this post was submitted on 20 Jul 2023
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Television

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Netflix earnings down (www.msn.com)
submitted 1 year ago by reddig33@lemmy.world to c/television@lemmy.world
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All the naysayers were correct. Netflix is losing money and subscribers in North America.

Netflix did add subscribers, but not in the markets where they cracked down on password sharing. They added subscribers in countries where they don’t charge very much for subscriptions. So they didn’t make much money from the new subs.

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[–] nyar@lemmy.world 6 points 1 year ago (1 children)

Not really broken if that's always been it's core tenet. It's working as designed.

[–] biddy@feddit.nl 5 points 1 year ago (1 children)

It's broken because infinite growth on a finite planet is impossible.

[–] nyar@lemmy.world 2 points 1 year ago (1 children)

Sure, in reality. Capitalism isn't designed around reality.

[–] biddy@feddit.nl 1 points 1 year ago (1 children)

So it's broken. Because it doesn't work in reality.

[–] nyar@lemmy.world 3 points 1 year ago

It's functioning exactly as designed. That's not broken.