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Netflix said in its earnings report last week that “Lupin” is set to rack up 70 million views in its first month, a new record.
The company is promising new original content weekly to attract and keep subscribers.
Some industry insiders are wondering whether it’s an overly ambitious strategy for the streaming giant.
The new reality at the streaming service: Three years is a good run; more than that means a big hit.
“The threats that get you are the substitution threats,” Netflix’s co-founder and CEO said.
The move should help the banks make more loans in communities of color. But deposits are just one way to help the institutions.
The co-founder of Netflix and his wife hope their donations will help “reverse generations of inequality.”
The company says it has enough new content for months to come.
So far most say it’s just the cost of doing business, but as the practice proliferates, changes could come to the industry.
The tech company lacks the vast content of competitors but has buzz and money.