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.

  • nyar@lemmy.world
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    1 year ago

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

    • biddy
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      1 year ago

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

      • nyar@lemmy.world
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        1 year ago

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

        • biddy
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          1 year ago

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