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Why Did Netflix Lose So Many Subscribers and Stock Value?

#mask#netflix#ads#wear#chinese
the transcript auto-captions · entered into evidence

0:00 [Music] this story is good because i think it's a good chance to get a great opinion from the everyman about netflix so yeah let's talk some ████ y'all didn't dip like a ████ yeah so netflix did dip uh it dipped pretty massively the stocks dropped 37 percent 50 billion in value wow and in a quarter where they were thinking that they were going to increase by um they predicted 2.5 million new subs for i think that year they actually started the quarter off losing 200k yeah wow no no yeah the thing is it's like there's so many you know obviously they have a lot of investors that they have to kind of like quell

0:50 um and a lot of the reasons for why this happened don't really sound too good like they're saying like oh it's because there's uh not a lot of broadband support in a lot of areas or that like they're it's too slow the growth of broadband availability but you kind of think is that the reason i thought we got over that problem yeah i thought it was if i never heard broadway i felt like it was just the relapse of the pandemic yeah that's another reason like everyone everyone like had like uh like what was crazy is the minute the pandemic hit right everyone was adopting that lifestyle so everyone was subscriptions like crazy and what was nuts was uh even for on the barbell brigade site our joggers were selling out like crazy because everyone was gonna be at home everyone's just chilling like the most random items that we never thought would sell out were selling out and then i think now that people are coming out and feel more safe

1:41 it's just the swing back oh yeah yeah they're not going to stay home and maybe watch netflix especially because their prices went up yeah and then there's no new content and ████ are they returning all the joggers [Laughter] all the people that built businesses on just like masks what are they going to do bro they're both talking about cages like that bro yeah what are you going to do now kenz but yeah the uh there's tons of reasons they gave that is one of them they think the stay at home orders are a big part of it also uh this one they said is that a lot of people are sharing passwords now that's what i was doing i got like 10 people on mine bro you didn't say that they've been doing that though right exactly

2:31 they've been that's not new why are they saying like they're aware of that yeah but i mean i think as a response from a lot of uh like tech people or like uh channels that are reviewing this they're saying that it's it's due to the content not being as good yeah i kind of agree really but ozarks is on there i watched it in 2021 but if you watch all the stuff it's all done yeah you know what i've been on you know like when you have your plate of food ready to eat and you're just like looking for something yeah my food be getting cold lately you never will find anyone i'm just like scrolling it's because i've watched everything too yeah but also they they give you too much content at once they need to do like the slow drift like hbo does a good job at once a week in one episode they dropped the whole season of ozark people watching one day and never which is which is kind of cool but also it's like

3:22 you don't appreciate the show after a while people were talking about euphoria forever yeah yeah that's why i wait until it's all dropped and then i go and watch it when i'm not really cool because everyone's talking about it then i watch it afterwards like what do you guys watch like what do you guys go on netflix for to watch i'm watching versailles right now there's this there's this new show it's obama talking about i love that show that's what we've been watching yeah oh yeah i was watching that actually an animal too animal's really good obama talked about what he's like it's just nature bro it's so cool it's honestly he's such a good narrator because his voice man yeah yeah i've been watching like random documentaries yeah yeah yeah like murder ones you watch murder docs murder ones and also there's like there was this one called bad vegan oh i heard about that oh man that one was nuts it's pretty ████ yeah yeah

4:12 that's right and like the tinder swindler and stuff like oh yeah i keep forgetting about that one like those ones i'm like okay keep doing that because i'll watch for that but all the netflix original stuff i haven't touched was squid games on netflix yeah it was yeah so that's probably their last big that was their hitter that one and then they just had that movie with uh ryan reynolds called the atom project oh yeah you know what that was pretty good that was actually really good too wait wasn't was netflix don't look up don't look up yeah but i i like i agree with that but also i wouldn't want them to change it how they like drop everything at once because i like that because then i'll sit there and binge it but that's how i watch shows yeah but also it would make more sense right because like hbo i was watching the show with john cena and like every thursday they released an episode so you have to sit there and wait and wait and wait so it makes sense are we pretty universal in the fact that we all kind of don't watch netflix as

5:02 much now yeah i have a kid so i just watch all the stupid ass ████ he wants to watch spiderman five days in a row over and over right now we've been watching this uh we go on youtube to watch old videos uh movies and it's gently the master and then you know like hong kong cinema like they'll bring people that are wushu champs right to do their movies but they might not be from hong kong so when they speak they're speaking mandarin and now the rest of the cast is speaking cantonese yeah so the whole movie in titus is like is that chinese was that chinese is that chinese i mean they're all chinese there's so many chinese i'm like i know it's i'm like it's because jet li is a wushu champion for me i've been explaining all this ████ ████ to him he still doesn't get it like you could just say that's mandarin and that's cantonese there's adults that wouldn't get that yeah he's like two different chinese

