Verizon to take on Netflix

The Gauntlet has been thrown: Verizon is building a Netflix competitor.

OK I'm skeptical – at this rate the competition is ramping up – but it sounds like they've got a focused plan (movies and kids' shows) and remember they've also got a presence on the new XBox.  So it's not unreasonable – and like Game Stores, it seems we're oddly at a place where people would rather launch a redundant service than miss out.

Takeaways:

  • Netflix is vulnerable, and I think their response will actually be internationalization.
  • OnLive is somewhere in all of this mess, with giant streaming system NO ONE IS TALKING ABOUT.
  • Verizon has a big "captive audience" they can leverage (and more with XBox).
  • Verizon is going to have to hire/employ people to do this – which may mean jobs.  If others jump in on this, more jobs.
  • People are still talking big, not small content.  I'm concerned smaller producers may get squeezed out.

(Oh and side note to Netflix CEO Hastings – do not compare yourself to Bank of America.  Man, I'm starting to feel my faith in Netflix is misplaced – but not enough to suggest you look elsewhere for work.)

Steven Savage

Video Companies: What Keeps You On Top – Or Off The Bottom?

We've been discussing the video wars here (part of the Everything Wars) for quite some time–indeed it seems we started pretty much around the blogs founding. Now, years later, though Netflix still dominates all there are quite a few services – Hulu, Vudu, Amazon.com, possibly even Facebook, and so on.  It seems a lot of people want a piece of the video market, even if they're not quite sure why, how, or what they want.

Now, as noted, Netflix still dominates, and if I may say, rightly so – they've been at this for years and did a good job.  But nothing is forever and there's a lot of competition, lots of current and future legal battles, and always the chance for people to do stupid or smart things.

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