Anecdotally, saw on Fishbowl last night that Disney Streaming is paying Sr PMs $500k TC TC: 🥜 #tech #netflix #disney
Subscriber loss will continue. Things are getting more expensive and people are looking in the short term to cancel from shit they don’t need. Also Disney barely has any content
“Barely has any content” 😀😃😄😁😆😂🤣🥹
Unless you like marvel, starwars, any Disney movies, nat geographic... Yeah definitely 0 content just 5 of the top movie franchises of all time, 15 of the top 20 movies of all time, literally dozens of 200m+ movies. Amazon 😂 your Disney assessment is lacking brain activity Tbh I think their movie Library, adjusted for inflation is worth the entire Market cap of Netflix (based on box office and lifetime earnings numbers), shit marvel, starwars and Bambi alone are worth 50bn which is half of Netflix right there Not a Disney fanboy but I atleast know value
What is fishbowl?
Like blind but for consulting, the pwc fishbowl is especially interesting because everyone seems to think tech salaries are made up 😂 (from personal experience last year when I posted my exit numbers and some principal was arguing that there's " no way I make more than him because there was a 15 year experience Gap " tbh even with the stock fall I still make a bit more than him 😂
That's hilarious thank you for the explanation! Sounds lame tbh
Wow that is about 2x what they were offering 3 years ago. Back then recruiter tacitly acknowledged they couldn’t compete with big tech on comp. Guess they had a change of heart.
Fair value for NFLX is much lower than here. We’re only down 35% today, and they’re on a path towards both content irrelevance and being the most expensive option on the streaming market with nothing in the way of Amazon and Apple’s ability to loss lead with streaming.
This should have happened long time back. Pandemic delayed it. Not surprised.
Never thought the NFLX dominance was sustainable. Losing subscribers is just a symptom, not the actual disease. The disease (fundamental issue) is that NFLX has relatively low barriers to entry compared to any other FAANG. The fact that 5 other competitors do similar stuff tells a story. It will only get worse as Regional players in India and China also get stronger, while Disney, Apple, Amazon get better content!
The woke content on Netflix is unwatchable. Tinder Swindler was the only good content all year.
NFLX stock is back to where it was in 2018
And yet the whole way down, they'll still be a highly targeted place to work, that tc structure is extremely appealing
they dont hire enough to be a target company for most engineers tbh
Like 4-500k/yr, with the option of all cash, no RSU, they'll find decent people still to replace