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If you look at the complaints about Netflix, most of them relate to content, not tech. This suggests that they've under-invested in content, and over-invested i
by nickff 3y ago
If you look at the complaints about Netflix, most of them relate to content, not tech. This suggests that they've under-invested in content, and over-invested in tech.
- curiousDog 3y agoDisagree, total content spend the last 4 years has been ~18bn/year compared to ~500m/yr on all employee R&D. That's shows there's a content quality problem not a content underinvestment.
- nickff 3y agoAccording to their latest annual statement (2022), they spent 2.7 billion USD on "Technology & Development". Where are you getting the 500 million figure? https://s22.q4cdn.com/959853165/files/doc_financials/2022/ar/4e32b45c-a99e-4c7d-b988-4eef8377500c.pdf https://s22.q4cdn.com/959853165/files/doc_financials/2022/ar... page 23