netflix loses market share
thoughts? https://www.cnbc.com/2019/09/23/netflix-goes-negative-for-the-year-giving-up-a-46percent-gain.html
I think they are going to have hard time now as other competitors like Disney are approaching the space. Also they were supposed to aggregate most of the content on their platform and they are failing at that.
They have amazing engineers that make 500k in cash. I’m sure they are smart enough to pivot and bounce back.
Time to scoop up Netflix shares while they are beaten and selling at a discount.
good fuck netflix they should have focused on product/customers vs virtue signals and politics... deleted nflx long ago. miss bojack but nothing else and small price to pay
Bojack 🙌
Good thing Netflix engs get paid in cash!
Sounds too high still. Does anyone still have netflix?
Netflix will be fine. Just look at this year’s Emmys - it was basically just a battle Royale between Netflix, HBO, Hulu, And Amazon. You know who wasn’t included? Any of the major broadcast networks or the basic cable networks. There were always going to be others, but what matters is they’re in the room. It’s the reason why all the other studios are now scrambling to catch up.
I had never understood why they went up so high. They used to be tech company who deeply thought about new user experience like creating queue, getting long tail content, generating recommendations etc. They had unique value proposition of hard to get and undiscovered content that often delighted me. All that is gone. Now Netflix homepage is simply semi-curated list of handful of shows. I only use them for couple of things and keep my subscription to minimum. They are now exactly same as media company like HBO and there is no reason for their stock act like tech stock.
The stock is like cancer.
But we kind of need it for FAANG anyway, it's an important letter.
Nah it's a better acronym w/o the N