this post was submitted on 04 Nov 2023
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Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ
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Netflix is still making money, and the cost of their tech is utterly dwarfed by the cost of creating and licensing content, so I'm not sure what your point is.
Sorry to burst your bubble, but Netflix is $13b in debt. That is THIRTEEN BILLION USD IN DEBT. It's a fact. The streaming arm of the company was the only profitable part for about two years when they first started it.
As far as their tech goes, and you can Google if you want, they would make more money per customer if they dropped the other bullshit, and just focused on streaming content.