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Highlights From the January 2023 GMT Games Update
Highlights From the January 2023 @gmtgames Update - Some great stuff and congrats to @Justegarde!
Itâs been a few months since my lost post about the monthly GMT Update! Thatâs not GMTâs fault. They do it monthly. I just havenât had a lot to say about the more recent ones. At least nothing that really seemed blogworthy. How many times can you say âThat looks so cool!â in an interesting and readable manner? Hey, thatâs not nice. Anyway, I thought this month would be a good one to do anâŠ
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#2-Player Games#A Gest of Robin Hood#Ancient Civilizations of the Middle East#Atlantic Chase#Away Team: The Voyages of the Pandora#Bayonets & Tomahawks#Commands & Colors: Medieval#Commands & Colors: Napoleonics#GMT Games#Inferno#John Butterfield#Justin Fassino#Levy & Campaign Series#Lunch Time Games#Plantagenet: Cousins&039; War for England#Red Flag Over Paris#Seljuk: Byzantium Besieged#Storm Above the Reich#The Barracks Emperors#The Last Hundred Yards#Time of Crisis#Twilight Struggle: Red Sea
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Ubisoft Cancellations and Skull & Bones Delayed
Ubisoft Cancellations and Skull & Bones Delayed
For some, this could be considered their âWTF Wednesdayâ when it comes to gaming news. However, delays and cancellations happen and today Ubisoft has announced that 3 titles will be canceled and another delay for the highly anticipated Skull & Bones title. This news coming from VGC where Ubisoft has stated,  âfacing major challenges as the industry continues to shift towards mega-brands andâŠ
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#Assassin&039;s Creed Mirage#Avatar: Frontiers of Pandora#Beastgamerkuma#gaming#News#skull & bones#The Division Heartland#Ubisoft
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New Cuts in the World of Jewelry Marketing
New Cuts in the World of Jewelry Marketing
Recently, weâve been tracking the changing tides of the jewelry industry. From heaps of high-power celebrity collaborations to explosive trends rising out of TikTok, new rules of engagement have begun taking shape. Weâve seen countless campaigns directed at Millennials and Gen Z, reflecting the moves to attract a younger audience and stay relevant amongst a shifting cultural landscape. A majorâŠ
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#Beyoncé Knowles-Carter and Jay-Z for Tiffany & Co.#Cartier x Finneas#Frank Ocean&039;s Homer#Pandora Colors Campaign#Tiffany & Co. x The Carters
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Lulu links and reviews: more on Pandoraâs Box
Lulu links and reviews: more on Pandoraâs Box
Exciting news! I was on Nitrateville Radio this week! I had a very enjoyable chat with Mike Gebert of Nitrateville about Pandoraâs Box on the excellent Nitrateville Radio podcast. You should all be subscribed to his podcast by now, but if not, hereâs a link to the episode I appeared in. And Americans, this is where you can order my BFI Film Classic on Pandoraâs Box. While weâre on, I want to sayâŠ
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Pixar Fest Time! - DISNEY Reporter
Pixar Fest Time! â DISNEYÂ Reporter
Welcome to this weekâs edition of DISNEY Reporter! This week there is a lot going on in the Disney and geek communities. The biggest story of the week has to be the opening of Pixar Fest at the Disneyland Resort though. DAPSMAGIC has full coverage of this special event that will run through September 3, 2018. Other highlights covered this week include the Pirates & Princess at Disneyland Paris,âŠ
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#DAPs Magic#Disney#Disney California Adventure#Disney REPORTER#Disney&039;s Animal Kingdom#Disneyland#Disneyland Paris#Disneyland Resort#Fireworks#guide#Incredibles 2#Marvel Cinematic Universe#Mr. DAPs#News#Paint the Night#Pandora#Parade#Pirates & Princesses#Pixar Fest#Pixar Play Parade#Solo: A Star Wars Story#Together Forever#Walt Disney World Resort
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How Netflix Opened Up Pandora's Box With 'Bird Box'
New Post has been published on http://webhostingtop3.com/how-netflix-opened-up-pandoras-box-with-bird-box/
How Netflix Opened Up Pandora's Box With 'Bird Box'
Any investor in Netflix (NASDAQ:NFLX) knows the standard touch-points that are frequently hit on by analysts â lack of ratings info, a perceived over-spending on shows and the companyâs long-standing quest to conquer the movie industry chief among them. When any news tied to any of those areas comes out, it is like catnip to the media.
Granted thatâs the point.
