Do You Need The BBC?

[Magilla]

Well I've attempted to read the article but every time I do a large box appears, obscuring the text, and insisting that "To read the full story, join Business Insider Prime"

 

The text in this box also states:

 

"Good article choice! This is one of the exclusive stories only available with a Business Insider Prime subscription."

 

Then it asks for money, to pay for either a trial month or to join BI Prime for £71 annually.

 

---------- Post added 21-04-2018 at 11:25 ----------

 

 

Insulting and foolish.

 

I can't read the article because it is behind a paywall.

 

http://uk.businessinsider.com/bi-prime-wedbush-pachter-warns-netflixs-content-costs-will-continue-to-rise-2018-4

 

Clearly, like on every issue, you're in your own little reality.

 

I've reposted the link for other readers to see if, once the full page is downloaded, they can read the full article without it being obscured by a request for money.

 

.. and of course... they can!

 

Remind us again how much news, local news, current affairs & radio content netflix makes for the UK market?

Edited April 21, 2018 by Magilla

[Car Boot]

He's right more than he's wrong:-

https://kotaku.com/revisiting-michael-pachters-2013-predictions-for-2016-1790520436 ... and he's not the only one saying it.

 

Michael Pachter is a video games industry analyst whose pronouncements tend to be either really obvious or very wrong. He's not exactly a veritable nostradamus of the media industry, but he might know a bit about video games. Pachter has a similar job to an astrologist, and is about as reliable. His analysis seems entirely limited to what he thinks will make for good sensational headlines, and to help spread his name on the internet when he's quoted by people who really should know better.

 

His visionary pronouncements include:

 

In 2006, He predicted that Nintendo would soon pull-out of the console business. He also claimed that Wii motion controls wouldn't be accepted by the gaming community and that the Wii could not compete with the Xbox 360 and PS3.

 

in 2009 Patcher announced that the PlayStation 3, Xbox 360 and Wii would be the last consoles to ever be released.

 

In 2005, Pachter recommended that investors sell Netflix and buy Blockbuster. He has reiterated this sale advice five times since then. After thirteen years of Pachter being wrong, Netflix stock has gained by 4600%. A lot of investors lost a lot of money by listening to Pachter.

[Magilla]

Michael Pachter is a video games industry analyst whose pronouncements tend to be either really obvious or very wrong. He's not exactly a veritable nostradamus of the media industry, but he might know a bit about video games. Pachter has a similar job to an astrologist, and is about as reliable. His analysis seems entirely limited to what he thinks will make for good sensational headlines, and to help spread his name on the internet when he's quoted by people who really should know better.

 

His visionary pronouncements include:

 

In 2006, He predicted that Nintendo would soon pull-out of the console business. He also claimed that Wii motion controls wouldn't be accepted by the gaming community and that the Wii could not compete with the Xbox 360 and PS3.

 

in 2009 Patcher announced that the PlayStation 3, Xbox 360 and Wii would be the last consoles to ever be released.

 

In 2005, Pachter recommended that investors sell Netflix and buy Blockbuster. He has reiterated this sale advice five times since then. After thirteen years of Pachter being wrong, Netflix stock has gained by 4600%. A lot of investors lost a lot of money by listening to Pachter.

 

The article in question wasn't written by Pachter & he didn't make up the debt figures, they're very real.

 

Desperately trying to kill the wrong messenger to avoid the messge ...

 

Remind us again how much news, local news, current affairs & radio content netflix makes for the UK market?

Edited April 21, 2018 by Magilla

[Car Boot]

Pachter didn't make up the debt figures, they're very real. Desperately trying to kill the messenger to avoid the messge doesn't change that...

 

Remind us again how much news, local news, current affairs & radio content netflix makes for the UK market?

 

The BBC has said that for the first time it has found that 15 to 34 year-olds spend more time listening to streaming music services than all of BBC radio combined.

 

As regards Netflix, it is especially good at one thing. Far, far better than the BBC in fact when it comes to planning ahead. Netflix started planning six years ago for studios like Disney and Fox to split off and become rival streaming providers. Netflix is spending big to eventually have 50% of its content original. Subscriber growth is Netflix’s most important goal.

 

BBC Director General, Tony Hall, in a speech on the BBC recently stated: “The global media landscape is going to be dominated by four, perhaps five, businesses on the west coast of America in the years to come. Companies with extraordinary technical, financial and creative firepower."

 

Companies that are funded by voluntary subscription. Not a TV tax.

[andyofborg]

The BBC has said that for the first time it has found that 15 to 34 year-olds spend more time listening to streaming music services than all of BBC radio combined.

 

As regards Netflix, it is especially good at one thing. Far, far better than the BBC in fact when it comes to planning ahead. Netflix started planning six years ago for studios like Disney and Fox to split off and become rival streaming providers. Netflix is spending big to eventually have 50% of its content original. Subscriber growth is Netflix’s most important goal.

 

BBC Director General, Tony Hall, in a speech on the BBC recently stated: “The global media landscape is going to be dominated by four, perhaps five, businesses on the west coast of America in the years to come. Companies with extraordinary technical, financial and creative firepower."

 

Companies that are funded by voluntary subscription. Not a TV tax.

 

 

But are you happy that the media landscape will be dominated by 4 or 5 businesses on the west coast of America?

[Magilla]

The BBC has said that for the first time it has found that 15 to 34 year-olds spend more time listening to streaming music services than all of BBC radio combined.

