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Netflix Has Lost the War on Movie Theaters — Netflix spent the last 10 years trying to render movie theaters obsolete. Now the company is giving up just in time to avoid becoming obsolete itself. Discussion (www.indiewire.com)
submitted 1 week ago by to c/movies@piefed.social
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[–] 11 points 1 week ago (2 children)

Any company who stops servicing their customer and starts nickel and diming them to death will ultimately fail. Short-term cash grabs keep the shareholders happy though.

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  • [–] 11 points 1 week ago (1 child)

    This whole idea of "keeping the shareholders happy," is also such bad business. The modern share holder being catered to is the day trader: buy in before we grow large, dump the stock when we peak before we lose all value.

    The classic and traditional shareholder being "middle class America holding the stock of companies whose mission they believe in," is long dead, if it were ever real.

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