Netflix is one of the rare companies that can subscribe to the âany coverage is good coverageâ mantra as they just enjoy being in the conversation. As analysts have seen, it thrives off of speculation and conjecture because everyone knows it wonât comment so it just creates more and more buzz around the content.
Yet in the case of Bird Box, something new happened. The company DID respond and put out actual data on viewing, but more importantly, it then ELABORATED on that data giving investors a rare glimpse behind the curtain â which ultimately just created more questions. It is infuriating.
Though, itâs also brilliant.
Netflix has again managed to reveal âjustâ enough to spark a new conversation but not enough to reveal anything to give their rivals any type of edge. Or did they? Thatâs the question investors and analysts are scrambling to make sense of and overall itâs a fascinating situation.
First, as always, some background.
Netflixâs goal to be as dominant in film as it is in television is well-documented. The problem is largely two-fold. Part of it is the film industry is well aware of how the TV industry basically sold itself out of power and the other half is the company under-estimated the power of a shared experience like going to the movies.
However, over the last few years, Netflix has doubled down on their efforts by recruiting top tier talent like The Coen Brothers, Martin Scorsese, Alfonso Cuaron, Will Smith, Adam Sandler and most recently Sandra Bullock.
Bullock is one of the most beloved actresses of the modern era. Not only is she talented, but sheâs gone through the fire and came out unscathed. Sheâs as versatile as she is intelligent. The feeling with former Universal executive turned Netflix film czar Scott Stuber was that audiences would flock to her films whatever the medium.
And he was right.
According to Netflix, her latest project Bird Box (which he brought over with him) was viewed by 45,037,125 subscribers â a new record for a Netflix movie over its first seven days. The problem is that not only is that number oddly specific, it is mind-boggling. If taken on the surface, that would mean roughly 1/3 of all Netflix subscribers watched the film.
Now some people have taken this to the extreme and tried to put a dollar value to it, which is even more absurd and investors should pay it no mind. The logic is that if you take that total and multiply it by the price of a movie ticket (roughly $ 9.16), then Bird Box would have made around $ 413 million at the box office.
To give you a comparison thatâs Star Wars: The Force Awakens type money.
Again, that is ludicrous and even Netflix would never be so bold to infer that (though it has come close in past instances). Not only is it nowhere near an apples-to-apples comparison, but it also furthers the narrative and Netflix knows that so it has no reason to even attempt to set the record straight.
What was so unique this time, though, was many media outlets asked for more information and instead of the usual answer of some clever way of saying âno comment,â Netflix actually commented. The company specified the number came from the number of accounts that surpassed 70% of the runtime and clarified it counted every account once (so the number didnât include any repeat viewings).
Hereâs the rub â thatâs where the info stopped and from there itâs down the same rabbit hole as before. Netflix once again successfully chummed the waters and then let the feeding frenzy ensue. By answering questions, it actually opened the door to more questions which is a practice investors in the industry in this area are very familiar with by this point.
Personally, my biggest question is why 70%? Wouldnât you try to find a number like 75% which represents 3/4 of the film or even 50/51% to show that people watched at least half the movie? 70% just seems like an odd choice and it makes me wonder how precipitous the drop-off was at 75% that they wouldnât use it? Or was it the opposite and too high of a number to be believable? Not that 45 million is believable either, but thatâs expected when talking about Netflix which makes claims that they have no intention of backing up.
And thatâs also the point.
Weâve reached a new world where companies donât have to be held to the same standards as others and it creates a Wild West of sorts. Investors can enjoy the windfall now, but they also need to just be warned this is a dangerous game Netflix is playing in the long-run. They opened Pandoraâs Box and right now it is benefiting them, but it is only a matter of time until it backfires.
The problem is one of these days Netflix is going to make a claim that it canât walk back and it may have already done that here. It basically defined what the company counts as a âviewâ, and while itâs not anywhere near the full secret sauce, itâs an ingredient that wonât go unnoticed. In fact, the company has already taken steps to put safeguards in place as they have told media this info applies only to Bird Box and it âshould not be taken as a metric for all Netflix content.â
How does that work?
No seriously, how does that work? Does that mean it counts views at 70% of run-time for movies, but not TV series? Or does that mean it counts views at whatever percent helps its case more? Again, because thereâs no checks and balance, they donât have to answer that question. Or any follow-ups.
