Netflix Inc. has seen a decline in user engagement, with customers opening the app less frequently than before. Although total watch time increased due to new subscribers, individual viewing has decreased significantly during this period. The company is facing challenges such as increased competition and fewer hit productions impacting viewer attraction. In response to these issues, Netflix has made leadership changes to strengthen its content strategy and overall business model.
I finally canceled my Netflix in favor of going full Plex. They upped their subscription price for the last time and I was sick of it.
I cancelled and went Jellyfin recently. High-five friend! It was the price hike and reality slop for me.