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Is Netflix Crumbling?
Like Blockbuster before it, Netflix is losing its edge.
Something very odd seems to be happening lately.
Several large companies that heretofore looked untouchable- set to dominate their respective marketplaces in perpetuity, regularly raking in a mint, enjoying near-unprecedented influence and power- are looking a bit shakier all of a sudden.
Facebook is in the midst of a name-change and rebranding effort and such efforts rarely bode well for the company forced to deploy them. From some insider reports, META isn’t going as well as Facebook executives would like.
Worse, for Zuckerberg anyway, is the fact that companies and individuals are starting to distance themselves from Facebook-owned platforms. There have recently been accusations pouring in from influential quarters that the company doesn’t support a healthy and inclusive platform for all.
Twitter, which looked in no danger of an imminent hostile takeover only a month ago, has been acquired by Tesla billionaire Elon Musk seemingly overnight, much to the dissatisfaction of millions of progressives previously satisfied with the status quo of billionaires controlling speech on Twitter.
Even companies like Netflix are starting to show the strain. After seemingly endless quarters with nothing but upward growth trends and blue…