Yet, what is unfortunately buried in this whole thing is that if you take the numbers out of this for a second, youâll see a movie starring a talented actress and directed by a gifted female director (Emmy-winner Susanne Bier) was able to garner this type of positive response from the public. We should just take a second to recognize that as in this day and age it is sadly a rarity. These women deserve an immense amount of credit for the work they shepherded.
To be fair, it is also a statement to the industry by Netflix that it is willing to be a change-maker in that regard â but by not releasing verifiable numbers, it doesnât do people like Bier a lot of good when making future deals. Thatâs also part of the reason why Crazy Rich Asiansâ writer Kevin Kwan picked a traditional studio over Netflix when selling the film rights. He wanted to have something concrete he could show the industry as proof that American audiences will see a movie headlined entirely by Asian actors â but thatâs a story for another day.
For now, yes it looks like itâs Netflixâs world now and we are just living in it, but investors shouldnât drink the Kool-Aid without realizing thereâs likely more to these stories that we donât know and more we should know that can help better the industry.
The Hollywood Reporterâs Daniel Feinberg may have summed it up the best:
âIâm fairly sure Bird Box is a phenomenon of some sort, but without verifiable data or comparative data for context, a Netflix-affiliated Twitter feed coming down from on-high with suspiciously specific (and yet entirely vague) data is the epitome of nonsense.â
And by the way, phenomenon is a good way to describe it as this week Netflix again took to Twitter, but this time to ask its viewers NOT to partake in what has been dubbed the Bird Box challenge. Because the Internet is the Internet, social media users decided to see which everyday tasks they could accomplish while blindfolded (as the characters are for most of the film).
Hint, it did not go well.
Regardless, the fact remains the movie hit the mark for Netflix, and numbers aside, it did exactly what it was intended to do â start a conversation.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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How Netflix Opened Up Pandora's Box With 'Bird Box'
New Post has been published on http://webhostingtop3.com/how-netflix-opened-up-pandoras-box-with-bird-box/
How Netflix Opened Up Pandora's Box With 'Bird Box'
Any investor in Netflix (NASDAQ:NFLX) knows the standard touch-points that are frequently hit on by analysts â lack of ratings info, a perceived over-spending on shows and the companyâs long-standing quest to conquer the movie industry chief among them. When any news tied to any of those areas comes out, it is like catnip to the media.
Granted thatâs the point.
Netflix is one of the rare companies that can subscribe to the âany coverage is good coverageâ mantra as they just enjoy being in the conversation. As analysts have seen, it thrives off of speculation and conjecture because everyone knows it wonât comment so it just creates more and more buzz around the content.
Yet in the case of Bird Box, something new happened. The company DID respond and put out actual data on viewing, but more importantly, it then ELABORATED on that data giving investors a rare glimpse behind the curtain â which ultimately just created more questions. It is infuriating.
Though, itâs also brilliant.
Netflix has again managed to reveal âjustâ enough to spark a new conversation but not enough to reveal anything to give their rivals any type of edge. Or did they? Thatâs the question investors and analysts are scrambling to make sense of and overall itâs a fascinating situation.
First, as always, some background.
Netflixâs goal to be as dominant in film as it is in television is well-documented. The problem is largely two-fold. Part of it is the film industry is well aware of how the TV industry basically sold itself out of power and the other half is the company under-estimated the power of a shared experience like going to the movies.
However, over the last few years, Netflix has doubled down on their efforts by recruiting top tier talent like The Coen Brothers, Martin Scorsese, Alfonso Cuaron, Will Smith, Adam Sandler and most recently Sandra Bullock.
Bullock is one of the most beloved actresses of the modern era. Not only is she talented, but sheâs gone through the fire and came out unscathed. Sheâs as versatile as she is intelligent. The feeling with former Universal executive turned Netflix film czar Scott Stuber was that audiences would flock to her films whatever the medium.
And he was right.
According to Netflix, her latest project Bird Box (which he brought over with him) was viewed by 45,037,125 subscribers â a new record for a Netflix movie over its first seven days. The problem is that not only is that number oddly specific, it is mind-boggling. If taken on the surface, that would mean roughly 1/3 of all Netflix subscribers watched the film.
Now some people have taken this to the extreme and tried to put a dollar value to it, which is even more absurd and investors should pay it no mind. The logic is that if you take that total and multiply it by the price of a movie ticket (roughly $ 9.16), then Bird Box would have made around $ 413 million at the box office.
To give you a comparison thatâs Star Wars: The Force Awakens type money.
