This is a free preview of a paid episode. To hear more, visit downround.substack.com Netflix was once the golden child of the tech industry, with its streaming model held up as the future of content consumption. Now that every rightsholder has a streaming platform, and the end of the tech boom has led to drastic cuts in content budgets and the return of advertising, where does that leave Netflix? The boys chat. Raph offers his strident view as a man who does not watch scripted television.