Re:Netflix Should Sell Ads
by Ericson2314 on Tuesday April 05, 2022 @02:37PM
(#30923041)
Without getting to "rate of profit tends to fall-y" the goal of a business, rather than its owners, should be to become a utility.
Low margin, boring, ubiquitous, essential.
This is the highest award society bestows on a good service.
Newspapers? Hah. Spotify? Perhaps.
The problem with capital-gains-driven investment is Netflix can't just sit semi-sustainability at a steady share price and just pay out a dividend. Instead we're likely to see all sorts of jerking around until the business shoots itself in the foot.