Category: News

We Cannot Remain Silent About George Floyd

Examining the historic protests in America over police brutality and racially charged violence.

@LGNWVRPHTO / Instagram – The death of George Floyd, a son, a brother, a father, and a friend, has galvanized a global activist movement against racial injustice and police brutality.

“Please, I can’t breathe.”

Those final, fateful words of George Floyd have echoed across the schisms of a divided America for the past two weeks.

On May 25, Minneapolis Police officers arrested George Floyd, a 46-year-old Black man, after a store clerk dialed 911, accusing him of buying cigarettes with a counterfeit $20 bill. In seventeen minutes after the first squad car arrived at the scene, Mr. Floyd was unconscious beneath three police officers, with no discernable pulse.

For 8 minutes and 46 seconds, a white police officer named Derek Chauvin dug his knee on Floyd’s neck until the life drained from his body. Implausibly, Chauvin persisted to kneel on George Floyd’s neck for a full minute after paramedics arrived, despite Floyd remaining unresponsive.

Even after mercifully calling out to his late mother and repeating, “I can’t breathe,” George Floyd lost his life. His story an unfinished canvas destined to never be fully realized with elaborative strokes of color and definition.

Of Their Own Accord

@AYY.BEE / Instagram – A portrait of George Floyd from Adrian Brandon’s #StolenSeries. For every year of life lived, a minute of graphite and ink is applied to the portrait (i.e., 46 years lived = 46 minutes of color).

As you may know, this appalling turn of events compelled the nation into a state of caustic self-reckoning; however, let this be clear:

We are not only stunned by the brutal and tragic murder of George Floyd…

We are not only shocked by the undeniable evidence of systematic racism and excessive use of force that were virtually documented before our very eyes…

We are incensed because we heard those familiar, haunting words before.

And yet here we are, caught in an ever-perpetuating cycle of racially charged violence and police brutality.

Another Black person dying at the hands of the police, pleading, “I can’t breathe.”

Therefore, with the looming specter of systemic racial injustice taking center stage once again, let it be known:

We cannot stay silent on George Floyd.

Language of the Unheard

In a campaign for racial justice both years and decades in the making, the man murdered by Minneapolis Police immediately became a national symbol of the need for police accountability.

In other words, the heinous murder of George Floyd has galvanized millions of people to give voice to the grief and anger wrought by corrupted systems of racial injustice and white supremacy onto countless generations of Black Americans.

Demonstrations and protests unprecedented in scale have erupted throughout all fifty US states and even internationally, thereby establishing one of the largest multicultural activist movements in world history.

Video / Twitter – Thousands turn out for peaceful demonstrations in support of #BlackLivesMatter across Los Angeles.

Notably, the George Floyd protests have unfolded into a historical multicultural movement that has mobilized a significant population of non-blacks who have not spoken out before.

People from all races and all walks of life are educating themselves online, signing petitions, and attending protests where they get to listen to first-hand stories of the oppressed who experience racism on a daily basis.

Young and old, black and white, family and friends, Batman and Joker; an entire legion of Americans are beginning to realize that after so many promises to reform the system have come and gone, enough is enough.

Video / Twitter – The George Floyd protests have mobilized the masses to call for law enforcement reform, even drawing the ire of the Dark Knight himself.

From Bad to Worse

Image in "We Cannot Remain Silent About George Floyd" post

Image / Joseph Ngabo – Tensions are discernibly high as the relatively peaceful Los Angeles protestors confront the abrupt escalation manufactured in part by law enforcement.

American society is unfortunately founded on an unforgiving racial hierarchy; in accordance, police departments are called upon to enforce a system of laws that are designed to reinforce and preserve economic and racial inequality.

Therefore, despite efforts to reassure the sanctity and safety of peaceful assembly, to oppose the status quo inevitably means incurring the wrath of those who are asked to protect it.

In the midst of the mass protests that began in Minneapolis and have swelled to dozens of American cities, there have been hundreds of arrests, curfews declared, and National Guard troops summoned.

Ironically, the very same public demonstrations aimed at protesting unrelenting police violence have faced daunting bouts of police brutality themselves, making an already heartbreaking situation even worse.

