Netflix is still operating like they did 10+ years ago when they were the only streaming service on the market.
When they started doing series, there was no competition. Network TV wasn’t putting out anything worth watching and Cable, HBO, Showtime were putting out the premiere series back then.
What gave the Netflix the jump was releasing all the episodes at once. Netflix would debut the new season on a Thursday, folks would get off of work Friday and start binging the season Friday night going thru Saturday which gave it high ratings.
Now, there is a shit load of streaming sites putting out top content. Folks only have a limited time to watch all this shit, especially if you working a 9/5 job and possibly doing overtime. Lots of folks are working multiple jobs so their personal time is limited.
And like i pointed out earlier, cuz folks are struggling financially, they bounce around from streaming services and only purchase one at a time, bing everything that came out over the past year, cancel and wait until next year to do again, and jump to the next streaming service…
And it doesn’t help that you gotta wait 2 or more years for a new season.
Netflix needs to adjust quickly or they gonna lose longtime monthly subscribers.
^^^^
Every time we think they dead though?
They raise the rates again and make even more money and get even more subscribers.
Explain that crazy sh*t?