Again, that is ludicrous and even Netflix would never be so bold to infer that (though it has come close in past instances). Not only is it nowhere near an apples-to-apples comparison, but it also furthers the narrative and Netflix knows that so it has no reason to even attempt to set the record straight.
What was so unique this time, though, was many media outlets asked for more information and instead of the usual answer of some clever way of saying âno comment,â Netflix actually commented. The company specified the number came from the number of accounts that surpassed 70% of the runtime and clarified it counted every account once (so the number didnât include any repeat viewings).
Hereâs the rub â thatâs where the info stopped and from there itâs down the same rabbit hole as before. Netflix once again successfully chummed the waters and then let the feeding frenzy ensue. By answering questions, it actually opened the door to more questions which is a practice investors in the industry in this area are very familiar with by this point.
Personally, my biggest question is why 70%? Wouldnât you try to find a number like 75% which represents 3/4 of the film or even 50/51% to show that people watched at least half the movie? 70% just seems like an odd choice and it makes me wonder how precipitous the drop-off was at 75% that they wouldnât use it? Or was it the opposite and too high of a number to be believable? Not that 45 million is believable either, but thatâs expected when talking about Netflix which makes claims that they have no intention of backing up.
And thatâs also the point.
Weâve reached a new world where companies donât have to be held to the same standards as others and it creates a Wild West of sorts. Investors can enjoy the windfall now, but they also need to just be warned this is a dangerous game Netflix is playing in the long-run. They opened Pandoraâs Box and right now it is benefiting them, but it is only a matter of time until it backfires.
The problem is one of these days Netflix is going to make a claim that it canât walk back and it may have already done that here. It basically defined what the company counts as a âviewâ, and while itâs not anywhere near the full secret sauce, itâs an ingredient that wonât go unnoticed. In fact, the company has already taken steps to put safeguards in place as they have told media this info applies only to Bird Box and it âshould not be taken as a metric for all Netflix content.â
How does that work?
No seriously, how does that work? Does that mean it counts views at 70% of run-time for movies, but not TV series? Or does that mean it counts views at whatever percent helps its case more? Again, because thereâs no checks and balance, they donât have to answer that question. Or any follow-ups.
Yet, what is unfortunately buried in this whole thing is that if you take the numbers out of this for a second, youâll see a movie starring a talented actress and directed by a gifted female director (Emmy-winner Susanne Bier) was able to garner this type of positive response from the public. We should just take a second to recognize that as in this day and age it is sadly a rarity. These women deserve an immense amount of credit for the work they shepherded.
To be fair, it is also a statement to the industry by Netflix that it is willing to be a change-maker in that regard â but by not releasing verifiable numbers, it doesnât do people like Bier a lot of good when making future deals. Thatâs also part of the reason why Crazy Rich Asiansâ writer Kevin Kwan picked a traditional studio over Netflix when selling the film rights. He wanted to have something concrete he could show the industry as proof that American audiences will see a movie headlined entirely by Asian actors â but thatâs a story for another day.
For now, yes it looks like itâs Netflixâs world now and we are just living in it, but investors shouldnât drink the Kool-Aid without realizing thereâs likely more to these stories that we donât know and more we should know that can help better the industry.
The Hollywood Reporterâs Daniel Feinberg may have summed it up the best:
âIâm fairly sure Bird Box is a phenomenon of some sort, but without verifiable data or comparative data for context, a Netflix-affiliated Twitter feed coming down from on-high with suspiciously specific (and yet entirely vague) data is the epitome of nonsense.â
And by the way, phenomenon is a good way to describe it as this week Netflix again took to Twitter, but this time to ask its viewers NOT to partake in what has been dubbed the Bird Box challenge. Because the Internet is the Internet, social media users decided to see which everyday tasks they could accomplish while blindfolded (as the characters are for most of the film).
Hint, it did not go well.
Regardless, the fact remains the movie hit the mark for Netflix, and numbers aside, it did exactly what it was intended to do â start a conversation.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Tech
0 notes
Text
How Netflix Opened Up Pandora's Box With 'Bird Box'
New Post has been published on http://webhostingtop3.com/how-netflix-opened-up-pandoras-box-with-bird-box/
How Netflix Opened Up Pandora's Box With 'Bird Box'
Any investor in Netflix (NASDAQ:NFLX) knows the standard touch-points that are frequently hit on by analysts â lack of ratings info, a perceived over-spending on shows and the companyâs long-standing quest to conquer the movie industry chief among them. When any news tied to any of those areas comes out, it is like catnip to the media.
Granted thatâs the point.