A fever of social media regrettably documents officers beating unarmed protestors, ramming squad cars into demonstrators, indiscriminately using pepper spray on bystanders, and causing life-threatening injuries with “less lethal” bean-bag rounds.

City officials attempted to justify the abrupt escalation perpetuated by law enforcement by asserting that the officers were merely responding to suspected cases of looting which has become prevalent amidst some rioting. However, even law enforcement leadership understood that the use of excessive force is “never acceptable,” and police departments have made sure to discipline officers for any misconduct.

Nonetheless, we still have a President who is not shy in invoking a loaded, racist threat by tweeting, “When the looting starts, the shooting starts.”

In the face of coping with a President whose very existence is composed of rhetoric that is deliberately divisive, as well as grappling with the wrenching uncertainty of the prevalent COVID-19 pandemic, a long road ahead is certainly assured for the Black Lives Matter movement.

The Rose that Grew From Concrete

In the haze of civil unrest, the political and social ramifications of the George Floyd protests are beginning to emerge from allegorical obscurity.

A myriad of countries and states such as New York, Florida, and California are passing legislation restricting police use of force (e.g., banning the usage of neck restraints). In addition, many city officials are embracing proposed budget cuts to their respective police departments.

Remarkably, Minneapolis city council officials pledged to defund and dismantle the city’s police department. As a result, a new model of public safety will soon be implemented to keep communities safe following the wake of the police killing of George Floyd.

Although it remains to be seen how such a novel approach to public safety and emergency response would function, there appears to be a consensus that the role of police would ultimately be diminished. For instance, these plans may permit social workers, mental health providers, and other community members to potentially handle many of the nonviolent situations that police currently deal with.

Back on Capitol Hill, Democrats have unveiled a sweeping police reform bill targeting police misconduct and racial bias, a measure that figures to be the most expansive intervention into policing in recent memory. Senate Republicans are now also working on legislation to address police reform, a reconciliation that would have been unheard of merely a few weeks ago.

Even ‘Cops,’ a TV show that has remained on the air for a whopping 33 seasons, has been canceled for its glorification of police officers.

As for the George Floyd case itself, the public outcry has caused all four officers to be charged to the fullest extent of the law, setting forth a powerful precedent for police accountability.

Black Lives Matter, a campaign that has long endeavored to establish a world free of anti-Blackness by highlighting the depth of injustice and unaccountability that American society harbors toward people of color, is absolutely generating an indispensable statement.

Make no mistake, Black Lives Matter has fundamentally transformed from a hashtag-powered rallying cry to a national mantra that cannot nor will not be ignored in every facet of modern American life.

For all the pain and loss incurred, the wake of George Floyd’s death has cultivated a powerful catalyst that can pave the way for meaningful, expansive change.

Tip of the Spear

Graphic / Campaign Zero – A visual presentation of a list of policy solutions that aims to reduce the frequency and severity of police violence in our communities.

For the aforementioned ‘meaningful, expansive change’ to materialize, the George Floyd protests have concentrated their efforts into bringing about systemic transformation. A transformation that will hold law enforcement accountable for the violence they inflict, a transformation that will eradicate a racist system that breeds corruption, and a call for radical, sustainable solutions that affirm the prosperity of Black lives.

It is time to rethink qualified immunity. The legal doctrine of qualified immunity protects police officers from civil lawsuits (i.e., provides immunity from having to go through the costs of trial) by shielding officers from liability for all actions taken on the job except for those that violate ‘clearly established’ law.

Permitting police to freely perform their duties without fear of being held accountable has enabled a culture of violence and abuse responsible for the deaths of victims like George Floyd.

To illustrate, a database from Mapping Police Violence detailed a whopping 99% of police killings from 2013-2019 have not resulted in officers being charged with a crime, grossly showcasing the existing disparity in police accountability.

Thusly, an antiquated get-out-of-jail-free card for murdering people of color makes a mockery of the criminal justice system and it will NOT stand.

On the other hand, a plethora of research has indicated how police practices and training also have to be re-evaluated to foster significant police reform.

