NFLX is publicly owned with only one share class and it only does video streaming so it does that.

Anyone motivated to do this for a smaller group would rather just run a private tracker. The overheads are enormous when you’re not negotiating in bulk.

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saalweachter an hour ago | parent | next [-]

Netflix isn't owned by its subscribers is the critical difference. You don't buy shares of NFLX to gain access to the service, and subscribing does not come with any shares/voting rights.

	▲	arjie 2 minutes ago \| parent [-]
		True, it’s a critical difference but perhaps shows what it’s like to be a minority participant in a shared enterprise.

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ricardobeat 2 hours ago | parent | prev [-]

Netflix has "optimized" their app to the point where you're cycling between the same 30-40 recommendations on every screen, just grouped a little different. The catalog shrinks every year. And they invest large amounts into producing their own algorithm-based content instead of acquiring more.

	▲	arjie 2 hours ago \| parent [-]
		Yeah that’s what it will look like if you have this kind of structure. No one is selling a perpetual license for a movie for anything less than top dollar. The proposed plan inevitably tends to this outcome.