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I can't help but feel that being in the black (or the degree to which they are) is a short term effect of the password sharing crackdown and the price increases

I can't help but feel that being in the black (or the degree to which they are) is a short term effect of the password sharing crackdown and the price increases. Both of those are likely to have a drop-off in impact over the long run, especially as the cost of living crisis develops. It makes sense to me that the first thing to go is the other streaming services, as Netflix has such a strong mindshare, but their lack of content is more noticeable all the time, and I think there will be a swing back to cheaper services with at least different content, if not better.

imbnwa 3y ago
For me Netflix has the best foreign content selection hands down, look at the impact of RRR (India), Dark (Germany), or Squid Game (Korea). They’ve become _the _ platform for South Korean content when South Korea is ascendant on the global pop culture stage. Somebody on Netflix has been using the ol noggin
lotsofpulp 3y ago
> I can't help but feel that being in the black (or the degree to which they are) is a short term effect of the password sharing crackdown and the price increases. The numbers disagree. Net income and profit margin was doing great even before password sharing crackdown. https://www.macrotrends.net/stocks/charts/NFLX/netflix/net-income https://www.macrotrends.net/stocks/charts/NFLX/netflix/net-i... https://www.macrotrends.net/stocks/charts/NFLX/netflix/profit-margins https://www.macrotrends.net/stocks/charts/NFLX/netflix/profi...