Just over a decade ago, Netflix was king.
The ability to rent movies in the mail – then the ability to stream them online – killed the giant retail video industry (RIP, Blockbuster!). At one point, internet providers were warring with Netflix because the site used a disproportionate percentage of all web traffic, putting a serious strain on the lower-tech servers and infrastructure back in the ancient era of 2010.
As Netflix rose supreme, it promised that it would upset the entertainment industry by creating exclusive content directly, cutting out the Hollywood middlemen in production and the cinema to restructure film forever.
But then something happened. Instead of awesome movies and TV shows, we got pedophilic "Cuties" and raunchy "Bridgerton," along with a barrage of woke crud and a few "meh" films (with maybe one good WWII film and an action flick starring Dwayne Johnson and Ryan Reynolds).
The result is this news from Tuesday:
Shares of Netflix cratered more than 20% on Tuesday after the company reported a loss of 200,000 subscribers during the first quarter. This is the first time the streamer has reported a subscriber loss in more than a decade. From a report:
The company also said it expects to lose 2 million subscribers in the second quarter. A loss of 200,000 compared with 2.73 million adds expected, according to StreetAccount estimates. Netflix previously told shareholders it expected to add 2.5 million net subscribers during the first quarter. Analysts had predicted that number will be closer to 2.7 million.
The company blamed Russia because that's the cool thing to do right now, but let's be honest.
Most of you kept watching because there was "The Office," "Parks and Rec," the Marvel Universe, and "Seinfeld," but the old-school media empire finally learned how streaming works, like your grandma who finally learned how to use Facebook when everyone stopped using it in 2018.
Now, the only reason to still own Netflix is for a paltry offering of so-so shows from yesteryear (and Seinfeld). Their latest big show? A nature documentary narrated by Barack Obama, who was (if you have ears to hear) hands-down the most divisive president that did more damage to America than anyone in a century.
Oh, then there's THIS new series launching tomorrow!
Everything is woke and gross and preachy and cringeworthy.
But don't just take my word for it:
In short, Netflix could have changed the game and stayed king. But then it got infected with the woke mind virus, and soon it'll be a relic of the past.
Our civilization will be too unless we course-correct immediately!
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