Netflix is one of the rare companies that can subscribe to the âany coverage is good coverageâ mantra as they just enjoy being in the conversation. As analysts have seen, it thrives off of speculation and conjecture because everyone knows it wonât comment so it just creates more and more buzz around the content.
Yet in the case of Bird Box, something new happened. The company DID respond and put out actual data on viewing, but more importantly, it then ELABORATED on that data giving investors a rare glimpse behind the curtain â which ultimately just created more questions. It is infuriating.
Though, itâs also brilliant.
Netflix has again managed to reveal âjustâ enough to spark a new conversation but not enough to reveal anything to give their rivals any type of edge. Or did they? Thatâs the question investors and analysts are scrambling to make sense of and overall itâs a fascinating situation.
First, as always, some background.
Netflixâs goal to be as dominant in film as it is in television is well-documented. The problem is largely two-fold. Part of it is the film industry is well aware of how the TV industry basically sold itself out of power and the other half is the company under-estimated the power of a shared experience like going to the movies.
However, over the last few years, Netflix has doubled down on their efforts by recruiting top tier talent like The Coen Brothers, Martin Scorsese, Alfonso Cuaron, Will Smith, Adam Sandler and most recently Sandra Bullock.
Bullock is one of the most beloved actresses of the modern era. Not only is she talented, but sheâs gone through the fire and came out unscathed. Sheâs as versatile as she is intelligent. The feeling with former Universal executive turned Netflix film czar Scott Stuber was that audiences would flock to her films whatever the medium.
And he was right.
According to Netflix, her latest project Bird Box (which he brought over with him) was viewed by 45,037,125 subscribers â a new record for a Netflix movie over its first seven days. The problem is that not only is that number oddly specific, it is mind-boggling. If taken on the surface, that would mean roughly 1/3 of all Netflix subscribers watched the film.
Now some people have taken this to the extreme and tried to put a dollar value to it, which is even more absurd and investors should pay it no mind. The logic is that if you take that total and multiply it by the price of a movie ticket (roughly $ 9.16), then Bird Box would have made around $ 413 million at the box office.
To give you a comparison thatâs Star Wars: The Force Awakens type money.
Again, that is ludicrous and even Netflix would never be so bold to infer that (though it has come close in past instances). Not only is it nowhere near an apples-to-apples comparison, but it also furthers the narrative and Netflix knows that so it has no reason to even attempt to set the record straight.
What was so unique this time, though, was many media outlets asked for more information and instead of the usual answer of some clever way of saying âno comment,â Netflix actually commented. The company specified the number came from the number of accounts that surpassed 70% of the runtime and clarified it counted every account once (so the number didnât include any repeat viewings).
Hereâs the rub â thatâs where the info stopped and from there itâs down the same rabbit hole as before. Netflix once again successfully chummed the waters and then let the feeding frenzy ensue. By answering questions, it actually opened the door to more questions which is a practice investors in the industry in this area are very familiar with by this point.
Personally, my biggest question is why 70%? Wouldnât you try to find a number like 75% which represents 3/4 of the film or even 50/51% to show that people watched at least half the movie? 70% just seems like an odd choice and it makes me wonder how precipitous the drop-off was at 75% that they wouldnât use it? Or was it the opposite and too high of a number to be believable? Not that 45 million is believable either, but thatâs expected when talking about Netflix which makes claims that they have no intention of backing up.
And thatâs also the point.
Weâve reached a new world where companies donât have to be held to the same standards as others and it creates a Wild West of sorts. Investors can enjoy the windfall now, but they also need to just be warned this is a dangerous game Netflix is playing in the long-run. They opened Pandoraâs Box and right now it is benefiting them, but it is only a matter of time until it backfires.
The problem is one of these days Netflix is going to make a claim that it canât walk back and it may have already done that here. It basically defined what the company counts as a âviewâ, and while itâs not anywhere near the full secret sauce, itâs an ingredient that wonât go unnoticed. In fact, the company has already taken steps to put safeguards in place as they have told media this info applies only to Bird Box and it âshould not be taken as a metric for all Netflix content.â
How does that work?
No seriously, how does that work? Does that mean it counts views at 70% of run-time for movies, but not TV series? Or does that mean it counts views at whatever percent helps its case more? Again, because thereâs no checks and balance, they donât have to answer that question. Or any follow-ups.
