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Netflix is turning into cable TV (www.theverge.com)

submitted 5 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Netflix is turning into cable TV::After the loss of behind-the-scenes talent and the acquisition of rights to WWE, Netflix is starting to feel more and more like basic cable.

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[–] TheFriar@lemm.ee 6 points 5 months ago* (last edited 5 months ago)

And it’s a pretty massive audience. This could officially be the end of Netflix as a movie powerhouse, but it isn’t a bad business strategy. Especially with how much they’re raking in from people paying for ads on top of the advertising dollars they’re earning from running them in the first place. They’re phasing out the cheapest ad free option. It’s a big gamble. And, honestly? Fuck ‘em if it doesn’t work. I mean, fuck ‘em if it does work too. I know I don’t personally give a shit about wrestling. (I don’t give a shit about their profits either. They’re not getting my booty. Yo-ho.)