I like some of Netflix's content but always have the impression that Netflix casts it net very wide - perhaps too wide? Their library stretches from low-quality reality shows to expensive high-end drama. It's a strange mix - trying to be all things to all people?

To be fair to Netflix, they have invested in a lot in non-US content globally - probably more than other production/streaming services. They have also given some highly-regarded directors creative freedom and financed their films e.g Martin Scorcese (The Irishman) and Bong Joon-ho (Okja).

Whether Netflix is 'crisis' mode or I don't know, but it will be interesting how Netflix changes (if at all) in the coming months.