Part 6/14:
Similarly, Netflix’s decision to stop publicly reporting subscriber figures has set a precedent, aligning with the industry’s transition from showcasing raw growth to focusing on profits. Disney’s narrative has shifted from boastful announcements of success to the convenient ambiguity of “less meaningful” metrics. These are signs of an industry that’s reeling from oversaturation, poor-performing content, and a lack of consumer interest. The reality is that many of these services are fighting to stay relevant amid a sea of competition, but their financials increasingly reveal stagnation and failure.