Netflix confirms it is increasing subscription prices, again, after adding 8.8 million customers::undefined

  • egeres@lemmy.world
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    11 months ago

    When did netflix become a FAANG company? What do they have that is so valuable? To me it seems like they don’t develop any particularly incredible tech besides streaming and storage

    • Syndic@feddit.de
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      11 months ago

      To me it seems like they don’t develop any particularly incredible tech besides streaming and storage

      Well they pretty much single-handedly started the whole streaming on demand service for movies and series and rapidly grew accordingly. This success even allowed them to get into the production side of the movie and series industry. They also destroyed the DVD market and stagnated the Blueray market on their own.

      Now they face more and more competitions after the other companies saw that there’s a lot of money in this. The lose of that monopoly of course impacts their success and they seem to struggle with it. But they still are a giant in that market segment. So it’s not surprising that they still are counted as a FAANG company.

  • nanoUFO@sh.itjust.works
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    11 months ago

    There is nothing on netflix that I would even want to watch and they canceled both the dark crystal and 1899. Also altered carbon was a disaster and black mirror is not what it used to be. Maybe 3 body problem will be the single good scifi series they made since the dark, maybe not.

    • Syndic@feddit.de
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      11 months ago

      Maybe 3 body problem will be the single good scifi series they made since the dark, maybe not.

      I just started the series and while I like it I don’t see how it will make for good TV due to it’s heavily philosophical nature. At least not without drastic change to the source material.