That is true. But you would expect that they would have found something really substantive to show after 25 years of investing in technology.
I am not sure what the lesson is. But something seems to have gone really wrong for Netflix. Not just on the content side, but also with their technology investments.
I disagree, their tech put them into the spotlight, they never had content. In the streaming industry content can't be copied or replicated as easy as years-old technology.
My point is they could never get this far without their tech edge but it won't keep them afloat in the copyright-laden world we inhabit.
