There’s a lot of good stuff to chew on in this Hollywood Reporter take on Netflix hitting the wall, this time from a content quality and quantity point of view.
They greenlit an insane number of series and movies, threw a lot of money at people who either knew how to indulge themselves in spending it, or have no business spending it in the first place.
Spielberg and I have been saying that for years.
Kim Masters’ piece on their reckoning is here, schadenfreude and all. https://www.hollywoodreporter.com/business/digital/netflixs-big-wake-up-call-the-power-clash-behind-the-crash-1235136004/