Does it? Is there proof this time? Last time the media jumped on this narrative, it turned out Netflix had lost subscribers in western nations where they’d cracked down, and simply added users in cheaper emerging markets.
The fact that they are adding pro wrestling to the channel does not bode well for their future. It’s what cable networks did when they started hemorrhaging users (see SyFy).
Netflix is also getting rid of their cheapest plan. Another sign they aren’t doing so great.
These articles are written by the subjects. I used to think they had to at least take the journalists out to a nice lunch or something, but in fact there are no actual journalists involved. Sad
The media takes a press release, signs off on it and releases it usually word for word a lot. They’ll put their name and brand on it, but that’s a honest to goodness press release.
This article might be a blend, strange that at least on mobile I can’t find an author for this one.
SyFy also did the same shit as Netflix and cancelled all their shows after two seasons. I liked a lot of their shows but after a while SyFy became synonymous with "no point in getting invested" which is where Netflix has been for a long time for me. I dropped it long before the password crackdown crap. Hoist the sails, me mateys!
I honestly thought dark matter, killjoys, and the expanse were Syfy turning over a new leaf and really going back to their roots to keep the network relevant. Guess I was wrong...