Sadly, they get more eyeball time from us on junk food like The Circle, which is astonishingly (and wonderfully) dumb. And definitely incredibly inexpensive to produce.
Is that sad? Let a thousand Circles bloom, to severely paraphrase Mao. Also I kind of enjoyed the first 2-3 seasons of The Circle US (it's actually a British format, invented by Channel 4 here, and licenced or whatever by Netflix - I found the British version unwatchable because I just don't like watching British people on that kind of show - Australians are actually the best for that kind of show, but failing that Americans > British for those shows), it only went downhill when the people signing up for it understood the format too well (so became sorta "competent" at it, yawn).
I'd much rather Netflix made a lot of cheap and diverse shows than blowing hundreds of millions on absolute trash that is so bad it couldn't even attract the audience of a typical Netflix faux-blockbuster movie (I'd prefer scripted over unscripted but still). I mean, I don't know about in the US, but in the UK, a place no pickier than the US about quality, it only lasted like 2-3 days at the #1 spot on movies, which is practically unheard-of, and is now at #4 behind < checks notes > 2015's Hotel Transylvania 2... I suspect that a lot of very bad or mediocre Netflix movies made on a fraction of the budget did a lot better than that. I honestly didn't expect it to do that badly despite being so bad. Either the basic package is inherently unappealing (Pratt, Brown, mascot robot war, etc.), or word of mouth really sunk it (or some combination thereof), because bad reviews didn't ever stop a Netflix movie before.
No. It is for avoiding paying taxes by having losses on the books that reduce supposed profits.
This was my understanding also, certainly re: the primary purpose.
This. A lot of syndication has come back to Netflix raising its value. They have most of the AMC stuff now and just took over Walking Dead Dead city. Not the best of AMC but NF is buying shows again.
Yeah this is interesting. It's pretty bad for the movie/TV industry in a lot of ways, because Netflix is spending a lot less money on stuff that actually keeps actors/writers/showrunners/etc. in work (not just already-overtaxed SFX technicians/artists), but it returns Netflix to more like what it was, say, a decade or more ago, which is a service which just has a lot of pretty-watchable TV and movies on it. Often stuff you knew was good but missed for whatever reason the first time around. It's valuable (more valuable than terrible "Netflix Originals") but I don't know if you can carry a streamer that costs as insane an amount as 4K Netflix does on it in the longer term. Maybe the idea will be to slow the price hikes but I doubt it.