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> The sole purpose of Netflix is to make money. No, that's the capitalist investors view. The problem is that Netflix now sees it as theirs. I'd bet quite a go
by adjkant 7y ago
> The sole purpose of Netflix is to make money.
No, that's the capitalist investors view. The problem is that Netflix now sees it as theirs. I'd bet quite a good sum of money that was not the goal when it started. I'd be surprised if that was the goal in 2010-2015 even.
> So that the owners (which includes thousands of normal working class employees) can buy food for their families.
If that were true, they would not be trying so hard to turn these excess profits. With how Netflix pays I don't think you can really call their employees "normal working class" either. Netflix is a classic case of greed and profit corrupting art. In some ways inevitable, but it's sad to see there's not even an internal tension between finance and content. That should be a battle that is waged daily in order to balance multiple purposes: both making money to support its employees and investors, and the art of shows and movies, among others.
- __s 7y agoIf your business is art & you sell out on your art, you might as well have sold out your business
- coffeefirst 7y agoRelated, I keep noticing that the people who make the psychopath-investor argument seem to forget the company exists to make money by actually doing something. Doing the something well enough that someone else wants to pay you for it (or keep paying you for it) is a pretty important part of that.
- deleted 7y ago[deleted]
- kgwgk 7y agoFrom their 2000 S-1 filing: “Our goal is to be the definitive online intermediary for choosing movies and other video entertainment”. Why would they want to become that if not for the money?
- 1123581321 7y ago- To make TV shows better - To reduce the number of product/political commercials - To spread the best media from every country to everyone There are legitimate reasons besides money.