 

So.. in terms of news, local news, current affairs & radio content Netflix makes for the UK market, that would be "none".

 

As regards Netflix, it is especially good at one thing. Far, far better than the BBC in fact when it comes to planning ahead. Netflix started planning six years ago for studios like Disney and Fox to split off and become rival streaming providers.

 

Well, that's going to increase costs significantly for the end users as they have to subscribe to several services for content.. I guess that's your VFM point busted

 

Netflix is spending big to eventually have 50% of its content original. Subscriber growth is Netflix’s most important goal.

 

A goal that will become harder to achieve as those other services come into being.

 

BBC Director General, Tony Hall, in a speech on the BBC recently stated: “The global media landscape is going to be dominated by four, perhaps five, businesses on the west coast of America in the years to come. Companies with extraordinary technical, financial and creative firepower."

 

Which would inevitably be very bad for the UK, especially post-Brexit.

 

A public service organisation like the BBC is needed now more than ever.

 

Companies that are funded by voluntary subscription. Not a TV tax.

 

And yet, as has been repeatedly shown, in the home countries of the companies that provide these services the BBC is more trusted than their own local providers!

 

I wonder why that might be?

[Car Boot]

But are you happy that the media landscape will be dominated by 4 or 5 businesses on the west coast of America?

 

If I am happy with the situation or not makes little or no difference.

 

The current BBC funding model cannot compete in the modern digital media age. There are many within the BBC that would prefer the iPlayer to be available to an international audience, a voluntary subscription model of funding that would see it compete with Netflix. But the licence fee prevents this.

 

---------- Post added 21-04-2018 at 13:31 ----------

 

And yet, as has been repeatedly shown, in the home countries of the companies that provide these services the BBC is more trusted than their own local providers!

 

I wonder why that might be?

 

Being trusted in polls (with very small samples) will not bring in the extra funding the BBC needs to survive in the modern digital streaming age. You, like many in the BBC, are thinking too small. Too concerned with milking the BBC TV licence fee in its final years for their own benefit rather than imagining a future in which the BBC can take on the huge businesses that will dominate the media landscape funded by voluntary subscribers.

Edited April 21, 2018 by Car Boot

[Magilla]

Being trusted in polls (with very small samples)

 

Lol, you just can't help youself

 

will not bring in the extra funding the BBC needs to survive in the modern digital streaming age.

 

For the moment, no need, the BBC is doing just fine (as demonstrated by your XMas viewing figures link).

 

You, like many in the BBC, are thinking too small. Too concerned with milking the BBC TV licence fee in its final years for their own benefit rather than imagining a future in which the BBC can take on the huge businesses that will dominate the media landscape funded by voluntary subscribers.

 

"huge businesses" that funnel money out of the UK and have no public service obligations. A disaster for the UK.

 

The BBC has unparallelled levels of public trust and perceptions of accuracy and impartiality, something that in a "global Britain" is needed now more than ever.

Edited April 21, 2018 by Magilla

[Car Boot]

For the moment, no need, the BBC is doing just fine (as demonstrated by your XMas viewing figures link).

 

Tony Hall, BBC Director General, doesn't share your cheery optimism for the future of the BBC under the current licence fee model of funding. His recent speech at the launch of the Annual Plan for 2018/19 included:

 

"Just before Christmas, a story broke in the US that showed more clearly than ever before the scale of change going on in the media world. You may remember it. A £45 billion global media company 20th Century Fox decided it was just too small to compete with the big players.

 

Think about that. A £45 billion company with operations that span the globe decided it simply didn’t have the scale or the creative muscle to compete against the likes of Amazon, Apple or Netflix.

 

If a £45 billion company can’t see a way forward, what are the implications for an organisation like the BBC with an annual income just shy of £5 billion? Can we play David to their Goliath?"

 

---------- Post added 21-04-2018 at 16:27 ----------

 

Tony Hall's recent speech at the launch of the Annual Plan for 2018/19 also talked about BBC funding:

 

"...there’s no escaping the fact that funding for original British content is falling. Over the last 8 years funding for our services here in the UK is down nearly 20% in real terms – and we’ve got to make more substantial savings in the years ahead".

 

Yet Tony Hall has stated that the global media landscape is going to be dominated by four, perhaps five, businesses on the west coast of America with extraordinary technical, financial and creative firepower.

 

All funded by voluntary subscription and NOT a BBC TV licence fee that demands money with menaces.

[Magilla]

Tony Hall's recent speech at the launch of the Annual Plan for 2018/19 also talked about BBC funding:

 

"...there’s no escaping the fact that funding for original British content is falling. Over the last 8 years funding for our services here in the UK is down nearly 20% in real terms – and we’ve got to make more substantial savings in the years ahead".

 

That's what happens when your income is frozen for years on end.

 

Yet Tony Hall has stated that the global media landscape is going to be dominated by four, perhaps five, businesses on the west coast of America with extraordinary technical, financial and creative firepower.

 

As before, this is a disaster for UK culture, the UK's creative industries and the UK as a whole. Particularly FTA channels, they'll be decimated.

 

All funded by voluntary subscription and NOT a BBC TV licence fee that demands money with menaces.

 

None of which carry any news, local news, current affairs or virtually anything culturally relevant to the UK.

 

As such, in "Global Britain", organisations such as the BBC are needed more than ever.

Edited April 21, 2018 by Magilla