alt Hacker NewsNFLX is publicly owned with only one share class and it only does video streaming so it does that.
Anyone motivated to do this for a smaller group would rather just run a private tracker. The overheads are enormous when you’re not negotiating in bulk.
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ricardobeat • today at 4:05 PM
Netflix has "optimized" their app to the point where you're cycling between the same 30-40 recommendations on every screen, just grouped a little different. The catalog shrinks every year. And they invest large amounts into producing their own algorithm-based content instead of acquiring more.
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Netflix isn't owned by its subscribers is the critical difference. You don't buy shares of NFLX to gain access to the service, and subscribing does not come with any shares/voting rights.