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by sami36 4957 days ago
I wish Netflix would transition fast to an HBO model where they produce their own content. I could see them establishing a kickstarter like content crowd-funding option (opt-in) for say 15 $ / month extra where users would vote on shows, finance them & bring them to life. just imagine what/if scenarios would have played out when "Arrested development" was canceled if we had such an option back then.

My point is, if kickstarter can start raising sums as high a 4 Mil $ for project eternity & 6 Mil $ for Star Citizen, the days when AAA movies could be crowd-funded is not far from us. I'm looking forward to the day when big studios & their greedy shortsightedness get disrupted. The penultimate frontier of disintermediation. fingers crossed

4 comments

They have the American version of "House of Cards", the original version of which is probably one of the best televesion dramas ever made.

Their sitting on a lot of data on both what people say they like, and what they actually watch, and they're no doubt looking to do more content production.

I'm not saying a Kickstarter type model wouldn't work, but keep in mind that one episode of a show like Game of Thrones* can cost around five million dollars to produce.

* http://www.westeros.org/GoT/Features/Entry/3988/

Remember that they also have the exclusive rights to the new season of Arrested Development. So it sounds to me like they are moving in the HBO direction.
You want crowdfunding to address shortsightedness? I don't see these as being compatible.
I want crowd-funding to address consumer choice,editorial & artistic freedom, consumer friendly consumption mechanisms, platform lock-in and profit concentration. Crowdfunding is very much compatible with all of these requirements. Theo only thing standing between us & that world is a few quarters of Kickstarter/ IndieGogo/ Rally/ GoFundme growing their user bases.

Latest Netflix estimates say that 1 episode of Arrested development will cost 1.5 million $. Going with an average rate of 3$ per episode would mean 500,000 average pledges would be enough to fund such an enterprise. (36$ per user per season)

Two games on Kickstarter, Double Fine Adventure/ Star Citizen had a pledger base of about ~90,000 users. We're half an order of magnitude from that. 2~3 years in internet time is an eternity, I'm confident that producing quality content will soon migrate online. I think the studios obsession with piracy & control will soon backfire on them. Google is going after them with premium channels, Amazon & Netflix are both toying with content in-house & Apple has the market power to eventually twist their arms.