200,000 users abandon Netflix after crackdown backfires

https://lemmy.world/post/4077583

200,000 users abandon Netflix after crackdown backfires - Lemmy.world

200,000 users abandon Netflix after crackdown backfires::Aussies have spoken, and the results are not looking good for Netflix. A new report reveals why users are turning to streaming competitors.

I guess the lesson is that Netflix was always doomed the moment the companies that actually produce and/or own all the content realized how lucrative streaming could be. They were only as successful as they were because they had no competition.
The business articles about how companies like Disney and others that “that actually produce and/or own all the content” are struggling to compete kinda suggests otherwise though.