2022 hasn’t exactly been a great year for Netflix. The streaming giant is still gigantic but no longer as giant as it once was.
After losing roughly 2 million subscribers in Q1, it lost another million or so last quarter. And there’s a massive reorientation of content production in-house, downsizing their output and shutting down certain creative divisions altogether.
READ MORE: Netflix To Shift Gears For Its Future Releases, With “Bigger, Fewer, Better” Films But don’t confuse downsizing for downfall: Netflix is still a massive force to be reckoned with in the streaming industry.
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