All the naysayers were correct. Netflix is losing money and subscribers in North America.
Netflix did add subscribers, but not in the markets where they cracked down on password sharing. They added subscribers in countries where they don’t charge very much for subscriptions. So they didn’t make much money from the new subs.
That HBO discovery merger is a shit show. Love HBO. Now they’re making it harder to find stuff or outright pulling it off the site. But relentless trash can be found on the front splash page.