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submitted 2 years 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 2 years ago

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

[-] biddy@feddit.nl 5 points 2 years ago

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

[-] nyar@lemmy.world 2 points 2 years ago

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

[-] biddy@feddit.nl 1 points 2 years ago

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

[-] nyar@lemmy.world 3 points 2 years ago

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

this post was submitted on 20 Jul 2023

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