The Other McCain has the details on the stock price. Netflix Stock Has Lost 62% This Year.
They lost $54 billion of shareholder value in one day. Ouch. Normally I would say that would cause heads to roll, but in the upside down world of Woke, I doubt that will happen anytime soon.
Their problems started a year ago with sexualizing of children in the show “Cuties.” It hasn't gotten better.
They spent $13 billion on original content last year.
In other words, it’s crazy money, and they’re apparently squandering it on a lot of crap that nobody wants to watch.
Imagine being a film director. You could pitch anything at Netflix — Gay Korean Zombie Pirates! — and they’d give you a few million to produce it. Never mind whether anybody wants to watch your show, because that’s how it is with crazy money. Just write the checks, and who cares what you’re buying? Netflix is acting like the guy who wins the lottery and ends up spending it all on strippers and slot machines.
And don't go trying to steal his idea for a Netflix show.
There is more. Click thru.
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