For example, the Police Use of Force Project found that those police departments with policies that place clear restrictions on when and how officers use force had significantly fewer killings than those that did not have these restrictions in place. Furthermore, the study also found that officers in police departments with more restrictive policies in place are actually less likely to be assaulted, conveying how even law enforcement itself can benefit from police reform.

As Black Lives Matter activists call for the defunding of police, there is a common misconception surrounding what the concept actually entails. The concept to defund the police exists on a spectrum and does not necessarily mean to strip police funding and dissolve departments (although some activists are certainly calling for it).

Rather, defunding the police means to divest from the violent policing infrastructure (potentially resulting in fewer cops) and reinvesting those funds into strengthening Black and Brown communities.

In cities like Charlottesville and Los Angeles, police department funding accounts for an astronomical proportion of the city budget, which dwarves those for education, housing, and other vital services.

By cutting police spending, those reallocated funds will be put back into social services such as mental health, domestic violence, and homelessness as well as aid the funding of hospital equipment and youth initiatives. Ideally, such an initiative to invest in resource-deficient communities will effectively reduce crime on its own.

Do Not Go Gentle

What is truly astounding about the George Floyd protests is that there is no distinct leader powering the movement; there is just the implicit belief that everyone’s voice matters.

Yet, it does not mean that Black Lives Matter is a rudderless movement. On the contrary, with the power of social media as a digital playbook, the collective majority now possess the means to stand against systemic oppression in ways prior generations could not before.

In the age of social media, everyone has a platform where they can actively amplify their voices and let themselves be heard in the fight for justice and equality. Therefore, to remain silent is to deprive your social spheres of the opportunity to hold meaningful reflection and foster discussion about what police reform and Black Lives Matter means to them.

And we shouldn’t stay silent.

Not when we currently live in a country where Black lives are systematically targeted for demise.

Not when the color of your skin can get you killed just for jogging, buying groceries, being homeless, wearing a hoodie at night, enjoying ice cream in your own living room, and even sleeping in your own bed.

Not when thousands upon thousands of protestors are risking their lives and bodies for a chance at being heard in the middle of a deadly pandemic.

We must remember that the soul of America has always been in political revolution. To remain resilient in the face of deadly oppression is the reason why we call the United States our home.

Be that as it may, this country has its share of troubling failures. For that reason, we must also confront the still-present legacy of slavery in America: systemic racism.

To fight against such engrained systemic racism in American society will certainly involve more than just posting black squares on your Instagrams. Our collective voices must maintain a consistent story, a story that advocates for racial justice at every conceivable opportunity.

Some have chosen to donate time and money to Black organizations and businesses; some have decided to offer free healthcare to the protestors on the front lines; others have pledged to work pro-bono to represent those arrested.

Whatever you choose to do, just remember that there is no magic solution. Only education and action will enable a more fair and just America that we have never known in our lifetimes.

Just remember that we can never remain silent about George Floyd.

Progress can be a painful and unforgiving process. Still, a reckoning is long overdue.

To learn more about how you can support Black Lives Matter, visit: https://blacklivesmatters.carrd.co

National Bail Fund Network: https://www.communityjusticeexchange.org/

Know Your Rights Camp: https://knowyourrightscamp.com/

Campaign Zero: https://www.joincampaignzero.org/

Police Brutality Spreadsheet

(Warning: Some videos and images contain scenes of graphic violence)

Say Their Names:

Ahmaud Arbery Sean Bell Rumain Brisbon Philando Castille William Chapman Keith Childress Jr. Stephon Clark John Crawford III Johnathan Ferrell George Floyd Ezell Ford Eric Garner Brendon Glenn Oscar Grant Freddie Gray Kimani Gray Akai Gurley Botham Jean Atatiana Jefferson Bettie Jones Trayvon Martin Kendrec Mcdade Natasha Mckenna Eric Reason Tamir Rice Tony Robinson Jr. Jonathan Sanders Walter Scott Alton Sterling Breonna Taylor

The Dark Side of Popeyes’ Chicken Sandwich

The real-world implications of a fast-food craze gone viral.

