If it ain't broke, don't fix it.
Ticket to Ride
OnlyFans would like to remind Netflix that its smut-friendly subscription service, unlike the movie and TV streaming giant's, isn't on the struggle bus. Instead of losing subscribers, OnlyFans says, it's gaining them.
"We’re not experiencing that slowdown," OnlyFans’ chief strategy and operations officer Keily Blair told reporters at a conference this week, CNBC reported yesterday.
Earlier in April, Netflix reported losing 200,000 paid subscribers, its first dip in a decade. That's due to a wide variety of factors, but its crackdown on password sharing, ever-increasing cost per month, managerial incompetence, and habit of canceling fan favorite shows certainly aren't helping.
"Genuinely amazing and kinda awful to witness this death spiral where Netflix is just making obvious bad decision after bad decision," one movie fan lamented after the company announced it was pivoting away from ambitious movies like 2019's "The Irishman."
OnlyFans, on the other hand, reported hiring increases and a plan to build a team that helps its creators make more money in an economy ruled by inflation, CNBC reported.
The site did flirt with disaster last year, when it announced plans to ban porn — which, let's face it, is the site's main draw — before reversing the decision after major public outrage.
Netflix has pivoted before — does anybody remember getting DVDs in the mail? The question now is whether the streaming service can get its act in gear before its many competitors, like Disney Plus and Hulu, gain too much ground.
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