I find the whole premise of this article kind of funny. I don't think Netflix is in anywhere near as much trouble as they're making out. I don't think the conte

I find the whole premise of this article kind of funny. I don't think Netflix is in anywhere near as much trouble as they're making out. I don't think the content strategy is anywhere near as important as they're pretending either. What Netflix is running into is just normal business - they're very large, so it's possible they are at the peak of their TAM in lots of markets, their competition is strong because they're so successful other people have allocated capital to compete in the market, and the macro-economic trends have gone from incredibly favourable to less favourable. This has nothing to do with Lupin or Queens Gambit. It's an interesting story, quite clearly heavily informed by Holland, but just because Hollywood types don't like Netflix coming in and stopping on their industry doesn't mean Netflix is actually doing the wrong thing, and I don't think the current turn around in the stock price tells us anything about that strategy.