David McNew/Getty Images – A Popeyes fast-food restaurant sign illuminated in the Los Angeles skyline.

A national emergency was virtually declared when fried-chicken chain Popeyes announced that its restaurants have exhausted the supply of its glorified chicken sandwiches.

Any minute now, a frenzy of hungry customers will take to the streets, wondering why the esteemed sandwich that was proclaimed to “save America” has suddenly turned its back on honest American citizens.

In the face of this burgeoning crisis, the White House has not yet issued a statement on this very, very serious matter.

Now left to our own devices, we are faced with endless questions no one can seemingly answer.

Who will pay for this Tennessee man’s ill-fated plight of spending “countless [hours] driving” from one Popeyes to the next in search of this elusive delicacy?

How will we get our hands on delicious chicken sandwiches on Sundays now?

But perhaps most importantly, why did I not order the spicy mayo variety instead of the plain?

While poking fun on the viral sandwich sensation is all the rage these days, this post will take a calculated glimpse toward the exacerbating labor conditions the unheralded service workers encountered during America’s foodiest hour.

(Note: less than a day after this blog post was published, Popeyes employees in Houston were held at gunpoint by a group of men over the sold-out chicken sandwiches. That’s right: a harmless chicken sandwich war has indeed turned into a harrowing situation for Popeyes employees on the so-called frontlines.)

Furthermore, this post will examine the repercussions of the ballooning social media marketing that was prominently displayed during the mania.

Buckle up kiddos, we’re in the endgame now. But first, a history lesson.

A social media promotion that struck gold – and struck out

 Author’s GIF – Popeye’s new chicken sandwich is good but not “viral national frenzy” good.

On August 12th, Popeyes Lousiana Kitchen genially launched the delectable $3.99 combination of crispy chicken breast, pickles, and mayonnaise on a brioche bun to the masses.

Nobody – not even Popeyes themselves – could have predicted that they have just unleashed the company’s most successful product in its entire history.

Indeed, the surprising nature of the product’s debut was made all the more evident when the coveted chicken sandwiches sold out in just two weeks – nearly an entire month before they were supposed to.

Just like that, the craze was decidedly over almost as soon as it began. So what exactly started the phenomenon that captured the (fast-food) nation’s imagination?

A chicken Sandwich war with all the beef

Fifteen minutes. Fifteen minutes is all it took to ignite a war.

As an excellent article from the New York Times vividly depicted:

“At 1:43 p.m. on Aug. 19, Bruno Cardinali, a marketing executive for Popeyes, got a WhatsApp message from a colleague: That morning, one of Popeye’s fast-food rivals, Chick-fil-A, had tweeted what appeared to be a thinly veiled critique of the new [Popeyes] fried chicken sandwich…

Mr. Cardinali quickly convened a group of marketing officials in a small room on the fifth floor of the Popeyes headquarters in Miami.”

Adapted from “15 Minutes to ‘Mayhem’: How a Tweet Led to a Shortage at Popeyes“

The task force of sly marketing officials worked through quickly and strategically, laboring at every angle, exhausting all possibilities.

At glorious last, after a rapid-fire brainstorming session, our daredevils resignedly pressed “send” and braced themselves for the cataclysmic unknown:

In a shot heard around the Twitter-verse, a viral sandwich feud was forged.

Of course, because these fast-food companies can never let sleeping dogs lie, other restaurants joined the fray.

In any case, the sandwich’s debut immediately became a culturally unifying event during a time where polarization was dismally the norm.

popeyes deep-fries the internet

The Great Chicken Sandwich Feud swiftly spread on social media in a blazing inferno. Now everyone craved a bite of the action, eager to not miss out on the latest edition of “FOMO.”

Mayhem ensued shortly after the sandwiches’ immense popularity led to shortages at many Popeyes locations.

A deluge of cars and hungry costumers snaked throughout the perimeter of the restaurants, resulting in hazardous traffic conditions.

Brawls over the limited sandwiches instantaneously transformed Popeyes to local dinner shows.

Those who were fortunate to survive the 45-minute lines were sometimes met with the cruel announcement that the sandwiches were just then sold out.

