I said this again recently, but it's worth repeating: Netflix is on the very fast downward slope. Their catalog is wilting, the space is heating up with well-established competitors moving in and serving the precise content that Netflix originally built their brand on, and their efforts to fund a new catalog with new IP (and taking ownership of old IP) is destroying the business model that made them so appealing in the first place. The writing is very nearly on the wall. At one point, long ago, the Netflix CEO (?) said they were trying to become HBO before HBO became them. And, frankly, they failed. They are still the industry leader, but only for a moment.