Netflix 'Recommendations' Sure Look Like Commercials...
*By Conor White*
Netflix's newest feature may only be in the testing phase, but it's causing an uproar on social media. The streaming giant will insert "recommendations" between episodes of shows, and many critics argue these suggestions are [just commercials](https://www.nytimes.com/2018/08/20/business/media/netflix-commercials-videos-ads.html) by another name. Users complained over the weekend that promotional videos ー which can last up to 20 seconds ー were interrupting their viewing time, and some even threatened to cancel their subscriptions.
Austin Powell, managing editor at the Daily Dot, said it's a "bad look" for Netflix.
"I just want the content, I just want my show," he said Monday in an interview on Cheddar. "It's a regressive move, and I think it's indicative of a lot of other issues."
Netflix posted [less-than-stellar](https://www.bloomberg.com/news/videos/2018-07-16/netflix-troubles-may-have-ripple-effects-research-affiliates-ceo-says-video) second-quarter numbers in July, with new subscriber tallies [falling short](http://fortune.com/2018/07/16/netflix-stock-drops/) of expectations.
With more than 80 original series slated for release this year, Powell said this may be an act of desperation for Netflix.
"They just don't know how to market all of that content," he said. "There's literally too much for them to work with and for you to know what to watch, and so they're having to really force this onto the user in a way that's not really that pleasant."
While Netflix seems to believe viewers are having trouble discovering new content, Powell said it's a simple matter of quality, not quantity.
"To me, the real issue here is content. Netflix in 2018 hasn't had a breakout hit like 'Stranger Things' or 'Making A Murderer' and they're just trying to force this."
Still, investors seem to be shrugging off user backlash ー shares of Netflix ended a six-day losing streak and were up more than 3 percent on Monday.
For full interview, [click here] (https://cheddar.com/videos/new-on-netflix-commercials).
API platform RapidAPI recently became a unicorn with a $1 billion valuation after raising $150 million in a Series D funding round led by Softbank Vision Two Fund. Microsoft's Venture Fund, M12, and Andreessen Horowitz also participated. RapidAPI says it provides the world's largest API hub which enables millions of developers and companies to build software faster. Iddo Gino, founder and CEO of RapidAPI, joins Cheddar News' Closing Bell to discuss.
Facebook parent Meta officially has changed it’s ticker symbol from ‘FB’ to ‘META’. Paul Meeks, a portfolio manager, Independent Solutions Wealth Management, and a professor of practice in the Baker School of Business at The Citadel, joined Cheddar News to discuss why the tech giant has had to make big changes to its name, its ticker, and its business plans. "When you see what's happening in digital advertising — and there was a slowdown there even before the threat of a recession, which could cause a even more drastic slowdown next year — they had to pivot," he said. Meeks noted he sees Facebook dominating in the metaverse space going forward — whatever that may end up being.
In a recent Bumble survey, more than a third of respondents revealed that they would be willing to date people in other cities. Shan Boodram, a sex and relationships expert for the app, joined Cheddar News to talk about the long-distance dating trend and tips on how to go about taking part. "I think this is the magic of what we experienced over the past couple of years, is that we have already learned the tools necessary to stay connected with people despite not being able to be close to them," she noted. Boodram also pointed to Bumble's travel mode and using video conferencing in order to ease into such relationships.
On this episode of Cheddar Innovates: CEO of Achieve Life Sciences discusses a new plant-based compound that's being used to fight nicotine addiction; President & CEO OF DiaMedica Therapeutics explains a new ischemic stroke treatment option that expands the window for effective therapy for stroke patients; Cheddar gets a look at Curiosity Stream's 'Asteroid Rush.'