Lather. Rinse. Repeat. Everyday bore the same surreal outcome in Popeyes all across the nation until the chicken sandwiches as a whole officially sold out.

An unconvenient truth

For those sitting at the comfort of their homes and watching the madness unfold, it was amusing – and relatively harmless – at first.

The memes kept pouring in and collectively added to the overall spectacle.

Adrift in the flowing sea of memes, however, was a particular meme that compelled everyone to take a hard, long look at the viral chicken sandwich phenomenon.

The culprit in question was a minamalist photo of a visibly exhausted Popeyes worker in the aftermath of their shift.

Indubitably, hidden in plain sight was the unnerving nature of the capitalistic takeover that appeared to blindside the unfortunate Popeyes workers.

Slowly but surely, the community began to realize the tangible toll the online craze held over the lives of our blue-collar peers.

While Popeyes and the general populace were reveling in the festivities, the Popeyes service workers were left to bear the brunt of opening Pandora’s Box with a side of dry biscuits.

The fun and innocence of the profoundly seasoned façade inevitably started to wither.

The unsung heroes of the chicken sandwich wars

The grueling labor conditions of the understaffed Popeyes workers during the two-week ordeal left little to the imagination.

Indeed, Popeyes employees have reported 65-hour weeks, entire shifts with no breaks, and hellish threats from customers.

Earlier in August, an exhausted employee from Florida was hospitalized after collapsing from greasy floors caused from the overwhelming work environment.

What’s more, individual orders for the sandwiches ranged from one to a taxing 35 chicken sandwiches.

When the chicken sandwiches eventually sold out, the ravenous customers inexplicably vented their frustrations towards the downtrodden employees.

Specifically, customers have both verbally threatened and physically attacked Popeyes employees because they couldn’t get their grubby hands on the status item of the season.


Image/Twitter – A sign indicating that chicken sandwiches are sold out is displayed at the Popeyes location in Inglewood, California. Note: The user has since deleted the tweet.

Despite the pouring testimony and evidence of the inhumane treatment of Popeyes’ workers, the Popeyes CEO chalked it all up as just a “tough week.”

Combined with the prevalent issues of problematic algorithmic scheduling and a company-mandated 180-second window to complete drive-thru orders, Popeyes’ labor conditions will continue to intensify for the worse.

Fast-Food Nation: Popeyes Edition

Simply put, the fast-food industry is the most unequal in the US Economy.

For instance, the understaffed Popeyes cooks, whose employers have generated $5.35 billion in revenue last year, who have endured hazardous working conditions and are expected to work much harder, will not be reaping the benefits of this entire sandwich craze.

Unfortunately, there are no existing indications that Popeyes service employees, who are largely responsible for the majority of sandwich’s success whether by transporting, prepping or selling it, will be compensated despite the escalating demand.

Even before the chicken sandwich frenzy, Popeyes employees were paid starvation wages of $9.54 an hour.

Although it is known that the injustices of fast-food laborers cannot simply be solved by raising the minimum wage, it would provide immediate relief for the workers living in poverty.

Moreover, national programs that allow for both secure unionization and accessible health care benefits for the millions of fast-food workers who are left uncovered will serve to elevate the well-being of workers everywhere.

On a side note, further taxing the CEOs who make 12 times more than the average workers – even without the 300% bonus – could be a good starting place to fund these programs (wink, wink).

At any rate, it is certain that these exacerbating labor conditions cannot be effectively transformed without radical reform.

That harsh reality is further illustrated when you realize that Popeyes sources its chicken from chicken plants whom employ an immigrant, largely Latinx workforce (you know, like the one that got raided by ICE last month).

Moving forward, a sandwich product that is considered to be unethical, elitist, and racist is not an ideal look for Popeyes.

The real-world Impact of social media

You would think that over 23$ million of free press and advertising would enable Popeyes to throw a bone at its employees.

What is even more remarkable about the aforementioned estimate is that it was crunched up for only the first 11 days of the social media storm.

With just one viral tweet, Popeyes now possesses the potential to match its sales figures to that of its largest competitor in Chick-fil-A.

