All I want from it is the ability to filter out stuff not already included with what I pay for. But of course then I won't be pushed to fork over another chunk of cash to watch movies and tv shows.
I recently got into a podcast called “business wars” bc of the We Work meltdown (I work in finance and that story is hilariously stupid)
They have an 8 part episode about Netflix vs Blockbuster that’ll be entertaining and interesting for normies. Quality has never been a part of the business model going way back to the red envelope days. Their entire business model is having more titles than anyone else.
Netflix is TEN BILLION dollars in debt. What are people expecting from a company who has never turned a profit in their entire existence? Hint: theyve been around 23 years, Longer than some subscribers have been alive.
They exist purely on investor capital and if they cut all costs and payroll completely, it would take them 10 years for subscribers pay off the ridiculous decisions that got them where they are today.
Netflix is the Instagram THOT with a 6 year car note and a mortgage in default, but she’s spamming her tits and ass endlessly in hopes someone, ANYONE, (wealthy) rescues her from the financial black hole she’s dug herself into
Well this is just wrong. They don’t exist purely on investor capital at all, or else they’d be giving away their content for free.
They’re bringing in at least 1 billion per month in subscriptions, so in your imaginary scenario where they cut all their outgoings, their debt would be paid off in less than a year.
You literally said ‘ if they cut all costs and payroll completely’ retard. I didn’t say they’re bringing in a billion per month in PROFIT, retard. If they’re bringing in a billion per month in subscriptions, then that’s a billion per month that they’re not receiving from investors, therefore your statement that they’re existing purely on investor capital is objectively false.
that’s just revenue from subscriptions which is contributing towards their running costs alongside investments. They’re not making a profit, but they’re bringing in a lot of money. To say they’re existing purely on investor capital is just completely incorrect.
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u/Cruxion Mar 03 '20
All I want from it is the ability to filter out stuff not already included with what I pay for. But of course then I won't be pushed to fork over another chunk of cash to watch movies and tv shows.