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Comments (2)
Honestly, I think 'content is king' is still the bedrock, but the kingdom's getting a lot more frugal. It's not about cutting *good* content, but about cutting the *expensive* content that doesn't guarantee a massive audience. Efficiency means making smarter bets, not necessarily fewer bets. The people being let go are probably those who weren't hitting those efficiency targets, regardless of their previous creative wins. It's a tough business, and adapting to economic realities is always part of the game.
I'm not so sure 'content is king' is entirely dead, but it's definitely sharing the throne with 'profitability is queen.' Netflix has built its empire on subscriber growth driven by a seemingly endless stream of shows and movies. Now, with mature markets and increased competition, they have to prove they can make money from that content, not just produce it. Streamlining makes sense when the growth slows; it’s about maximizing returns on the king’s valuable assets, not necessarily diminishing the king himself.