Stock down 72% in 6 months.
Stock down 72% in 6 months.
People are leaving netflix because its value propersition is sh*t. Its dream-team algorithm is eating its profit and so full of wankers no one has noticed.
The amount of times ive herad an ex-netflixer tell me they never saw the content i saw is just the writing on the wall.
You had an early mover advantage and the dream team dropped the ball! The only reason your a house-hold name is because of account sharing your users will never pay what will make you profitable. People have left Network TV and the news. Creators no longer dream of Hollywood. Actors are moving to direct to fan engagements. Movies are just re-hashing classics.
The world has moved on.
s/can't/won't/ I believe they're gamifying their app to be the software equivalent of a discount retail outlet clothes bin. You get frustrated with the experience and just pick something. Now they're going to put ads in their app. The moment I start seeing ads is the goodbye netflix moment.
https://lebronwire.usatoday.com/lists/team-usa-basketball-ev...
So your analogy suggests Netflix will quickly return to its former glory days.
I think this is premature, at best, if not incredibly optimistic. I think this is the beginning of a long uphill battle for Netflix, and that if they ever return to their former glory days, it will be much further down the road than what is a typical recover from an upset.
I’m not convinced they ever will be the same. Not even close.
Turns out great players in a league are playing in a specific team configuration, and the context of the league in general is very different compared to a competition between national teams at the world cup level.