Yet, what is unfortunately buried in this whole thing is that if you take the numbers out of this for a second, youâll see a movie starring a talented actress and directed by a gifted female director (Emmy-winner Susanne Bier) was able to garner this type of positive response from the public. We should just take a second to recognize that as in this day and age it is sadly a rarity. These women deserve an immense amount of credit for the work they shepherded.
To be fair, it is also a statement to the industry by Netflix that it is willing to be a change-maker in that regard â but by not releasing verifiable numbers, it doesnât do people like Bier a lot of good when making future deals. Thatâs also part of the reason why Crazy Rich Asiansâ writer Kevin Kwan picked a traditional studio over Netflix when selling the film rights. He wanted to have something concrete he could show the industry as proof that American audiences will see a movie headlined entirely by Asian actors â but thatâs a story for another day.
For now, yes it looks like itâs Netflixâs world now and we are just living in it, but investors shouldnât drink the Kool-Aid without realizing thereâs likely more to these stories that we donât know and more we should know that can help better the industry.
The Hollywood Reporterâs Daniel Feinberg may have summed it up the best:
âIâm fairly sure Bird Box is a phenomenon of some sort, but without verifiable data or comparative data for context, a Netflix-affiliated Twitter feed coming down from on-high with suspiciously specific (and yet entirely vague) data is the epitome of nonsense.â
And by the way, phenomenon is a good way to describe it as this week Netflix again took to Twitter, but this time to ask its viewers NOT to partake in what has been dubbed the Bird Box challenge. Because the Internet is the Internet, social media users decided to see which everyday tasks they could accomplish while blindfolded (as the characters are for most of the film).
Hint, it did not go well.
Regardless, the fact remains the movie hit the mark for Netflix, and numbers aside, it did exactly what it was intended to do â start a conversation.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Tech
0 notes
Text
How Netflix Opened Up Pandora's Box With 'Bird Box'
New Post has been published on http://webhostingtop3.com/how-netflix-opened-up-pandoras-box-with-bird-box/
How Netflix Opened Up Pandora's Box With 'Bird Box'
Any investor in Netflix (NASDAQ:NFLX) knows the standard touch-points that are frequently hit on by analysts â lack of ratings info, a perceived over-spending on shows and the companyâs long-standing quest to conquer the movie industry chief among them. When any news tied to any of those areas comes out, it is like catnip to the media.
Granted thatâs the point.
Netflix is one of the rare companies that can subscribe to the âany coverage is good coverageâ mantra as they just enjoy being in the conversation. As analysts have seen, it thrives off of speculation and conjecture because everyone knows it wonât comment so it just creates more and more buzz around the content.
Yet in the case of Bird Box, something new happened. The company DID respond and put out actual data on viewing, but more importantly, it then ELABORATED on that data giving investors a rare glimpse behind the curtain â which ultimately just created more questions. It is infuriating.
Though, itâs also brilliant.
Netflix has again managed to reveal âjustâ enough to spark a new conversation but not enough to reveal anything to give their rivals any type of edge. Or did they? Thatâs the question investors and analysts are scrambling to make sense of and overall itâs a fascinating situation.
First, as always, some background.
Netflixâs goal to be as dominant in film as it is in television is well-documented. The problem is largely two-fold. Part of it is the film industry is well aware of how the TV industry basically sold itself out of power and the other half is the company under-estimated the power of a shared experience like going to the movies.
However, over the last few years, Netflix has doubled down on their efforts by recruiting top tier talent like The Coen Brothers, Martin Scorsese, Alfonso Cuaron, Will Smith, Adam Sandler and most recently Sandra Bullock.
Bullock is one of the most beloved actresses of the modern era. Not only is she talented, but sheâs gone through the fire and came out unscathed. Sheâs as versatile as she is intelligent. The feeling with former Universal executive turned Netflix film czar Scott Stuber was that audiences would flock to her films whatever the medium.
And he was right.
According to Netflix, her latest project Bird Box (which he brought over with him) was viewed by 45,037,125 subscribers â a new record for a Netflix movie over its first seven days. The problem is that not only is that number oddly specific, it is mind-boggling. If taken on the surface, that would mean roughly 1/3 of all Netflix subscribers watched the film.
Now some people have taken this to the extreme and tried to put a dollar value to it, which is even more absurd and investors should pay it no mind. The logic is that if you take that total and multiply it by the price of a movie ticket (roughly $ 9.16), then Bird Box would have made around $ 413 million at the box office.
To give you a comparison thatâs Star Wars: The Force Awakens type money.
