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Netflix Unveils Next Steps to Build Advertising Business

1 pointsby adrian_mrdover 1 year ago

1 comment

happytigerover 1 year ago
Enshitification at its finest.<p>Netflix went from the best game in town to the absolute king of clowns.<p>It takes a deeply talented team and years of solid effort to blow a lead like that one <i>and</i> lose customer loyalty in the process, but I think a great first step is hiring tons of talent from the television industry. It really helps when you bring in one of the least visionary industries in America to drive your tech company.<p>Constantly raising easy money from Wall Street to fuel unsustainable growth and years of losses with originals that have been mostly garbage or cancelled constantly wasnt a good plan — but it seemed like the best they could come up with.<p>Netflix is just going to end up being the next Blockbuster and Apple, Microsoft or AT&amp;T will end up buying them or they’ll merge with Comcast when their price comes down to earth and the polish eventually comes off the market.<p>Their pivot into gaming is making me lean towards Microsoft.