I think most TV and movie lovers would agree that one would be hard pressed to find a service that provides more bang for the buck than Netflix. In addition to a growing stable of quality original programming, Netflix also has a wide selection of movie and TV content. And even though Netflix’s content library is 40% smaller today than it was four years ago, the quality of content available is arguably unmatched anywhere else.
But rolling out an endless string of original content and securing licensing deals with Hollywood studios isn’t cheap, a business reality that has naturally forced Netflix to raise its prices over the past few years, even for longtime subscribers.
And so, not surprisingly, Netflix now finds itself on the receiving end of a lawsuit.