| ▲ | djtango 7 hours ago |
| More like how did these companies drop the ball so bad. Most notably Sony which produced TVs, Computers, DVD players, Media Centers. They owned a movie studio and record label. They also have in house expertise with cloud content distribution via PlayStation. Unfortunately for them around the time of Netflix's ascent they were embroiled with all kinds of financial issues but still the mind boggles |
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| ▲ | maeln 6 hours ago | parent | next [-] |
| > Most notably Sony which produced TVs, Computers, DVD players, Media Centers. They owned a movie studio and record label. They also have in house expertise with cloud content distribution via PlayStation. I feel like some of those very diversified company tend to be the one who struggle to evolve and adapt because some part of their business are worried about being cannibalized by the new business opportunity (like how streaming “killed” physical media). I.e, if you are the director of the “DVD player division” you have an active interest in killing any potential streaming division. Reality is of course more complex than this, but this is the kind of story we sometimes hear off when "too big to fail" companies end up missing a major shift. |
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| ▲ | yannyu an hour ago | parent | next [-] | | Innovator's dilemma. Leadership won't invest in the up-and-coming product because they've got a $1 billion revenue target they need to hit this year. Funnily, Netflix is a common case study on how to transition past the dilemma. I don't remember where I heard the original story, but this snippet from this article sums up why and how they deliberately cut the DVD team out of the company culture. > “In periods of radical change in any industry, the legacy players generally have a challenge, which is they’re trying to protect their legacy businesses. We entered into a business in transition when we started mailing DVDs 25 years ago. We knew that physical media was not going to be the future. When I met Reed Hastings in 1999, he described the world we live in right now, which is almost all entertainment is going to come into the home on the internet. And he told me that at a time when literally no entertainment was coming into the home on the internet. And it really helped us navigate this transition from physical to digital, because we just didn’t spend any time trying to protect our DVD business. As it started to wane, we started to invest more and more in streaming. And we did that because we knew that that’s where the puck was going. At one point, our DVD business was driving all the profit of the business and a lot of the revenue, and we made a conscious decision to stop inviting the DVD employees to the company meeting. We were that rigid about where this thing was heading.” https://colemaninsights.com/coleman-insights-blog/netflixs-s... | |
| ▲ | busssard 5 hours ago | parent | prev [-] | | Silo-ing is the biggest brake on human progress |
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| ▲ | embedding-shape 6 hours ago | parent | prev | next [-] |
| > Most notably Sony which produced TVs, Computers, DVD players, Media Centers. They owned a movie studio and record label. They still do all those things? And they're still successful in most of them? They haven't "failed" or "dropped the ball" based on any metric I can think of. I'm not sure what you're referring to here to be honest. |
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| ▲ | wincy an hour ago | parent | next [-] | | Right reading that, didn’t Sony produce KPOP demon hunters, which is now the most watched movie of all time? | | |
| ▲ | mandevil 33 minutes ago | parent [-] | | Sony sold it to Netflix (after the pandemic but before it was finished) for a fixed price which locked in a small profit for Sony but got them NOTHING for it being the most watched movie of all time, and Netflix gets all of the sequels as well, so they can't get anything from theaters for those movies either. |
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| ▲ | tonyhart7 6 hours ago | parent | prev [-] | | Yeah lol, Sony still doing good in Music,Film etc Sony just focus at their home market more | | |
| ▲ | raw_anon_1111 6 hours ago | parent [-] | | They purposefully stayed out of the money losing streaming wars and sell their content to the highest bidder | | |
| ▲ | embedding-shape 6 hours ago | parent | next [-] | | They have a streaming platform though! Sony Pictures Core. Seems half the comments in this submission is just straight up guessing and assuming whatever guesses they make are correct. Would take like 30 seconds to just fact-check what you're about to write. | | |
| ▲ | raw_anon_1111 6 hours ago | parent | next [-] | | It looks like it’s mostly focused on renting and buying movies on demand. We are talking about pay a fee and streaming all you want. That’s a completely different market. They are not trying to compete with Netflix and in fact have a deal with them that Netflix has first right of refusal to stream any Sony film https://www.sonypictures.com/corp/press_releases/2021/0408 Sony created KPop Demon Hunters and sold the streaming rights to Netflix . If you look at any of their popular back catalog TV content, it is all being streamed on other services. | | |
| ▲ | embedding-shape 6 hours ago | parent [-] | | > It looks like it’s mostly focused on renting and buying movies on demand. We are talking about pay a fee and streaming all you want. Then you might have to look a bit closer :) There are plans out there that give you a fixed monthly fee and stream all you want, so that effectively makes it a streaming service even by your definition. Not saying they are trying to compete with Netflix, but they do have a streaming service. | | |
| ▲ | raw_anon_1111 5 hours ago | parent [-] | | You can’t watch the full catalog of movies they have for rent or purchase for one price. You know you’re being pedantic. | | |
| ▲ | embedding-shape 5 hours ago | parent [-] | | Same is true for Amazon, you can't watch 100% of the content unless you "Buy"/Rent, so is Amazon Prime Video not a streaming service? You know you're trying to be misleading, but not everyone falls for those sort of things. | | |
