Yesterday was a bad day for Netflix. It might get bad for the rest of us, too.

Netflix is considering cracking down on people who share passwords — making it a premium service, among other ideas — after the streaming company said they failed to gain subscribers for the first time in 10 years & ended up taking a 25% hit on their stock price.

Here is an alternative list of things that might have caused their numbers to fall, other than password sharing:

• Competition. Meaning, we now have pay for 143 other streaming services — approximately 😉
• Less programming. That new competition takes back all those those shows that used to be on Netflix.
• The price. As in, a 50% increase in the standard subscription price over that 10 years period. With less show.

You tell me what’s going on. 🤷‍♂️

Netflix was innovative enough to do a massive shift from mailing DVDs to delivering that same content over the internet. Time to get innovative again?