All the top talent they've acquired and money spent still can't save them from their complete garbage lineup of content they push out, all while limiting account access and raising prices.
Neflix revenue went from 4.3b in 2013 to 31b in 2022. Astounding success by any measure. That means they are doing something right, including their talent strategy. "garbage" is subjective. Neflix employees are likely paid bonuses on views / subscriptions generated, which from their revenues looks like they know how to hit.
Netflix obviously since enjoyed a period of success. You may need to reconcile that with your overly negative portrayal of the situation which honestly seems more about your personal feelings about Netflix rather than more objective measures of success.
You call it garbage content, but every other person is somehow watching them. I’m probably not their target audience, but looking at my friend circles, those shows are definitely being consumed.
Not only being watched, but most desired. Like, people threatened to cancel netflix if they implemented password sharing but inevery country they implemented it, they actually grew on subscriber numbers..
Unlike the old days of broadcast TV when the networks had to produce shows that appealed to the broadest possible audience, Netflix can, and does, produce shows that appeal to a narrow demographic. This results in a sliver of shows that are highly appealing amidst a lot of stuff perceived as "garbage." But what a teenage boy thinks is garbage differs widely from what a retired grandma things is garbage. To each their own.
I kind of agree with you. I feel like there's a narrow set of content there worth watching and when you get through it all it's just like: okay, now what? There's nothing else worth watching. I haven't been able to use my netflix account for months now. I just go to youtube now and subscribe to channels I like. Seems much more interesting than netflix.
Currently following some interesting permaculture projects. I find the type of work these people do so useful and clever really.
It's funny, all the top talent, all the blog posts, yet sorry to say as everyone has long learned, streaming platforms are utter commodity and were not an unique advantage at all. All made up. They were always just a nice wrapping paper around their content & licensing.