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melody_elf t1_j5rkn5u wrote

Reply to comment by alzee76 in Ted Sarandos says that Netflix has “never canceled a successful show” by avery5712

Their metrics are bad. They focus entirely on short term, rapid growth hits (like Squid Game and Stranger Things) that bring in new users and not on a long-term plan around loyalty and retention. Then they wonder why they can't keep users around.

Their stock has been on a downward slope for a long time now so I think they should listen to their users.

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alzee76 t1_j5rlotv wrote

> They focus entirely on short term, rapid growth

This is pure speculation on your part. I like how you treat it as a fact.

> Then they wonder why they can't keep users around.

Care to speculate some more, maybe on when and why I canceled my subscription? It'll be funny to see you completely whiff another one.

> Their stock has been on a downward slope for a long time now

No, it hasn't. It had a precipitous fall in the first half of 2022. It's been steadily trending upwards since then.

> so I think they should listen to their users.

You should probably learn what their actual motives are and what their stock is actually doing before forming such opinions.

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melody_elf t1_j5rm159 wrote

Of course this is a useless source in a Reddit argument but my friend is an engineer at Netflix and I'm mostly echoing her takes. Ofc she can be wrong but I'm not completely speculating. I don't really care why you cancelled your netflix subscription.

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alzee76 t1_j5rmeu4 wrote

> Ofc she can be wrong but I'm not completely speculating.

Unless she's routinely invited to board meetings or she's peeping at people's emails, she is. I was an engineer at Paypal and I can tell you exactly 0% about how top management came to their decisions. Same with every other Fortune 500 company I've worked for, and there are a handful.

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melody_elf t1_j5rmrx6 wrote

That's fair. I feel like I usually understand what's going on strategically at the companies I work for, but also all the businesses I've worked for have had less than 200 employees or so, so it's not that hard. I imagine the level of transparency is not high at a Fortune 500.

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