Comment by raw_anon_1111
12 hours ago
Netflix very much was priced below the cost of production for years and had to borrow money to make Netflix originals.
12 hours ago
Netflix very much was priced below the cost of production for years and had to borrow money to make Netflix originals.
I'm not familiar with their originals economics, but the original streaming Netflix was not priced below the cost. As evidenced by them keeping the same subscription cost for years.
How is that “evidence” of anything? The “evidence” that they were charging less for subscriptions than it cost to run the streaming service is that they were borrowing billions of dollars to both license content and create new content over the course of years.
Netflix borrowed $16 billion over a decades
https://www.nytimes.com/2021/01/19/business/netflix-earnings...
Because subscriptions didn’t make enough money to fund its business. Were they being “anti competitive”?
Yes. They were. The US just hasn't enforced antitrust laws in decades.
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