Re:Netflix never used its $1M algorithm (2012)
by caballeto on Wednesday January 10, 2024 @05:08PM
(#38944041)
Neflix revenue went from 4.3b in 2013 to 31b in 2022. Astounding success by any measure. That means they are doing something right, including their talent strategy. "garbage" is subjective. Neflix employees are likely paid bonuses on views / subscriptions generated, which from their revenues looks like they know how to hit.
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Re:Netflix never used its $1M algorithm (2012)
by digging on Wednesday January 10, 2024 @07:05PM
(#38945457)
> revenue went from 4.3b in 2013 to 31b in 2022 ... That means they are doing something right
Yes.
> including their talent strategy
No.
It only means they're doing one thing right: income > expenses. Beyond that, revenue tells us nothing about how they're increasing it.
Re:Netflix never used its $1M algorithm (2012)
by glow8 on Thursday January 11, 2024 @06:40AM
(#38950916)
> It only means they're doing one thing right: income > expenses. Beyond that, revenue tells us nothing about how they're increasing it.
That would be profit, not revenue. Still, in terms of profit they went from $25M to $4.5B.