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Netflix: Piracy is Difficult to Compete Against and Growing Rapidly
(torrentfreak.com)
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Yeah, by "they", I meant the studios more than Netflix. Netflix itself was negatively impacted by studio greed, since a lot of them pulled their content from the platform so they can push their own shitty subscription service. It's frustrating that these studios fought streaming tooth and nail, while Netflix pioneered the industry and proved a profitable streaming model. As soon as it was impossible to dispute that the model works, all the individual studios suddenly want to run their own streaming service. They fragmented the content across a dozen different services, and drove the industry back to unaffordability and inconvenience.