Is Netflix Killing the Film Industry?
by Ariane17 on February 16, 2014 - 7:31pm
For many years, people have been concerned about the fate of the music industry as more and more internet users download or stream songs illegally. Since the arrival of Netflix and similar services, it is the movie industry that is being targeted. When I came across the article linked below, it made me reflect on the way Netflix is starting to revolutionize the film industry and its economy. My family and I use the service and enjoy it.
Should Netflix and similar services exist?
Yes, I think the Netflix service should continue to exist. The world is constantly evolving, therefore industries need to adapt and find new ways to make profit. Back in the early 2000s when many people made the switch from VHS to DVD, many films and VHS players probably remained unsold. Furthermore, companies that made VSH players had to start making DVD players and movies now had to be produced on DVDs. I truly believe the film industry will find a way to adapt again as a lot less movies will be produced if it doesn’t. If some studios really do not wish to have their films on Netflix, they might decide not to sell their rights to the service.
Some might argue that Netflix is becoming popular because people don’t think they are doing anything wrong for the movie industry. In fact, since it is a payable service, they feel better about using it than going to an illegal streaming website. However, this causes disc sales to go down annually as people can watch a movie on Netflix an unlimited amount of time like they can with a DVD. Moreover, films usually make the most money as new releases, but "[w]hile new releases won't appear on Netflix for years, users are okay with waiting until they do." Netflix is changing the movie business as we know it.
Should the film industry find new innovative ways to compete with Neflix or even try to shut it down? Do you think Netflix is a good thing or not?