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Netflix enshittification will continue until morale improves (lemmy.dbzer0.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 10 months ago

Step 2 is doubly true. Because not only did they steal the studios users, and dent their profit margins being competitive, they also went out and became their own studio.

Out of survival in a way, but their brand is so strong they keep most of users despite any conversion rate Netflix's competitors have.