
In the last few months, investors have been dumping cable stocks.

There’s really no good reason to pay $100/month for cable anymore when Netflix costs $15/month. Today, the internet is fast and reliable enough to deliver high quality video almost everywhere. It took a long time remember how frustrating it was to watch video in the early days of the internet? The blocky videos, the constant buffering. The internet has totally blown up the cable business model. For most of that time, it enjoyed the big profits that come from operating in an industry with few real competitors.
It’s about smashing the near-monopoly cable companies used to have on American programming.Ĭomcast (CMCSA), for example, is one of the biggest cable companies in the U.S.
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I’m going to tell you why this trend is FAR more disruptive than most people understand.Ĭord cutting isn’t just about switching from one way of watching TV to another. Today, more than half of American households subscribe to a “streaming” service such as Netflix or Hulu. Instead of cable, people are switching to services like Netflix that deliver shows over an internet connection. Some of their movies on Netflix include ‘The Perfect Picture: Ten Years Later’, and ‘Sin City’, ‘Fix Us’, ‘Azali’, ‘Side Chic Gang’, ‘Keteke’, ‘40 & Single’ among others.Last year, half of Americans ages 22–45 watched ZERO hours of cable TV.Īnd 7.5 million households have cancelled their cable service in the past five years.
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But the Ghanaian movie industry has faced some challenges in getting their movies to the Netflix movie charts.ĭirectors like Shirley Frimpong-Manso, Yvonne Nelson, Leila Djansi, and Peter Sedufia have held the Ghanaian movie industry down by producing top-notch and intriguing stories, adding to the list of movies and making it big on the international stage. Netflix has always supported quality and original content produced by artists and filmmakers all around the world.

“This sometimes discourages the producers to submit their movies to Netflix considering the hectic procedures they have to endure before they get their movies on Netflix,” she added. “You will realise that of late you will see great production, but fails to be on Netflix because it has to do with the negotiation deals between the producer and middlemen, making it difficult to see more Ghanaian production on that network (sic),” she disclosed.Īccording to MzGee, her interactions with renowned Ghanaian producer Peter Sedufia shows the middlemen deals are not favouring most of them in the industry, which even led to the delay of his movie “Aloe Vera” which premiered on Netflix some months ago. But these distributors’ percentage they demand is another issue to deal with. “The thing I have heard about Netflix is there is always a middleman who is a distributor and aids producers to get their movies on the streaming movie platform. The outspoken media personality said conversations with some of the Ghanaian movie producers revealed that they go through a lot of processes before they sign deals with middlemen who aid them in securing a spot with Netflix. Ghanaian media personality and broadcaster, Gloria Akpene Nyarku-Acquah known in the showbiz scene as MzGee, has accused some Netflix middlemen for been part of the reasons why most Ghanaian blockbuster productions are unable to make it to the Netflix movie chart due to their high percentage demand.
