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Netflix earnings down (www.msn.com)

submitted 1 year ago by [email protected] to c/[email protected]

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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] 6 points 1 year ago (1 children)

Not really broken if that's always been it's core tenet. It's working as designed.

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

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

[–] [email protected] 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.

[–] [email protected] 3 points 1 year ago

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