Netflix got a lot of competition lately. I can not even name all the streaming platforms: HBO, peacock, paramount, Hulu, Disney, Apple ... Netflix sees themsel

Netflix got a lot of competition lately. I can not even name all the streaming platforms: HBO, peacock, paramount, Hulu, Disney, Apple ... Netflix sees themselves as a tech company with flashy servers toys, but they are in the media business. If their content is subpar, the best engineering will not fix it. They have 80% saturation in US households, no real path to growth here. Investors like to see more revenue ... so they try this. I think a paying costumer with shared passwords is better than, no customer at all. Why pay more, when I can share my passwords on [insert other streaming platform] with my buddies.