Please don't be insulting by telling other people what to learn.

And if you look at the quarter before -- 2022Q4 -- they made just $55 million net income, which on revenue of 7.85B is below 1% profit.

The overall point is that Netflix is in an extremely volatile and risky industry where it's not in a position to leisurely "extract" more profit because it's a bad guy or something, but rather it's very much been forced into doing things like cracking down on password sharing and introducing an ad-supporter tier simply to stay healthy as a business. Fortunately both of those things seem to be going well, but they easily might not have.

If a company's market cap drops 75% in a short period of time, it's making big changes out of necessity, not as a comfortable choice.