this post was submitted on 27 Jun 2024
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Netflix, once a pioneer of ad-free viewing that offered a break from traditional TV norms, is now contemplating launching free ad-supported versions of its service in markets like Europe and Asia, Bloomberg reported.

The plans to offer a free ad-supported tier, albeit in select markets, suggests that pivot towards monetizing user data, in other words — making users and not the extensive library of award-winning shows a product, might be well in the pipeline.

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[–] Lost_My_Mind@lemmy.world 8 points 4 months ago (1 children)

.........betamax as a giant? They entered a format war, and died in their first few years of existance.

The others I get. Kodak was around almost 100 years, blockbuster nearly 40, both at one time the dominant leaders of their industries. Both fell to failing to adapt to change.

But betamax? It came out around the same time as vhs, and vhs was cheaper.

Same with 8-tracks and cassettes.

[–] stevedidwhat_infosec@infosec.pub 2 points 4 months ago

I mean, my point still stands but if we want to talk about semantics - are you saying betamax wasn’t a giant?

Obviously they entered the vhs war and lost, but after that it was pretty much downhill for the rest of their company and products. They were a big name brand and crashed out by entering a war they ultimately lost. That’s all I’m tryin to get at