Is Netflix losing subscribers because it has too many bad shows?

The Daily Beast

"Netflix used to be a major prestige player, especially when it comes to TV," says Emma Fraser. "But lately it seems to be banking on the cheesy rom-coms, middling sci-fi, and action flicks that dominate its Top 10, while the TV side seems overrun by the trashy reality shows that tip into hate-watch territory. It’s in stark contrast to what's going on with Apple TV+, Hulu, and HBO Max, which seem to be churning out buzzy critical hits that are getting the kinds of accolades that Netflix used to monopolize. The industry drama going on now—the subscriber losses, the password drama, the insinuation that it will start incorporating ads—has sparked a State of the Union of sorts for other aspects of the service. Namely: When did its content get so bad? Maybe that’s not entirely fair, but when you’re a streaming service that creates TV and viewers are running away in droves, it does prompt the question. Or is it that its shows are more mediocre than they are excellent? Or has nothing changed except for the fact that the streaming competitors have caught up and are merely stealing some of the spotlight away from Netflix, which used to have it all to itself?" ALSO: Netflix's subscriber loss has led to low employee morale.