![]() Maybe they did learn something from the mortgage crisis-when in doubt, throw money at a problem. This is not long after a Black doctor was denied service and accused of fraud without a shred of proof. ![]() They have also admitted to providing “ terrible customer service”-including allegations of discrimination against a Black investor. Other companies take note-if you’re angling for inclusion in the Bad Business Awards, wartime profiteering is a virtual guarantee. But there’s plenty of damage that can be done before that day, and JPMorgan Chase (as well as Citibank and HSBC) is being accused of war crimes after evidence of supporting Russian oil emerged during the current invasion of Ukraine. Some experts even believe that we will soon see the end of financial oligarchies altogether. To be fair, you’d be hard-pressed to find a banking titan that hasn't engaged in highly suspect conduct, such as using unapproved messaging tools to evade SEC oversight. Next thing you know, we’ll be writing about how AllStreaming.SUCKS-period. But Hulu, Amazon Video, and Disney+ better watch their backs. Netflix has had some missteps this year for sure. A few employees have now launched a labor complaint against the company…and honestly, good on them! Want to join them? Pick up Netflix.SUCKS and design your own protest page to share online. They even sunk as low as to suspend employees who spoke out in protest. Viewers, social media users, and even Netflix employees have decried the decision to launch the special-something Netflix executives completely ignored. Their ongoing relationship with problematic comedian Dave Chapelle shows the platform isn’t worried about “ punching down”. They are also unable to toe the fine line between “edgy” and “offensive” by hosting off-kilter comedy specials packed with a stunning amount of transphobic jokes and other abhorrent content. Sure, Netflix spokespeople vaguely promise a host of “new programming”-but does that really matter when they won’t stop prematurely canceling every franchise they invest in? Fan favorites like The Babysitter's Club, Atypical, Anne with an E, and Mystery Science Theatre 3000 are just a few recent additions to the chopping block. In fact, they openly acknowledge the move is in response to the successes of rivals like Hulu and Disney. Our Bad Business Award winner admits it’s not raising prices because of any new value-add. Netflix has even resorted to cracking down on password sharing in an effort to squeeze out every last penny from its viewers. Now streamers are just as bottom-line driven as the traditional media conglomerates they replaced, commercials have re-emerged and you need multiple subscriptions to keep abreast of all the buzzworthy shows. But the rest of the industry has caught up, and the resulting competition has destroyed streaming services’ initial customer-centric revolution. So what happened to the content darling? Netflix began as innovators: digital entertainment free from annoying commercial breaks and the sky-high costs of cable.
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