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"In 2022 Netflix spent $16 billion on producing shows [https://variety.com/2023/digital/news/netflix-content-spendi https://variety.com/2023/digital/news/netfli
by thrill 3y ago
"In 2022 Netflix spent $16 billion on producing shows [https://variety.com/2023/digital/news/netflix-content-spendi https://variety.com/2023/digital/news/netflix-content-spendi...] to generate shockingly few viewing hours (which is why they will never agree to WGA demands to release viewership numbers in order to pay writers residuals"
So, Netflix declines to release viewing numbers but you somehow know they're insufficient to their bottom line to support their spend?