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[–] 7 points 3 years ago (9 children)

I'm not clicking on a Bloomberg link, can someone give me a QRD on these? TIA

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  • [–] 12 points 3 years ago* (1 child)

    Netflix to Open Stores Where Fans Can Play, Shop and Eat in 2025

    • Its first permanent retail sites will be named ‘Netflix House’
    • Initial locations in US will be followed by global expansion

    Netflix, Inc. plans to open new destinations where fans can immerse themselves in the worlds of their favorite TV shows, shop for clothing, eat themed food and maybe even try a Squid Game obstacle course.

    Dubbed Netflix House, the venues will feature a mix of retail, dining and live experiences, according to Josh Simon, the company’s vice president of consumer products. The streaming TV pioneer plans to open the first two in the US in 2025 and then expand the concept around the world.

    That's the entire article. Barely two paragraphs.

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  • [–] [S] 4 points 3 years ago (4 children)
  • [–] 9 points 3 years ago (1 child)

    Amazingly the idea is stupider than I imagined

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  • [–] 5 points 3 years ago

    They lost a shit-ton of the content that made them a popular platform over the last 10y, then they alienated their customers when they pivoted on plan sharing, then they cranked up prices repeatedly. But surely physical stores where they can sell merchandise will turn things around right? Right??

    I'm curious to see just how much money they're going to burn trying to make this a thing.

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