Netflix plans to pay more attention to the quality of content

Netflix plans to pay more attention to the quality of content

Journalists from The Wall Street Journal reported on plans to change the strategy of streaming platform Netflix.
In the future the service will pay more attention to the quality of content.The number of TV series will be reduced as well as the cost of their production by 25%.
Management will carefully approach budgeting for content, making cost estimates based on audience reach, as well as keeping an eye on competitors' releases.
These changes are related to the platform's shrinking viewer base and rising subscription costs in the rest of the world.
The company's net income dropped from $1.7 billion to $1.6.Earlier, Canadian director Steven Sergic said during an interview for Brigade Radio that Netflix producers of \"The Witcher\" intended to extend the series for a fourth season.

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