This scenario was a dream come true for Popeyes Chicken, especially since Twitter users themselves did all the work for the company.

To be clear, Popeyes’ success was not due to ingenious marketing strategy.

The company just chose to resonate with the youth community on Twitter by incorporating “internet speak” (hence, the “…y’all good?” tweet).

Still, its promoted social media marketing initiated an incredulous internet sensation that swept the nation.

That very same sensation has absolutely led to far-reaching consequences in the real world.

Whether it was by forcing fast-food companies to alter their trajectories in order to make the next best chicken sandwich, causing mayhem that affected the lives of consumers and employees alike, or by sealing the fate of the countless chickens who will be sacrificed to satiate the masses’ newfound obsession.

The latter point – as I touched upon in a previous post – will lead the meat industry to further destroy rainforests like the Amazon, causing long-term ramifications that have yet to manifest.

As the generations who have grown up in the digital age get older and more numerous, it would be intriguing to observe what social media marketing will evolve into next.

Why can’t we have nice things, America?

Will you be waiting in line when Popeyes’ chicken sandwich relaunches?

Whatever you do, just please do not try to resell them for $1000 (I’m looking at you, Quavo).

The End of Netflix?

The streaming arms race takes an intriguing turn as the competition heats up.

Is Netflix on the verge of collapse or, at the very least, in serious financial trouble?

Netflix, the once championed leviathan in entertainment, has finally lost American subscribers for the first time in eight years. How many? Merely just hundreds of thousands of them.

To curtail this burgeoning problem, the veteran streaming service myopically shifted its focus toward producing original programming to retain its subscribers.

Impressively, Netflix swiftly followed with several strong releases such as the dark comedy Dead to Me and the critically acclaimed When They See Us.

Unfortunately, despite releasing a number of remarkable content that racked in tens of millions of viewers, Netflix’s strategy for concentrating on original content is faltering.

After the media service company terribly missed its forecast on added subscribers in Q2 2019, the NFLX stock is reported to have currently spiraled down by 15% in the market.

As you may have guessed, that’s not ideal — even if this has happened before.

Carlton Basketball GIF from Carlton GIFs

Yes, it may seem irresistible to proclaim Netflix’s doom after every misstep (see: Netflix’s Qwikster Debacle), but this just feels different.

A closing window

As a consequence of burning more money at the proverbial fire, Netflix has reported an annual negative free cash flow of $3-4 billion.

In its vain effort to acquire more subscribers, Netflix has accrued a debt of $15 billion with no end in sight.

To make matters worse, the competitive pressure is just ramping up.

The additions of streaming services from competitors such as Apple, NBCUniversal, WarnerMedia, and, of course, the corporate world conquistador in Disney will all be sure to further loosen Netflix’s grip over its own subscriber base.

Netflix, with all its years of progressive momentum, has suddenly hit a wall. In an almost sobering fashion, Netflix’s domestic dominance is vulnerable to its biggest competitors in Amazon and Hulu. How did it come to this?

The golden age of netflix is over

Embed from Getty Images
Juan Naharro Gimenez/Getty Images – Netflix CEO Reed Hastings will face a steep uphill battle in making Netflix profitable again.

When Netflix started on-demand streaming in 2011, it revolutionized the TV industry as we knew it.

Indeed, nothing was as close to alluring than the possibility of instantly binging thousands of shows and movies at about 20% the cost of most cable packages.

On the other hand, having the freedom to binge entire seasons of shows without the inconvenience of advertisements was truly innovative in its time.

In fact, when the streaming titan initiated its own foray into original video content in 2013, it even threatened Hollywood itself with its disproportionate chokehold in digital storytelling and the acquisition of talent.

Even just a few years ago, the company chief executive, Reed Hastings, heartily joked that Netflix’s biggest competitor was sleep.

My, how times have changed. You hate to see it.

Today, Netflix is indubitably at an inflection point. After a half-decade of nearly unchecked sovereignty in the premium video streaming sphere that allowed it to, “aggressively poach entertainment’s top executives and A-list talent,” the company now finds itself under siege.

