D
The many answers to Netflix’s season-two problem.
Did you see that Bloomberg report yesterday about the Netflix shows that fall way off in their second season? Our friend Ryan Broderick over at Garbage Day has a good take on what’s going on — and why it’s about more than just production times.
Even though a Netflix show isn’t supported by the same revenue model as a YouTuber like MrBeast, the (losing) formula for producing content appears to be the same. They’re both using historical data to iterate and pump out videos that are, at first, equally popular, but eventually less sticky culturally and then eventually less popular.
Netflix and the value of streaming shovelware
[Garbage Day]
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