this post was submitted on 20 Jul 2023
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Television

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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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[–] Enigma@sh.itjust.works 15 points 1 year ago* (last edited 1 year ago)

Infinite growth is also impossible as there are only so many people on this planet, and even less that are able to afford these services.