While it is a valid point, Id argue that Netflix could have survived this - they had billions of dollars to create original content, and then they did create it, but some how screwed it all up. There’s at best 1 or 2 good show and no good movie Netflix has made in years. And anything half decent they cancel mercilessly without giving it a chance. This is not just in the US. The comparison of original content quality between Netflix and other services in India for example is even more laughable.
In the end, Netflix is a company that used to be great and kinda made some of the most genius ideas to fight the Goliath but was undone by a single dude leading a team making poor choices on what content to make. 3 Adam Sandler movies for half a billion dollars? I’m assuming this is as big or a bigger blunder than Zillow, and was powered by stupid data science ideas as well, probably.
In the end, Netflix is a company that used to be great and kinda made some of the most genius ideas to fight the Goliath but was undone by a single dude leading a team making poor choices on what content to make. 3 Adam Sandler movies for half a billion dollars? I’m assuming this is as big or a bigger blunder than Zillow, and was powered by stupid data science ideas as well, probably.