Netflix Reaps What It Sows
Everyone wants to come up with complicated reasons Netflix is in trouble, when it&#x27;s basically 99.99% that they had a defacto monopoly and everyone was ok licensing them all of their IP for a while so literally every single show and movie was there, and now in the last few years all of the content producing companies have caught up to parity and pulled their huge content libraries. Their originals are perfectly competitive with other similarly sized studios, but it&#x27;s never going to be anywhere near enough to have the power they had up until now. They were TV, now they&#x27;re a channel.