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by patrickthebold 825 days ago
I think your are missing the GPs point. Netflix, of course, started with mailing dvds and recently ended it. As far as I know, it was always profitable. Unfortunately being profitable is not the same as "worth investing", investors are chasing the highest returns and won't invest in something with a low return on investment.

You are kind moving the goal posts with your first statement "If that was profitable, the service you describe would not have shuttered." and this one.
2 comments
andsoitis 825 days ago
The trend has been clear for a long time. The future is a streaming, not physical media. Profitability is necessary but not sufficient to be a successful business over the long term, you also need to grow and change according to market dynamics, otherwise you will find yourself dead.
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cfmcdonald 825 days ago
This article is all about how streaming is a big money loser for almost everyone. So it has growth without profitability. I'd rather have profitability without growth.
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dylan604 825 days ago
No, I'm not missing the point. Yes, I said profitable. But let's all agree that profitable doesn't just mean making one dollar more than all of your expenses. By definition, that's making money which is technically profitable, but that's not what anyone would consider a profitable business. So while technically right might be the best right, it's technically useless in this conversation and does nothing to actually move the conversation in a positive direction.

Saying that a company is profitable but not worth the investment is not going to solve the streaming is our only option. We are looking for a solution other than streaming that is still legal so that people do not have to resort to pirating. If you are suggesting that a service providing shiny round discs through the mail or any other brick&mortar Blockbuster or mom&pop video rental solution is going to be profitable to the point of sustaining a business, then there's a bit of realism that needs to be brought back into the conversation. This seems to not be wanted and instead point back to me not understanding what words mean.

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