this post was submitted on 10 Aug 2023
229 points (98.7% liked)

World News

31911 readers
459 users here now

News from around the world!

Rules:

founded 4 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 6 points 1 year ago (2 children)

they saw all the lemmings get new Netflix accounts, and figured if the sheep were lining up to be shorn, they might as well get their share too

[–] [email protected] 7 points 1 year ago (1 children)

The market is so short sited. Sure, Netflix saw a bump in subscribers last quarter, but what were the cancellation numbers in the same quarter? I never got to see that info. I'm sure there's more than a handful of people that didn't mind spending $10 to finish the series they were binging, just to cancel the subscription shortly after. If you have more subscribers and more cancellations, does it really matter?

[–] [email protected] 6 points 1 year ago

All that matters is how you frame your situation to your investors.

[–] [email protected] 2 points 1 year ago (1 children)

It helps that Disney is desperate for money, immediately if not sooner.

[–] [email protected] 5 points 1 year ago

corporations always say they're desperate for money, since they pay out any money they have to shareholders and executive salaries, and whoops, look at that, desperate for money again, can you believe it, we just don't know how we could have avoided this desperation in the first place. it's the dril candles meme, and everyone keeps stoking it.