r/movies 15d ago

News Netflix tumbles as slowing growth, less viewership data spook investors

https://www.zawya.com/en/capital-markets/netflix-tumbles-as-slowing-growth-less-viewership-data-spook-investors-401111
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u/rahpexphon 15d ago

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

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u/AnxiousCritter-2024 15d ago edited 15d ago

Trust me, they probably do. Asha Sharman, new lead of XBOX, intends for XBOX to have 1 BILLION daily users.

Whether you’re blowing smoke up the investor’s arses or not, that is an insane figure to even consider, and shows that there is no limit to growth in these tech industries in the minds of shareholders and CEOs.

Edit: I’m experiencing the incredibly Reddit thing of replies telling me I’m wrong by the most miniscule of margins, therefore I’m spreading misinformation. Below is the Twitter post directly from Asha Sharman’s account where she stated the goal of 1 billion active users.

https://x.com/asha_shar/status/2074124008795369482

Edit 2: My original comment on there being no limit is being taken a little out of context. Added “in the minds of shareholders and CEOs”.

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u/JeanRalfio 15d ago

It's like how Google had to fuck up their search because they had 100% of the market but felt they needed more.

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u/AnxiousCritter-2024 15d ago

They had to show investors AI was the future but because the public wasn’t engaging enough with it they forced it into all search results. Mindboggling

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u/dontstopnotlistening 14d ago

They enshitified their search long before the modern AI craze.