Again, that is ludicrous and even Netflix would never be so bold to infer that (though it has come close in past instances). Not only is it nowhere near an apples-to-apples comparison, but it also furthers the narrative and Netflix knows that so it has no reason to even attempt to set the record straight.
What was so unique this time, though, was many media outlets asked for more information and instead of the usual answer of some clever way of saying âno comment,â Netflix actually commented. The company specified the number came from the number of accounts that surpassed 70% of the runtime and clarified it counted every account once (so the number didnât include any repeat viewings).
Hereâs the rub â thatâs where the info stopped and from there itâs down the same rabbit hole as before. Netflix once again successfully chummed the waters and then let the feeding frenzy ensue. By answering questions, it actually opened the door to more questions which is a practice investors in the industry in this area are very familiar with by this point.
Personally, my biggest question is why 70%? Wouldnât you try to find a number like 75% which represents 3/4 of the film or even 50/51% to show that people watched at least half the movie? 70% just seems like an odd choice and it makes me wonder how precipitous the drop-off was at 75% that they wouldnât use it? Or was it the opposite and too high of a number to be believable? Not that 45 million is believable either, but thatâs expected when talking about Netflix which makes claims that they have no intention of backing up.
And thatâs also the point.
Weâve reached a new world where companies donât have to be held to the same standards as others and it creates a Wild West of sorts. Investors can enjoy the windfall now, but they also need to just be warned this is a dangerous game Netflix is playing in the long-run. They opened Pandoraâs Box and right now it is benefiting them, but it is only a matter of time until it backfires.
The problem is one of these days Netflix is going to make a claim that it canât walk back and it may have already done that here. It basically defined what the company counts as a âviewâ, and while itâs not anywhere near the full secret sauce, itâs an ingredient that wonât go unnoticed. In fact, the company has already taken steps to put safeguards in place as they have told media this info applies only to Bird Box and it âshould not be taken as a metric for all Netflix content.â
How does that work?
No seriously, how does that work? Does that mean it counts views at 70% of run-time for movies, but not TV series? Or does that mean it counts views at whatever percent helps its case more? Again, because thereâs no checks and balance, they donât have to answer that question. Or any follow-ups.
Yet, what is unfortunately buried in this whole thing is that if you take the numbers out of this for a second, youâll see a movie starring a talented actress and directed by a gifted female director (Emmy-winner Susanne Bier) was able to garner this type of positive response from the public. We should just take a second to recognize that as in this day and age it is sadly a rarity. These women deserve an immense amount of credit for the work they shepherded.
To be fair, it is also a statement to the industry by Netflix that it is willing to be a change-maker in that regard â but by not releasing verifiable numbers, it doesnât do people like Bier a lot of good when making future deals. Thatâs also part of the reason why Crazy Rich Asiansâ writer Kevin Kwan picked a traditional studio over Netflix when selling the film rights. He wanted to have something concrete he could show the industry as proof that American audiences will see a movie headlined entirely by Asian actors â but thatâs a story for another day.
For now, yes it looks like itâs Netflixâs world now and we are just living in it, but investors shouldnât drink the Kool-Aid without realizing thereâs likely more to these stories that we donât know and more we should know that can help better the industry.
The Hollywood Reporterâs Daniel Feinberg may have summed it up the best:
âIâm fairly sure Bird Box is a phenomenon of some sort, but without verifiable data or comparative data for context, a Netflix-affiliated Twitter feed coming down from on-high with suspiciously specific (and yet entirely vague) data is the epitome of nonsense.â
And by the way, phenomenon is a good way to describe it as this week Netflix again took to Twitter, but this time to ask its viewers NOT to partake in what has been dubbed the Bird Box challenge. Because the Internet is the Internet, social media users decided to see which everyday tasks they could accomplish while blindfolded (as the characters are for most of the film).
Hint, it did not go well.
