By Alyce Lomax, The Motley Fool
Filed under: Investing
So, “Argo” received the coveted Oscar for Best Picture. Hey, if you missed the flick while it was in theaters, you might want to check it out, right? Don’t look to Netflix‘s streaming service for it. I already looked — it isn’t there yet.
Fear not, if you’re desperate to see the movie. If you go to Amazon.com‘s Prime service, you can rent “Argo” via streaming for $3.99. If you’d rather use Apple‘s iTunes, you can rent it for $4.99.
Could investors, analysts, and other interested parties please acknowledge why the frequency in which Netflix’s entertainment options are simply MIA is a major problem for Netflix’s future?
Queuing up disappointments
I’m one of the subscribers signed up for Netflix’s streaming-only service, and I’m personally pretty frustrated. I hardly use the service anymore. Every time in recent memory that I have looked for some movie that’s relatively new that I’d really like to watch, I’ve ended up disappointed. I’ve ended up simply renting the movies and occasionally TV show seasons such as “Dexter” from Amazon.com (gasp).
Maybe I have quirky taste and my feeling here is way too anecdotal. However, I simply don’t believe I’m in a minority of frustrated Netflix subscribers. Add up the rental fees to instantly watch what you want to see now through other services, and there’s a point where the Netflix streaming service simply doesn’t make economic sense anymore, especially when there are so many other areas vying for our time and attention.
A giant queue of second-string programming sure isn’t going to help Netflix. What used to be a wonderful selection of high-quality and more obscure, artsier fare when Netflix was a DVD-rental giant has deteriorated into what feels like mostly a collection of antiques and also-rans.
What did Netflix recommend as a consolation prize for its lack of instant “Argo”? It offered up “House of Cards” (granted, putting out its own programming is one good idea the company has had). However, it also served up a variety of films that members are supposedly streaming instead of their first choice, “Argo:” “Barfi!,” “Heroine,” and “Seal Team Six.” I can’t say I have heard of any of those, and even if they’re perfectly fine, underrated sleeper movies they’re a far cry from the one that won Best Picture at the Oscars.
New Houses and Sesame Street aren’t enough
Netflix does have original programming such as “House of Cards” (which I have heard is good ). Netflix also recently penned agreements with Disney and, more recently, DreamWorks Animation , the latter of which will provide an exclusive show called “Turbo F.A.S.T.” Both of these agreements will probably make kids (and parents) happy and add some goodwill for Netflix, but I don’t buy that these are suitable grounds to believe Netflix’s day has been saved.
Take Amazon’s recent deal with CBS , through which it will offer episodes of “Under the Dome” mere days after broadcast. Talk about instant gratification.
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Source: FULL ARTICLE at DailyFinance