According to Elon Musk, this is Netflix’s ‘good move’; Here is what he said
Billionaire entrepreneur and Tesla boss Elon Musk has welcomed Netflix’s recent policy move. Responding to a tweet from author Tom Fitton, Musk wrote, “Good move by Netflix.” Fitton shared a link to a Wall Street Journal article on Netflix’s updated culture guidelines and wrote, “There is a new message for Netflix Inc. employees: be prepared to work on content you may not agree with. And if you do If you don’t like it, you can give up .– Elon Musk seems to be making an impact outside of Twitter.
According to Netflix’s updated culture guidelines, employees can leave the company if they are not comfortable with the topics or titles they are asked to do. It further states that Netflix supports the artistic expression of creators as a platform that works with them and lets viewers decide what they want to see.
It states in a section called Artistic Expression, “As employees we support the principle that Netflix offers a variety of stories, even if we find some headlines that are contrary to our own values. If you find it difficult to support our content expansion, Netflix may not be the best place for you. ”
The updated culture guidelines further state, “Although each title is different, we approach them on the same principle: we support the artistic expression of the producers we choose to work with; We program for a variety of audiences and tastes; And the Netflix sensor lets viewers decide what is right for them, as opposed to having specific artists or voices. ”
Netflix and others have come under pressure from employees, shareholders and politicians over how they react to cultural and political issues.
Netflix backed Dave Chappell when his stand-up special – The Closer – was panned out for comments on the heterosexual community, which some found offensive. Protests erupted outside Netflix’s Los Angeles office. Protesters demanded a special removal from Netflix, which the streaming giant did not comply with.
The streaming giant reported disappointing first-quarter earnings and acknowledged customer losses. The streaming platform ended the March quarter with 221.6 million subscribers, down from 2 million subscribers in the January-March period. It estimates a loss of 2 million subscribers in the next quarter, up from 1.5 million a year ago.
The company has been blamed for the Covid-19 crisis, the Russia-Ukraine war, account sharing, the acquisition of connected TVs, the adoption of on-demand entertainment and the loss of customers for data costs. It said, “In the near future, however, we will not be able to raise revenue as fast as we would like. Covid significantly increased our growth in 2020, clouding the picture, which led us to believe that our slow growth in 2021 was largely due to the growth of COVID. Now, we believe there are four main interrelated factors at work. ”
Read more: Netflix explains why it lost customers for the first time in a decade
Also read: Ads may appear at the end of the year: Netflix employees say
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