Netflix earnings are not "down," they're just not growing as fast as The Market wants them to. This title is heavily editorialized and wrong.
this post was submitted on 20 Jul 2023
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Turns out infinite growth isn't possible and consumers will move on when a service becomes stale.
What is it with the obsession with infinite growth for every company anyways? Why can’t they be happy with a stable, still extremely high, income? The people at the top already have more money than they need but still want more for no reason
It's capitalism. Driving the economy by profit means that each company has to race to obtain as much profit as possible, or risk losing to their competitors who are trying to do the exact same thing.