Begun, the streaming wars has…

Embed from Getty Images
Michael Short/Getty Images – Apple announced the launch of its new video streaming service, Apple TV+, which it hopes to release this fall.

In the Q2 2019 letter to shareholders, Netflix stressed that the company’s slowed growth was not affected by its competitors but by its recent price hike.

Yet, a new wave of competitors will soon encircle a suddenly mortal Netflix.

In November, Disney is launching the Disney+ streaming service that is bundled along with Hulu and ESPN+. This enticing package is expected to directly compete with Netflix’s standard price at $12.99.

Moreover, Netflix has previously announced that powerhouse mainstays like The Office and Friends will soon be leaving the streaming service.

If that wasn’t enough, these popular money-makers are heading straight back to Netflix’s competitors. Ouch.

By mercilessly pulling Netflix’s beloved — and licensed — shows, major TV networks are therefore fragmenting the content Netflix can ultimately offer to consumers.

With a gradually increasing subscription fee, it will only be harder for the streaming service to continue justifying its premium cost to subscribers.

a brewing storm

In a mad dash to stop the bleeding, Netflix has not-so-subtly gone out to recruit big-name producers and talent — which may either be really brilliant or just another major flop.

Still, this striking move is described by some as almost “desperate,” especially since Netflix’s current plan for producing original content has not met expectations so far.

To abate the coming tide, Netflix claims that the loss of licensed content will free up resources for making more in-house hits. Yet, the company is too over-reliant on the credit market for their own good.

To simply explain:

(1) Wall Street is very fond of Netflix.

(2) Still, as Netflix’s original content plan continues to accrue debt, Wall Street’s patience will eventually wear thin.

(3) If and when Wall Street pulls back its support for Netflix, the company’s access to affordable credit will be restricted.

(4) This would inevitably lead Netflix to conjure less funding for original content, enabling Netflix’s stock to fall farther and further limiting its access to cheap credit.

Thus, as you can see, this reliance on the credit market indeed poses one of the greatest risks regarding Netflix’s current plans for the company’s growth.

What’s next For Netflix

Embed from Getty Images
Gary Gershoff/Getty Images – Original series like Mindhunter will have to guide Netflix forward.

As previously mentioned, a shift away from licensed content is in order for Netflix to keep afloat and stay competitive.

Indeed, producing spectacular originals like Stranger Things and Mindhunter is the key to Netflix’s survival.

In fact, Netflix is slated to spend $15 billion on original content this year alone, which would keep drawing subscribers to its service.

Netflix is also releasing a new feature that actively tracks upcoming releases, which would enable Netflix subscribers to think twice about canceling their subscriptions.

The downfall of Netflix, therefore, will not be attributed to its competitors but by its own decision-making.

As a result, it is imperative that Netflix maintains its brand proposition in being ad-free.

By keeping Netflix ad-free and inexpensive, the company can look forward to keeping the majority of its subscribers loyal to the streaming platform; else, it risks further alienating its base of subscribers.

(Personal note: have you ever experienced Hulu’s ads? They are the same three 90-second ads that play every 5 minutes. It’s truly a nightmare.)

A Newfound hope

Netflix, one of the greatest pioneers in entertainment (they transformed the industry a whopping three times), will most likely endure.

In fact, they have been counting on the competition heating up for years.

Its own executives have even claimed that the saturation of streaming options will benefit the entire industry by driving out more consumers from linear TV.

In preparation, Netflix is scheduled to employ its massive headstart in subscriptions and original programming to branch out further into international markets.

Netflix’s troubles, it seems, appears to be solely domestic in nature.

Be that as it may, these are indeed uncertain times for the world’s leading internet entertainment service. It remains to be seen if Netflix will keep its dominance over the US streaming market.

On the other hand, if Netflix were to continue to struggle, there is always the last resort that the company will slowly lose its overpriced valuation over the years.

Ideally, Netflix would be eventually bought out by a larger competitor like Disney.

Ultimately, perhaps the biggest loser will be us, the consumer. Still, out of all the parties involved, Netflix surely has the most to lose.

Where do you think Netflix’s future is headed? Will Blockbuster finally have its revenge? If you enjoyed this post, be sure to give a like!