BAES 162: Nobody is Watching Netflix Anymore and Here's Why

**Emil** (0:00)
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**Ben** (0:20)
Netflix. How the mighty have fallen. Prevailing narrative is that Netflix's business is deteriorating. Management's decision to pull back on its engagement report should only encourage this thinking. Because think about it.
A company that's doing well is not suddenly going to decide to hide their metrics.

**Emil** (0:36)
No, you often are like...

**Ben** (0:37)
You would want to be bragging about it.

**Emil** (0:38)
We should hide from the public how well we're doing. Yeah. We shouldn't let people know that subscribers are absolutely ripping right now and people can't stop watching this garbage.

**Ben** (0:46)
Yeah, bragging is a sin. We should refrain from that.

**Emil** (0:48)
We shouldn't do it.

**Ben** (0:49)
It's like, okay, what are you guys hiding? And the stock reflects that. Their stock could pop 20, 30 percent if they announce tomorrow that they are going to the episodic model.

**Emil** (0:58)
I'm surprised they haven't after all these years. It is a stubborn...

**Ben** (1:01)
It would juice their numbers so much. If I'm Greg Penis, I'm doing that tomorrow.

**Emil** (1:06)
But if you're Greg Penis and you know how trash your product is, imagine the drop off you see after like episode three when people are like...

**Ben** (1:13)
But we're not publishing that, David. Just put Ryan Reynolds in every show. It's fine.

**Emil** (1:17)
Right. The days of House of Cards and Orange is the New Black are gone.

**Ben** (1:20)
Netflix and Chill. I say, are you awake? Hello, are you awake?

**Emil** (1:23)
Hello, are you awake?

**Ben** (1:25)
Hello, are you awake?

**Emil** (1:25)
You know what I want.

**Ben** (1:56)
What the hell is going on? What the hell is going on? What is going on anymore? Ladies and gentlemen, welcome back. You want to know what's going on? You came to the right place. I'm Ben. That's Emil.
This week, we're talking about the downfall of Netflix. The place that used to be synonymous with getting laid. Netflix and Chill. I hated that. I always hated that phrase.

**Emil** (2:20)
Because no one would chill with you. You were Netflix alone.

**Ben** (2:23)
No, it just, I don't know. It just is.

**Emil** (2:24)
Netflix in hand.

**Ben** (2:28)
HBO and, and HBO and Solo. No, I just, I don't know. It just felt too, it felt very buzzfeed-y.

**Emil** (2:36)
I mean, anyone who was like, I think it started because you were sending a text like Netflix and Chill.

**Ben** (2:42)
Yeah.

**Emil** (2:43)
Anyone who was actually doing that, it's like, has anyone seriously ever sent Netflix and Chill?

**Ben** (2:48)
Oh yeah, I'm sure. Yeah, because that's how it became a meme.

**Emil** (2:52)
Right. Goofy.

**Ben** (2:54)
It's goofy stuff.

**Emil** (2:56)
Hey. It's like sending a U-up text.

**Ben** (2:58)
Yeah. U-up. Are you awake? I say, are you awake? Hello, are you awake? Hello.

**Emil** (3:03)
Are you awake?

**Ben** (3:04)
Hello, are you awake?

**Emil** (3:05)
You know what I want.

**Ben** (3:07)
Yeah. You know what I want.
Hello, are you awake? Do you know what I want? Would you like to come over and watch a Netflix show and relax on the couch?

**Emil** (3:18)
No?

**Ben** (3:18)
Okay. All right. Well, have a nice day.

**Emil** (3:20)
Well, then I hate this whole meme. This whole meme is stupid.

**Ben** (3:22)
This whole meme is stupid. The meme promised me we would get together. It's Q&A time. It's that monthly time. benandemilshow.com. We're going to drop the phone number on there.
Hey, the offer for the, and also the offer for the Chase Sapphire preferred card is almost going to go away. You better hurry up.

**Emil** (3:40)
If you didn't get one, sorry.

**Ben** (3:43)
No, you still have a little bit of time, but we don't know how much time is left. So go to thecreditcardlist.com.
Hey, while you're at it, check out our episode on the channel from last week, not only the StockTwits episode, but the one that we just did last week. Here's a comment from that one. It's from the comment of the week is from Sishuan Davidson. Just a mountain of evidence for the Ben files in this one. So if you're curious what that means, I guess I don't even remember what the hell I did or said, but apparently it's bad enough that it's all going in my permanent record.