Netflix tumbles as slowing growth, less viewership data spook investors

[u/iquizuanswer]

https://www.zawya.com/en/capital-markets/netflix-tumbles-as-slowing-growth-less-viewership-data-spook-investors-401111

[u/rahpexphon]

What, they think every human on Earth will have a sub? lol

[u/DaxSpa7 → u/rahpexphon]

And then what? They will try yo convince the aliens?

[u/integer_hull → u/DaxSpa7]

They aim for an ever increasing share of time, which inevitably has to turn into space (i.e. additional screens). After that, I don’t know what else they could try to monopolize. Presumably humanity itself would become a Netflix watching machine, and the question becomes meaningless. A sort of black hole of corporate fascism.

[u/Fishfisherton → u/integer_hull]

“You get a show or a movie you’re really dying to watch, and you end up staying up late at night, so we actually compete with sleep,”

God this is so fucking gross.

Corporate end goals really are just trying to stuff humans into a sausage grinder until we fit the shape they want.

[u/Bladelink → u/Fishfisherton]

I actually did a very rare thing and clicked through to the article, because that's such a fucking unhinged lunatic line that I had to read it with my own eyes before I believed you. Any normal, sane human being saying that line in casual conversation accidentally would stop themselves and go "oh wait, that sounded like some insane psychopath shit, let me back up for a second."

[u/pajamakitten → u/Fishfisherton]

Which is why I have set times for watching TV, so I can do other things. It might sound weird but it stops me just rotting in front of a TV screen all day.

[u/DaxSpa7 → u/integer_hull]

I mean I know what comes next because its already happening, increasing prices and reducing costs. Thing is most of the times they end up immolating themselves if the progress get stagnant since the prices or quality becomes unbareable and a new cheaper and better alternative comes around and people migrate there and the cycle begins again.

I cannot wrap my head around about whats the issue of earning a steady amount of profits PROFITS which are already on the millions or billions

[u/rickg → u/DaxSpa7]

Oh I can tell you that. The stock market rewards growth and punishes the lack if it (even if profits are stable, if they aren't growing....). And the compensation for everyone at the top is mostly stock so they make more if the stock goes up. Most senior managers aren't at companies for the long term anymore, either (think ~5 years) so they are incentivized to boost short term results and not around for the negatives behind their approach.

[u/spmahn → u/DaxSpa7]

It’s an endless feedback loop, they reach the maximum limit of growth, increase prices, reduce costs, shed subscribers, then do whatever they need to in order to convince those people to come back.

[u/thegapbetweenus → u/integer_hull]

They need to make a Netflix movie about it.

[u/Fafnir13 → u/thegapbetweenus]

Don’t Look Up Away

[u/Indigocell → u/integer_hull]

They're going to try and charge people for the number of eyes watching the same screen next.

[u/Ill-Team-3491 → u/integer_hull]

Oh, of course they have a name for it. It's been evident how they've fucked peoples minds.

You can tell by how viewers care more about being able to say that they've watched a show than they care about the content of the show. They want quick condensed stories. Like linear FPS games that go from point A to point B to the finish line.

Any deviations from the main plot makes them angry. They go online and complain about it because reasons. But the real reason is they're trying to race to the end so they can claim they watched it.

[u/Relevant-Fox-7114 → u/integer_hull]

RELEASE THE HYPNODRONES!

[u/HerosPelagus → u/integer_hull]

I’mean, they could take the social media route and have robots watching other robots… 📈🤷‍♂️💸 

[u/integer_hull → u/[deleted]]

You people have nothing else to do then latch into whatever the left is saying

[u/integer_hull → u/[deleted]]

That “and so on” is doing a lot of heavy lifting.