“Piracy also threatens to damage our business, as its fundamental proposition to consumers is so compelling and difficult to compete against: virtually all content for free,”
Netflix launched as the convenient alternative to piracy. Then the industry split every show across pricey streaming silos and piracy grew again, even in the US. The best line in the 10-K isn’t even original. FuboTV, Redbox, Triller and CuriosityStream filed the same sentence word for word, which makes the piracy warning itself copied without permission.