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.

This article is cherry picked. They added millions more of subscribers because of this change.

Making it accessible in more countries must’ve had absolutely nothing to do with it. Zilch, nada, nothing. It was all about cracking down on password sharing. /s

But the thing is it actually did work and Netflix has seen a boost in revenue and the companies stock price.

www.msn.com/en-us/money/companies/…/ar-AA1fFSlp

Netflix can’t implement three different changes to its business model and then cherry pick one of those changes as the reason for the increased revenue. Well, maybe not can’t… They’re certainly trying to, and some folk are eating it up, apparently.

If the tire is flat on my car, and I:

• give the roof of my car a kiss
• pray to [deity] to fix it
• use an air compressor to inflate it

… I shouldn’t go around telling folk God fixed my flat tire.

Cool, but that analogy doesn’t work with how companies are valued.

The only thing that matters to the stock market is growth. It doesn’t matter how you get there (most of the time), as long as you’re posting positive numbers and your outlook looks good.