|
|
|
|
|
by snek_case
1493 days ago
|
|
I feel like Netflix always kind of had an issue with poor taste. They have crappy reality shows and pseudo-documentaries about how the aliens build pyramids. A metric fuckton of content that caters to people with below average intelligence. In addition to this content being unhealthy because you either don't learn anything, or are actively being fed falsehoods, I think it just gives the platform a poor image. It's kind of sad because Netflix had over 5 billion in net income last year, and 30B in total revenue. Suppose that Netflix can afford to spend 15-20B on content a year. You could do so much with that money. I mean, 20B is 20 thousand million dollars. Assuming you take just 5 billion and fund indie movies at 20M a pop, you could produce 250 indie movies a year. If they were smart about it, they would give scholarships to kids coming out of movie school. Create movie making contests. Give a lot of fresh young creative people a shot, and keep funding the creatives that produce the better reviewed content... Like, you know... A meritocracy of sorts... Most people coming out of movie school never get to produce movies. There's just a lot of wasted talent out there. If you have tens of billions of dollars, there's no excuse for producing shit content year after year. |
|
Their reasoning was as simple as it can get. Their data showed what shows people liked in terms of genres and runtimes.
That might seem reasonable for short term gains until you realise how silly it is for longevity.