Every time I hear something about Netflix I always wonder how it is even still running. Still wild to me that they had the entire monopoly on streaming and fucked it up anyways.
this post was submitted on 19 Jul 2024
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Netflix didn’t fuck their monopoly up. They just didn’t have an eternal technological moat. Their monopoly had an expiration date which is why they shifted to content generation.
Nowadays the problem they face is that there isn’t enough people on the planet to grow forever, so in order to keep growing they have to squeeze harder.
Their content is terrible tough, there they did drop the ball.
There are over 8 billion people on the planet and Netflix is an international company. If they decided to not fuck around and find out they could have had the majority of that market for pennies and held it well past today.
They had the monopoly on a golden platter and fucked it up. If they were smart they would have cemented that position.