Netflix just laid off 1,000 employees and replaced both its head of content and head of film.

Meanwhile, Americans spend nearly twice as much time watching YouTube on their TVs as Netflix.

Netflix seems increasingly vulnerable and may have overplayed its hand with price hikes & ads.

I subscribe to both and can’t remember when last I watched Netflix yet listen to music & check in on a few channels on my TV daily.

https://www.wsj.com/business/media/netflix-replaces-content-chief-as-it-struggles-to-engage-viewers-c179e0ba?mod=article_inline