NFLX

I now see an interesting investment opportunity in purchasing some Netflix shares after Elon Musk urged his X followers to cancel their Netflix subscriptions over a controversy surrounding “Dead End: Paranormal Park” animated show and its creator. The world's largest streaming service lost up to 5% of its market caps last week soon after Tesla and X owner posted on his platform saying, “Cancel Netflix for the health of your kids”. He did it in response to an image, which accused Netflix of carrying out a transgender woke agenda. I personally have no intention of cancelling my long-standing Netflix subscription because of one show I am not going to watch or wouldn't show to my child. Besides, I don't think a huge number of subscribers would actually unsubscribe because of one show.

I want to see Nero The Assassin right now, as only one example, where the French Césars nominated Pio Marmai starred as a man who must rescue his estranged daughter from malevolent forces in XVIth century France. I am waiting for Rowan Atkinson's return with "Man Vs Baby" as a Christmas follow-up series to Man Vs Bee, as another example. And who knows, what else? And I also want to make money on my stake in further Netflix shining. Especially since its share price has not only bounced off the local low of around $1,133, but also formed a symmetrical triangle pattern near the news-given bottom and even managed to take-off recovering to $1188. The incident seems to be over, at least in the field of stock market's reaction, while Musk's X post seems more like a warning to Netflix owners not to overdo it with untimely attempts to please queer supporting audiences. In short, I believe that Netflix share will revisit its target levels of no less than $1,350, where the price action already took place in mid-summer, with this sad episode marking the end of sideways corrections of the last three months for the stock.

As for the essence of the “Dead End: Paranormal Park” story, if anyone is still interested, I have done some research. When asked what the gender colouring is there, Google's Gemini assistant gave me an answer that the main protagonist of the show, named Barney, is transgender. And, to be more precise, Barney is an out trans teen boy who finds a job as a security guard of an amusement park with a haunted house. Barney is surrounded by friends and a family who support him, which is probably O.K. but the children marketed cartoon "seeks to explore how passive toleration isn't what every young queer person needs or wants". Well, I prefer that children of the world associate either Barney or Barny name only with a famous brand of wheat flour cake bears or a character from an old cartoon. It's too bold to mix it with children-marketed shows digging into a conflict between queer people and their parents that's directly about the trans gender world to resonate with a lot of queer wish fulfilment of fantasies.

Personally, I also feel strongly that schools, kindergartens and the film industry need to stop offering all this woke agenda to children. This topic is mentioned for a certain segment of the adult audience who are interested in it, but there's no need to ruin children's psyches by forcing explanations to very young and inexperienced minds and souls on a subject that looks alien to them and that they can't understand at their age. Yes, I'm rather conservative on these issues. But I hate the very concept of the so-called "cancel culture" much more, seeing it as a substitute for genuine debate. Boycotts of public personalities or brands after they have done or said something considered objectionable is not going along with free speech society. Again, let's remember how the magnificent Johnny Depp was almost lynched for something he didn't even try to do. "Me too" stories with claims of attempted harassment, decades later and often without any evidence, after which people were lowered to the bottom of modern society. In short, they probably should find another space for queer culture promotion, but that's no reason to cancel Netflix subscription or stop trading its shares. They made money on content; let them share it with shareholders like me and you.