Regardless, the fact remains the movie hit the mark for Netflix, and numbers aside, it did exactly what it was intended to do â start a conversation.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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2018âs Highest Grossing iPhone Apps Are Half American & Half Chinese The trade-warring countries are tied at 5. Most apps are free, but they still make money. A lot of it, too.Â
#$$$#2018&039;s Highest Grossing iPhone Apps Are Half American & Half Chinese#apple#apps#Breaking News#Entertainment#Hot New Hip Hop#Hulu#Iphone#iqiyi#kwai#netflix#News#pandora#Reviews#tencent#tinder#top apps#top ten#youtube
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2018 Holiday Gift Guide: PANDORA Jewelry & The Christmas Spectacular Starring The Radio City Rockettes Announce PANDORA As The Official Jewelry Partner For The Second Consecutive Year
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PANDORA Jewelry Debuts Two Seasonal Mementos Featuring PANDORAâs Signature Charms: âRadio City Music Hall Charm and Ceramic Boxâ and â2018 Exclusive Holiday Charm and Ornament Gift Set,â Inspired By The Glamour Of The Radio City Rockettes
PANDORA Jewelry and The Christmas Spectacular Starring the Radio City Rockettes, presented by Chase, have announced that for the second consecutive year,âŠ
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#ANDORA Jewelry & The Christmas Spectacular Starring The Radio City Rockettes Announce PANDORA As The Official Jewelry Partner For The Se#Pandora Jewelry#PANDORA&039;s Signature Charm &039;Radio City Music Hall Charm and Ceramic Box&039;#The Christmas Spectacular Starring The Radio City Rockettes
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Pandora Names Sling TV's Lynch as New CEO
Pandora Names Sling TV's Lynch as New CEO
Pandora Media Inc. said former Sling TV Chief Executive Roger Lynch will lead the Internet-radio company as it faces an increasingly competitive landscape. Mr. Lynch will take the helm Sept. 18, when he will also join the companyâs board. Naveen Chopra, who has served as interim CEO since June, will continue as chief financial officer. ⊠Letâs block ads! (Why?) ⊠WSJ.com: US Business
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Coming this Summer to Walt Disney World Resort
Coming this Summer to Walt Disney World Resort
This summer season, guests can discover a magical mix of new and unforgettable experiences throughout Walt Disney World Resort, with an all-new land and evening show at Disneyâs Animal Kingdom, a dazzling new show at Magic Kingdom Park, epic entertainment at Disneyâs Hollywood Studios and world-class dining at Disney Springs. Â These and more are coming this summer to Walt Disney World Resort.
HerâŠ
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#Disney#Entertainment#Family#Kids#Avatar Flight of Passage#Disney Springs#Disney&039;s Blizzard Beach#Disney&039;s Copper Creek Villas & Cabins#Disney&039;s Typhoon Lagoon#Family Travel#Happily Ever After#Na&039;vi River Journey#Pandora#Rivers of Light#Star Wars#Summer at Walt Disney World#The Music of Pixar Live#Walt Disney World#Walt Disney World Resort
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Mother's Day Wishlist
Motherâs Day Wishlist
Motherâs Day Wishlist
Oh yeah! Itâs nearly time for the Festival of Family Love we like to call Motherâs Day!
Breakfast in bed, lovely lunches, fresh flowers, a pressie or two, but most of all, lots of family time. Â Itâs all about mama!
Motherâs Day is a few days after our wedding anniversary so itâs extra special in our family. Â Fifteen years this year. Â Dear gods, we are old.
Iâve pulledâŠ
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#Bad Ass Mother cup#Kenzie Collective#Marc Jacobs Beauty#Miss Monogram#Mother&039;s Day wishlist#Pandora#Peter Alexander bunny slippers#Peter Alexander Wonder Woman#Ruby & Lilli scarf#Sephora#Shopbop#Wardrobe Wednesday
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Billboard Adds Pandora Streaming To Its Charts
Billboard Adds Pandora Streaming To Its Charts
Billboard, the leading global destination for charts, news, business, lifestyle and innovations in music, and Pandora (NYSE: P), the go-to music source for fans and artists, today announced an exclusive agreement that will add influential Pandora streaming data to the BillboardHot 100, the worldâs preeminent songs chart. The Hot 100 ranks the weekâs most popular songs across all genres,âŠ
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#among others. Pandora data will be incorporated into the Billboard charts and revealed on Billboard.com on Tuesday#and Hot 100 formula-based genre rankings such as Hot Country Songs#and Pandora (NYSE: P)#as measured by Nielsen Music. In addition#Billboard#business#determined by a formula blending track sales#Hot Latin Songs#Hot R&B/Hip-Hop Songs#Hot Rock Songs and Hot Dance/Electronic Songs#January 31 (for charts dated February 11). Pandora data positively impacts nearly 40 titles on the Billboard Hot 100#lifestyle and innovations in music#News#Pandora will also impact various streaming-based charts#radio airplay and streaming#the go-to music source for fans and artists#the leading global destination for charts#the world&039;s preeminent songs chart. The Hot 100 ranks the week&039;s most popular songs across all genres#today announced an exclusive agreement that will add influential Pandora streaming data to the Billboard Hot 100
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