Aussies have spoken, and the results are not looking good for Netflix. A new report reveals why users are turning to streaming competitors.

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.

  • theluckyone@lemmy.worldEnglish
    81·
    10 months ago

    Netflix can’t implement three different changes to its business model and then cherry pick one of those changes as the reason for the increased revenue. Well, maybe not can’t… They’re certainly trying to, and some folk are eating it up, apparently.

    If the tire is flat on my car, and I:

    • give the roof of my car a kiss
    • pray to [deity] to fix it
    • use an air compressor to inflate it

    … I shouldn’t go around telling folk God fixed my flat tire.

    • SMITHandWESSON@lemmy.worldEnglish
      12·
      10 months ago

      Cool, but that analogy doesn’t work with how companies are valued.

      The only thing that matters to the stock market is growth. It doesn’t matter how you get there (most of the time), as long as you’re posting positive numbers and your outlook looks good.