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Netflix is doing just fine content wise, go look at the weekly streaming charts and you'll see they dominate the top 10 for tv and do well enough in movies as w
by dageshi 5y ago
Netflix is doing just fine content wise, go look at the weekly streaming charts and you'll see they dominate the top 10 for tv and do well enough in movies as well. More people are watching more stuff on Netflix than just about any other service, consistently week to week.
Content isn't the problem, they just ran out of people willing to sub, they were always going to reach that limit at some point and when they did their tech unicorn valuations would reset back to something more realistic.
- mgh2 5y agoContent quality is the problem, like what happened with cable. They are selling attention addiction like Facebook without caring about quality recently. Ex: Korean copycat shows and "documentaries", just because both categories tend to rate higher on imdb. Seems like a decision a PM will make, based on metrics to improve profit, not quality - i.e. give users what they want, even if it is bad for them (or the business) in the long term.
- mgh2 5y agoDon't forget also their strategy of buying 1st season hits then creating new seasons regardless of the story or quality just to capitalize on "safe bets" or the "money cow" loyalty/fan phenomenon. Ex: The Crown, Money Heist, Designated Survivor, etc. PS: Disney is doing the same, but with brands instead.