I am such a luddite -- I hardly stream (a couple of things per year from Google Play). I know about the book "The Electric State", but I never knew it was made into a film by Netflix. If you Google search for reviews, they are absolutely savage. Just the headlines are enough:
Vulture: Netflix's The Electric State Is a $320 Million Piece of Junk
The Atlantic: How to Make an Instantly Forgettable, Very Expensive Movie
The Guardian: Why are the most expensive Netflix movies also the worst?
EDIT:
Regarding this:
> Netflix can get away with inefficient business processes because it's making enough money right now to paper over those costs, but eventually they'll have to streamline their processes.
If this were really true, why are the professional stock analyst ratings overwhelming "buy" (instead of "hold" or "sell")? The stock is up 50+% in last 1 year, and 150+% in last 5 years. That is outstanding performance.