Netflix Inc. has seen a decline in user engagement, with customers opening the app less frequently than before. Although total watch time increased due to new subscribers, individual viewing has decreased significantly during this period. The company is facing challenges such as increased competition and fewer hit productions impacting viewer attraction. In response to these issues, Netflix has made leadership changes to strengthen its content strategy and overall business model.
Whatever they do, they should definitely spend significantly less on high quality in-house-produced content.
And force the writers of what’s left to increase the total amount of recaps and reminders of what is happening. Just slowly approach pure exposition. With characters just narrating every action they take.