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Netflix earnings down (www.msn.com)

submitted 1 year ago by reddig33 to c/television

29 comments fedilink hide all child comments

All the naysayers were correct. Netflix is losing money and subscribers in North America.

Netflix did add subscribers, but not in the markets where they cracked down on password sharing. They added subscribers in countries where they don’t charge very much for subscriptions. So they didn’t make much money from the new subs.

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[–] [email protected] 5 points 1 year ago (1 children)

It's broken because infinite growth on a finite planet is impossible.

[–] nyar 2 points 1 year ago (1 children)

Sure, in reality. Capitalism isn't designed around reality.

[–] [email protected] 1 points 1 year ago (1 children)

So it's broken. Because it doesn't work in reality.

[–] nyar 3 points 1 year ago

It's functioning exactly as designed. That's not broken.