Netflix’s bad habits have caught up with it
Netflix really had a value proposition a few years ago before all the other players came in. A good selection of rotating movies and shows, sharing accounts with a good model (# of simultaneously running screens). This was way better than cable TV and more convenient than torrent.<p>Now it’s mostly quite mediocre content across services that easily cost $100+ a month, so we’re back to the old cable days in terms of cost and content and instead of switching channels we’re endlessly browsing the library for something interesting.<p>The consumers just aren’t complete idiots.<p>- lower quality productions (not the necessarily the cost, just not interesting)<p>- less good external content<p>- at the same time constantly increasing prices and&#x2F;or charging for things that were free at a given tier<p>If you keep charging more for less, people eventually will get off their lazy asses and cancel the subscription.<p>One other thing that may have contributed: trying to keep users on the platform for long makes it more difficult to have good content left that hasn’t been watched.<p>Edit: formatting