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This isn't "insider reporting". If you don't how the media works, when the article says "Sources close to Holland" or a "Holland loyalist"...it is Holland (usua

This isn't "insider reporting". If you don't how the media works, when the article says "Sources close to Holland" or a "Holland loyalist"...it is Holland (usually journalists will make an effort to disguise that, but the precise events being "quoted anonymously" here make obvious that the main source for the story was one person i.e. when the "anonymous" source quotes a conversation that occurred with two people in the room...it is obvious). There is no real analysis, it is just execs sniping at each other and trying to make sure future employers think it was someone else's fault. On the subject, the problem with Netflix was that they tried to have it both ways. They seemed to think they could significantly increase output without decreasing quality. So saying that the failure of the new strategy is prudence ignores the fact that reckless spending got them into this position...bankruptcy tends to force prudence, but that is ex-post...prudence is not the cause of bankruptcy. I think this should indicate that problems with NFLX are slightly more fundamental. I am sure they have the capacity to produce great shows. Look at their debt, look at how much capital they have committed to production...you can produce multiple "best ever" shows, and it won't get you out that hole.

ketzo 4y ago
> They seemed to think they could significantly increase output without decreasing quality. An executive is quoted, on their strategy, as saying “We succeed if 1 in 10 shows is a hit.” I think it’s pretty clear they didn’t think they were pumping out pure winners.
subsubzero 4y ago
Agree with this assessment, Cindy Holland is bitter she was pushed out and reached out through "channels" to deliver her own take on events. Its not really reporting just highlighting a power struggle from an individuals viewpoint(Cindy). If the events mentioned in the story are in fact a cause of NFLX's decline is another story. People were forced inside(globally) during the pandemic and consumed alot more media than ever before in history. The quality of shows at NFLX has gone down considerably the past 2 years. NFLX pushed a show that alienated alot of people with Cuties. Friends and other hit shows left NFLX. Inflation has hit a 40 year high and gas and food are expensive, people are cutting costs and NFLX seems like an easy cut. Would Cindy have stopped all of the above events? Maybe the quality issue but costs(under her) seemed steep, who can say? I think no matter who is at the top NFLX would have suffered in some way. If Ted had chose Cindy instead of Bela Bajaria we would have a similar article talking about Bela's sources and how Cindy's excessive spending and smaller show lineups are killing NFLX.
onionisafruit 4y ago
My favorite variation of that is “a source familiar with X’s thinking”. Of course that is X.

ketzo 4y ago

> They seemed to think they could significantly increase output without decreasing quality. An executive is quoted, on their strategy, as saying “We succeed if 1 in 10 shows is a hit.” I think it’s pretty clear they didn’t think they were pumping out pure winners.

subsubzero 4y ago

Agree with this assessment, Cindy Holland is bitter she was pushed out and reached out through "channels" to deliver her own take on events. Its not really reporting just highlighting a power struggle from an individuals viewpoint(Cindy). If the events mentioned in the story are in fact a cause of NFLX's decline is another story. People were forced inside(globally) during the pandemic and consumed alot more media than ever before in history. The quality of shows at NFLX has gone down considerably the past 2 years. NFLX pushed a show that alienated alot of people with Cuties. Friends and other hit shows left NFLX. Inflation has hit a 40 year high and gas and food are expensive, people are cutting costs and NFLX seems like an easy cut. Would Cindy have stopped all of the above events? Maybe the quality issue but costs(under her) seemed steep, who can say? I think no matter who is at the top NFLX would have suffered in some way. If Ted had chose Cindy instead of Bela Bajaria we would have a similar article talking about Bela's sources and how Cindy's excessive spending and smaller show lineups are killing NFLX.

onionisafruit 4y ago

My favorite variation of that is “a source familiar with X’s thinking”. Of course that is X.