| ▲ | pests 25 minutes ago | parent | next [-] | | Prime video is more than just prime content, they are more of a marketplace where you can watch competitors content as well. Like their web marketplace for tv and movies. That's why you can sign up for things like HBO and even Apple TV directly via Prime. | |
| ▲ | raw_anon_1111 5 hours ago | parent | prev [-] | | No you’re being pedantic. Compare Amazon Prime Video subscription content to Sony’s subscription content. Is Amazon creating new content and giving other streaming services first dibs on it? Are they putting their back catalog content on other streaming services en masse? Is Sony spending billions of dollars to produce content to go on their own streaming service like Amazon, Apple, Netflix, Peacock, HBO Max (for now)? Heck is HBO releasing theatrical movies and giving first run streaming rights to other streaming services? You’re not making serious arguments if you don’t see the difference between every other streaming service and what Sony is doing or seeing what companies with both streaming services and movie studios like Warner Bros, Disney, and Paramount are doing. | | |
| ▲ | embedding-shape 5 hours ago | parent [-] | | You're making this way more complicated than it is, no need to compare against others to understand if what Sony is doing is a streaming service or not. So I guess back to basics: > A streaming media service, also known as streaming service, is an online provider that allows users to watch or listen to content, such as films, TV series, music, or podcasts, over the Internet Fairly simple, I think at least. So with that, is what Sony is doing a streaming service, regardless of what HBO/Amazon/their mother is doing? Yes, in my humble opinion, what Sony is offering lets users "watch or listen to content, such as films, TV series, music, or podcasts, over the Internet", so it is a streaming service. I disagree it's pedantic, it's just understanding what terms mean, in this particular case, what "streaming service" means. | | |
| ▲ | shermantanktop 3 hours ago | parent [-] | | These are two businesses, both under the Sony name: content production and content distribution. Very likely they are two different divisions with different P&Ls. Every “streaming service” is a distributor. Some of them are also content producers. Content production is also a bizarre mini world of VC-type funding and shell/temporary production corporations. Some companies lean heavily into that, some do a more traditional in-house studio model, some do both. |
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| ▲ | autoexec 4 hours ago | parent | prev [-] | | I'm sure everybody with a Bravia TV is super excited. If you have a streaming service no one knows or cares about do you even have a streaming service? | | |
| ▲ | embedding-shape 4 hours ago | parent [-] | | Or anyone who plays online with a PS4 or PS5, which correct me if I'm wrong, probably is more people than the people with Bravia TVs. | | |
| ▲ | raw_anon_1111 4 hours ago | parent [-] | | Yeah and how many of those are subscribing to Sony’s streaming service where they don’t even put their releases on during the initial streaming release window and don’t have any of their popular backlog content? There isn’t an iOS app or a Roku app. Even AppleTV+ is on Roku. This isn’t a serious streaming service. | | |
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| ▲ | PaulHoule 6 hours ago | parent | prev [-] | | Sony bought Crunchyroll + Funimation but I have to admit that I'm sick of normie anime like Bleach and I crave the kind of things that you find on HDIVE like Backstabbed in a Backwater Dungeon: My Trusted Companions Tried to Kill Me, but Thanks to the Gift of an Unlimited Gacha I Got LVL 9999 Friends and Am Out for Revenge on My Former Party Members and the World. [1] [1] If the Anime News Network finishes reviewing it doesn't make the cut |
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| ▲ | jimbokun 3 hours ago | parent | prev | next [-] |
| > Most notably Sony which produced TVs, Computers, DVD players, Media Centers. The answer to that one is simple: they were bad at software. Apple and then Android killed the market for all those hardware devices and physical media. |
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| ▲ | 3 hours ago | parent | prev | next [-] |
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| ▲ | wiseowise 6 hours ago | parent | prev | next [-] |
| > how did these companies drop the ball so bad Companies didn't, leadership did. For a big, fat check. And they're happily retired now, sitting in their expensive villas with millions on their balance. They couldn't care less about your happy childhood memories that the content produced by their predecessors engraved in your mind. |
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| ▲ | bee_rider 6 hours ago | parent | prev | next [-] |
| If everybody is dropping the ball, my first guess is that catching it is actually legitimately difficult. |
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| ▲ | sznio 6 hours ago | parent | prev | next [-] |
| >They also have in house expertise with cloud content distribution via PlayStation. Maybe it's better now, but looking at the PS3-era PSN, that expertise had negative value. |
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| ▲ | whycome 5 hours ago | parent | prev | next [-] |
| It’s exactly the reason why. They focused on proprietary formats/devices to lock consumers in |
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| ▲ | fullshark 5 hours ago | parent | prev | next [-] |
| Hindsight is 20/20 and the Innovator's Dilemma is very real. |
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| ▲ | JKCalhoun 6 hours ago | parent | prev | next [-] |
| And no OS. That certainly helped Apple. |
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| ▲ | tonyhart7 6 hours ago | parent | prev [-] |
| Sony has crunchyroll They didn't fumble around as much, also Sony still has leverage a lot on Japan Industry |
