[skeeter2020]

...and Netflix couldn't grow as a tech company paying the ever increasing content costs (and wasn't happy with a utility company valuation) so has spent enormous sums on just terrible shows.

If you're an executive at any of these companies: VERTICAL INTEGRATION

If you're an outsider looking in: GREED

[Solvency]

Ok but what's wrong with becoming a basic content internet utility? Why can't Netflix "just" be YouTube for professionally made TV and movie content, with a great UI? Why is that a bad business?

[nvm0n2]

They tried, didn't they? The move into content was forced when the content producers started pulling the licenses.

[dudus]

It's not a bad business it's just a different business. What you are describing already exists and is less valuable than Netflix.

Nebula, brilliant, masterclass, dropout, ...

I do recommend all of these. They provide a stream of high quality YouTube like content.

[voakbasda]

The Netflix Ui/UX sucks bad enough that I quit the service over it. I for one do not want them to gain a foothold in the market similar to YouTube, because their market dominance would just lead to the formation of yet another cesspool of shit content.