5:52 well there's also adults who think that japanese chinese filipino all that ████ is chinese so it doesn't ████ matter i agree i'm with them squid game i don't watch that chinese ████ you want me to read while i watch it's crazy i don't i feel like when they lost the office too it ████ tomorrow ah okay because like i literally have peacock now just for the wow okay that's a really good point like two bucks a month or something no it's two you still get ads do you get ads no no i i once you like so yeah i don't know maybe it's just like a more expensive one but the one that we have yeah there's no ads because you can get free peacock but it only gives you like up to season like three or four on the office and then when you pay you get all of them and then you get the premium one with like the extra stuff it's called super fan episodes well they're like they're like

6:43 an extra 15 minutes long and there's all these deleted scenes in it i can't even tell the difference though no i can on those sometimes when i wa because i've seen i've watched the office so much that i'm like some some of them i don't like because i'm like yeah isn't it i'm so used to the original episode but outtakes it's not it's it's like deleted scenes so it's longer so it's a longer episode i want to hear like bloopers and stuff those are my favorite i watched the bloopers on youtube but i know yeah i feel i i feel like that probably hit him the most because like more competition too just definitely more complicated did they say that they're gonna do like a lower tier with uh ads they're thinking of doing that but their their main their main objective is to figure out a way to get people to not password share as much or to give some kind of incentive for people can't you just do the ip address

7:33 check thing or just limit you know they don't want to if they were just to make it illegal then no one would have netflix like so it's like it's a thing where they want to like give some kind of incentive to the people not doing that or to the person who originally signed up like the first account maybe gets something that the others the shared ones don't because like espn you can only you can only only like three devices can watch on one account like a ufc right yeah yeah that ████ app is useless though let me tell you i got gripes with that ████ hat yeah right yeah it's the worst ████ app of all time yeah like i'll watch it like if we're watching it in the like the fights on the in the living room and i have to go to the bathroom i'll bring my ipad but then if like someone else like because i have all these people in my account if they're watching it that won't work on my ipad then i have to like sign out on my phone and text someone to sign out on their tv so i can just watch it on my ipad so you wanna you wanna know one of the reasons i read

8:23 that i it was really ████ interesting uh there's some outlets that are saying netflix is plunging because it got too woke really i thought they weren't awoke enough like they were letting dave chappelle's special stay on that's dope i like like i thought yeah you talking about the content yeah content-wise yeah there's a something like uh yeah they're saying that like well i thought all of hollywood is woke so it's like what do you expect yeah you know do you want more alex jones ████ or what like i don't get like bro his show on netflix might kill though you know it might dude it probably would it would be hilarious is it across the board though is it like like the whole market every single subscription app is taking the like 10 20 dick so if that's the case it could be a swing back but if it's only netflix and everyone else is crushing it i mean

9:13 peloton did pretty ████ hard peloton took a big ass that makes the most sense it's like people are just out again it's not like how it was last year people were riding bikes in the street except l.a feels it still feels like it's a little bit weird here like because people in la are weird though yeah la is really ████ weird people yeah people some people in l.a make it weird no they just recently said no mask on planes is my ████ still wearing that ████ yeah i'm like you would like this yeah and they're mad that you're not wearing bart made fun of me the first day that the mask came off i worked out with him and i came with my mask he's like geo look alex wore his mask in the gym yeah loser i was like damn my bad players well cause remember when uh when they said they lifted the mask band for the planes and then on the plane the announcer was like guys we could take our mask off and everyone was like cheering and then

10:03 after that video got around like people who were against that were like how could you cheer for the deaths of so many people see look here's not what they're cherry look yeah it's not like yes we're murderers we want to kill everybody i get it like yeah mass help whatever but doesn't mean i want to still wear them all the time you know what i mean you could be on both sides of the team but also you can wear it like no one's stopping you yeah you wear a mask if you want they're just the people that actually believed all the fear-mongering and propaganda and then they're just still stuck on it and they don't they don't they're in disbelief that it can be lifted so easily and there's a lot of people that really just can't go back on how convicted they were about yeah what was the truth to them exactly so now they're just like no it's a way of life well they're still covered out there we have to still get it what are you guys doing definitely at a place where i'm like i usually sound like that you know when

10:54 like they lifted it and like now there's a new mask mandate like it went back and forth i was like i don't know where we're at right now so now whenever there's like oh no mass man i'm like all right that's the that's the rule right now all right cool i can blame somebody i'm like oh i don't know the government like i don't know guys it's not me that's my move that's my move like i don't know where we're at there's too many i gotta subscribe that's most people i think most people don't want to wear it but most people want to be law abiding yeah so if the law flipped then most people thank god i don't want to wear you know that that's kind of how i am it's like all right if it's required or whatever yeah i'll wear it but yeah if i don't have to wear it i'm not going to wear it like i went to the post office the other day and i walked in and i saw these people with masks on and then i saw the sign saying oh you need a mask and i was like ████ i don't have a mask so i went to my living room yet probably yeah i know then i was rifling through my ████ car to find a map oh i found a mess perfect i walk in and

11:45 then i see five people with no mask on and i'm like ████ i'm just wasting time so i might as well just stick to my convictions yeah not where i'm at yeah you know what i'm just i'm just anti-mask now yeah i'm just anti-matter like even when there are rules i'm like ████ it dude i cove is not even real i'm just staying my ass at home how about that you're like you're not that different man i'm retroactively anti-mask now [Music] you

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