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Netflix has a lot fewer top-rated movies than it did 2 years ago

Netflix's US streaming catalog has shrunk by over 50% since 2012, but Netflix has always argued that the quality of the material keeps getting better. In 2013, Netflix began producing original shows and movies, which were more expensive but gave subscribers something they couldn't get anywhere else. "You can imagine that we could have a million low-quality videos that almost no one wants to watch and then say, hey, we have the largest catalog in the world," Netflix's Carlos Gomez-Uribe told Business Insider in a recent interview.
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