this post was submitted on 29 Aug 2023
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200,000 users abandon Netflix after crackdown backfires::Aussies have spoken, and the results are not looking good for Netflix. A new report reveals why users are turning to streaming competitors.

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[–] Aidinthel@reddthat.com 13 points 2 years ago (2 children)

I guess the lesson is that Netflix was always doomed the moment the companies that actually produce and/or own all the content realized how lucrative streaming could be. They were only as successful as they were because they had no competition.

[–] billygoat@catata.fish 6 points 2 years ago

On top of what ShustOne said, I would argue that they have know this for over 10 years and was the reason they created Netflix originals starting with House of Cards.

[–] sfgifz@lemmy.world 2 points 2 years ago

The business articles about how companies like Disney and others that "that actually produce and/or own all the content" are struggling to compete kinda suggests otherwise though.