Comment by zamadatix
4 days ago
Netflix's death has been greatly exaggerated on HN. It's not popular with us, and for good reasons, but it's ever more popular both in terms of subscribers and viewer hours. It's not the easiest to always get the exact and best content you want but it's the best to get okay content any time. The latter tends to drive the average user.
Their stock had a scare in 2022, but it's recovered: https://www.google.com/finance/quote/NFLX:NASDAQ?sa=X&ved=2a...
Even then that was a scare of what people's perception of the future of the company was was, not actual negative performance metrics. Netflix continued to gain subscribers despite the concerns of the time (covid ending, changes in competition, changes in content) hence the quick stock recovery as the doubts evaporated.