Tech Industry
Yesterday
2959
Quitting this Slave life
India
2h
1306
Public fapping epidemic
Software Engineering Career
14h
1254
Bow down to SWEs who got into Uber India🙇🙇
India
Yesterday
1079
Modi is a legend, will be remembered for centuries to come
Working Parents
Yesterday
1027
What do you think is wrong with a kid who got rejected by 9 colleges?
[hugely successful public company] is another [hugely successful public company]
Uber ain't successful.
Uber has been profitable two quarters in a row now
Netflix kept throwing money at celebs for mediocre movies while uber paid drivers like shit
This
Tbf, Red Notice was awesome!
They went woke, now they're going broke.
Are you a journo? This would be a good headline
haha no I'm not
Netflix is flaming trash. What a downfall from the darling of internet future, to price gouging propaganda and garbage “originals”. Please spare us from any more.
I don't disagree but ... Your description fits IBM as well :D
That’s awesome. Corruption.. corrupts?
Contrary to popular belief, not every stock always goes up and to the right forever. They have a strong business with great fundamentals and staying power - it's likely that your grandkids will know of Netflix, or perhaps a rebranded spin off by that time as technology changes. Markets are not rational.
But I thought stonks only go up? That's what r/WSB told me
Only if Robinhood let's us make trades...
There is lots of shorts coming to NFLX stock, could possibly going to $120-$150 before it stops. Broke the pandemic low.
Difference is that Uber was never profitable and doesn’t have a path to it. Netflix has been a profitable company for nearly 20 years, since they were sending DVD’s in the mail.
Does Netflix still send DVDs in the mail? 😂
Shockingly…yes. They do lol.
This was always going to happen though. The studios went from "omg111 we can monetize our catalog for free!" to "omg111 we're getting screwed!" it was the beginning of the end. Netflix decided their differentiated content would be made by them (ie a studio they own) and the content and results have been mixed. Lots of forgettable content they own forever. I can't claim to know what the moat should have been. Longer contracts with the studios only delays the problem.
I think the moat is the staying power of the top shows as Netflix should have learned from replay of those sitcoms when they had the rights. Disney knows this so they bought Star Wars and built their entire streaming service around it. That’s not a moat that last forever, but a decade, so you got to keep looking for the next hit or buying them (Pixar). Pharma works the same way where they need to get their next blockbuster to make it another decade by internal R&D or acquisition. Netflix needs to buy a studio/network to deepen its repeat watchable content.
Interesting why they haven’t bought any studio while amazon and Disney bought MgM and Fox respectively, and most moves they make have poor ratings on imdb. Harder they fall is the only movie i liked lately.
netflix originals have produced some of the most watched shows so I really question whether any of y’all have used Netflix recently the originals are not the issue, other companies just have original content too / many friend groups split services
To be fair them not using Netflix recently might be part of the problem...
I never watched reality TV and I’m hooked on 3 from Netflix. They have a good content strategy and all these hot takes are weak a f
Ahh Good old American MNCs are back in town.
Married no children? lol sorry not with the times, what’s MNC?
multinational corporation