Opinion | Netflix has squandered its early lead in the streaming world

Do you share a Netflix account with someone close to you? Oh, you do? In that case, the $200 billion collapse of Netflix’s market cap is your fault.

Now, I personally would never, say, pay for a Netflix account and then let my parents and sibling also use it at their homes. Heaven forfend. I believe in the sacrosanct nature of a completely unnecessary fourth season ofBut even if one were to do such a heinous thing as share a password for an increasingly lacklustre service, it doesn’t explain why Netflix has fallen so far and so fast.

But as the media world began to shift to streaming en masse, Netflix had to defend its turf. It took on scads of debt to pour $15 billion into original content. Netflix went from convenient service to a machine designed to throw series and movies at the wall in the hopes something would stick.come to mind — but much of it was merely filler. Now, Netflix is full of content and it often feels like there is little one actually wants to watch.

So now Netflix has competition, few hits amongst a mass of lacklustre content, and has lost its progressive, forward-looking sheen — but is also now more expensive. While it started out as a great deal, you are now seeing up to $25 a month on your credit card bill. With people looking to cut costs in a period of rising inflation, it’s clear why Netflix began to lose subscribers.First, it has to acknowledge that it cannot compete with Disney head-on in terms of a back catalogue.

Funny s that this is correct... I have Netflix, pay for it each month, and when I go to find something to watch, it’s mostly B and C rated shows and I usually end going to Disney or better yet TUBI. A&E had a comment..”Time Well Wasted”. Even that doesn’t apply to Netflix.

Nail, meet head. Word of mouth was what drew me to Squid Game - and it was well worth it - but there hasn't been anything like that since.

netflix went for names rather than talent

When Netflix first came out and they didn't have much content. There was a meme showing someone digging through a DVD bargin bin at Walmart. Saying looking for something good to watch on Netflix

This is from 1992. What's old is new again is old again.netflix

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