global Expansion
Netflix’s new foray into live sports and award shows—NFL games and the AFI Life Achievement Award—is discussed as a major strategic shift. The hosts also cover Eurovision’s new Asia version, DAZN’s plan for in-flight sports streaming, and HBO Max’s global rollout. They reflect on how streaming is evolving beyond on-demand content into a live, interactive experience.
“I don't like a lot of new Trek. He as a person is a really nice guy, but at the same time, those shows are shit.”
“For some viewers, especially high volume viewers, they make more money off you if you go to a cheaper tier that has ads because they're making no money off ads for you on the end. They're only making what you pay them a month. Whereas on the ad tier, the more you watch, the more they make and they are making that above and beyond whatever your per month subscription is.”
“I'm a blunt person, always have been. It's been 10 years since the media cared what I had to say about anything, so I kind of forgot to watch my words when I have a film in theaters.”
Hosts
Brian
person
Tom
person
Netflix
organization
Andy Weir
person
Patreon
organization
Alex Kurtzman
person
ChatGPT
other
HBO Max
organization
Eurovision Song Contest Asia
other
Harry Potter and the Philosopher's Stone
other
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