Netflix's struggles are a sign that it's becoming a more traditional media company.
Yet its recent struggles may not be the start of a downward spiral or the beginning of the end for the streaming giant. Rather, it's a sign that Netflix is becoming a more traditional media company.Netflix was originally valued as a Big Tech company, part of the Wall Street acronym,"FAANG," which stood for Facebook , Apple , Amazon , Netflix and Google .
But as those traditional media companies start to look a lot more like Netflix, Netflix in turn is starting to take page out of its rivals' playbooks: It's going to start serving ads and it has been releasing some shows over the course of weeks and months rather than all at once.Netflix has said that its cheaper ad tier and clampdown on password sharing may come next year. It's partnering with Microsoft for its ad business.
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