What to know

• Inside the “Walmartization” of Netflix… This is a fascinating and frankly, mandatory read about what happened (and is happening) at Netflix. It gives insider info on how the streamer went from high quality prestigious projects to an abundance of mediocrity — and why now it finally seems the era of massive spending on content (at Netflix and elsewhere) is coming to a close. If you’re at all interested in the current state of Hollywood, which you probably are if you subscribe to this newsletter, give this one a read. 🍿