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Netflix's Annual Reports (10-Ks) used to be a work of art. What happened?

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Re: Netflix's Annual Reports (10-Ks) used to be a work of art. What happened?

#61

Post by OJFord »

hbcondo714 wrote: post #26

Annual Report: A corporation's annual report is usually a colored, professionally presented, and marketable document intended for an audience of shareholders. 10-K: The 10-K report is submitted to the SEC in a generic format, with no pictures or charts. The SEC has very strict guidelines on what information must be included and how it must be organized. Source: https://www.investopedia.com/ask/answers/102714/what-are…

Prior to 2003 though, the artworks themselves (shown in OP) do say '10K', like they're cover pages or something.

From then on, they're 'annual report's.

I'm not familiar with US forms, but perhaps it's possible there used to be a vaguer reporting requirement called '10K', and the format had more freedom, but then from 2003 it was just a form to fill out separately to a flashy annual report to investors?

Re: Netflix's Annual Reports (10-Ks) used to be a work of art. What happened?

#62

Post by HenryBemis »

etaioinshrdlu wrote: post #55
hbcondo714 wrote: post #26

Annual Report: A corporation's annual report is usually a colored, professionally presented, and marketable document intended for an audience of shareholders. 10-K: The 10-K report is submitted to the SEC in a generic format, with no pictures or charts. The SEC has very strict guidelines on what information must be included and how it must be organized. Source: https://www.investopedia.com/ask/answers/102714/what-are…

Does this mean that Netflix produced two documents that they both called 10-K's? One pretty and one generic?

Most likely yes. One that goes straight to the bureaucrats (SEC) and one (with the exact same data) that is publicly available to amuse the 'peoples'. Having been immersed in audit/IT/security audit most of my life, I so much more prefer the 'flat'/boring one.

Re: Netflix's Annual Reports (10-Ks) used to be a work of art. What happened?

#63

Post by dmurray »

sinuhe69 wrote: post #51
hbcondo714 wrote: post #26

Annual Report: A corporation's annual report is usually a colored, professionally presented, and marketable document intended for an audience of shareholders. 10-K: The 10-K report is submitted to the SEC in a generic format, with no pictures or charts. The SEC has very strict guidelines on what information must be included and how it must be organized. Source: https://www.investopedia.com/ask/answers/102714/what-are…

Like the ideas of reading 10K more efficiently. But to me, the text interface of Last10k could not deliver this promise. Visualization is IMO a much better way to quickly grasp information.

It's better because if used well, it brings your attention to the most important information. That becomes a problem when the company's idea of what investors should pay attention to is different from the SEC's.

(not a criticism of Last10k, this is more about the overall question of why Netflix could be encouraged to use the blander format).

Re: Netflix's Annual Reports (10-Ks) used to be a work of art. What happened?

#64

Post by [deleted] »

HenryBemis wrote: post #62
etaioinshrdlu wrote: post #55

Earlier quoted context omitted.

Does this mean that Netflix produced two documents that they both called 10-K's? One pretty and one generic?

Most likely yes. One that goes straight to the bureaucrats (SEC) and one (with the exact same data) that is publicly available to amuse the 'peoples'. Having been immersed in audit/IT/security audit most of my life, I so much more prefer the 'flat'/boring one.

[deleted]

Re: Netflix's Annual Reports (10-Ks) used to be a work of art. What happened?

#65

Post by Aeolun »

WheelsAtLarge wrote: post #36
Moxdi wrote: post #23

Earlier quoted context omitted.

Sound like it was fun, and now it's boring, was it worth it?

Yes it was fun to be part of it. The cuts were not worth it to me but it was for the company. It's been many years and the company is still around. It happens to all companies. New executives get hired and they make their points by cost cutting and increasing productivity. Employee morale is not really part of the equation.

> Employee morale is not really part of the equation

If that’s the case they cannot claim to care about productivity.

Re: Netflix's Annual Reports (10-Ks) used to be a work of art. What happened?

#66

Post by Game_Ender »

LiberatedLlama wrote: post #33
ekianjo wrote: post #29

Earlier quoted context omitted.

> It never came back. Just like any kind of fun left in the company?

If you want fun on the company's dime, convince your boss to take your team to a go-kart track. That would provide a much better fun:money ratio.

Once the cutting has started the company is unlikely to have set the morale/team/event budget large enough to support go kart outings. That or the entire years budget would be gone at once.

Re: Netflix's Annual Reports (10-Ks) used to be a work of art. What happened?

#67

Post by nt2h9uh238h »

hbcondo714 wrote: post #26

Annual Report: A corporation's annual report is usually a colored, professionally presented, and marketable document intended for an audience of shareholders. 10-K: The 10-K report is submitted to the SEC in a generic format, with no pictures or charts. The SEC has very strict guidelines on what information must be included and how it must be organized. Source: https://www.investopedia.com/ask/answers/102714/what-are…

There is no legal address, phone, email and no imprint on your page, that looks highly fishy. Would fix that. Privacy policy is missing as well :0

Re: Netflix's Annual Reports (10-Ks) used to be a work of art. What happened?

#68

Post by yyublhjashlyy »

nt2h9uh238h wrote: post #67
hbcondo714 wrote: post #26

Annual Report: A corporation's annual report is usually a colored, professionally presented, and marketable document intended for an audience of shareholders. 10-K: The 10-K report is submitted to the SEC in a generic format, with no pictures or charts. The SEC has very strict guidelines on what information must be included and how it must be organized. Source: https://www.investopedia.com/ask/answers/102714/what-are…

There is no legal address, phone, email and no imprint on your page, that looks highly fishy. Would fix that. Privacy policy is missing as well :0

Doesn't revealing personal information like that on your website allow doxxing?

Re: Netflix's Annual Reports (10-Ks) used to be a work of art. What happened?

#69

Post by newsclues »

LiberatedLlama wrote: post #33
ekianjo wrote: post #29

Earlier quoted context omitted.

> It never came back. Just like any kind of fun left in the company?

If you want fun on the company's dime, convince your boss to take your team to a go-kart track. That would provide a much better fun:money ratio.

If you want a motivated, enthusiastic workforce, don’t try to crush fun for profit.

Re: Netflix's Annual Reports (10-Ks) used to be a work of art. What happened?

#70

Post by rezonant »

stuu wrote: post #46
geofft wrote: post #40

Earlier quoted context omitted.

Did you have to mail them back when you were done reading?

Nah, sending them out was required [0] and the web wasn't the defacto medium for invesetor info not that long ago. They were all pretty fancy [1]. [0] https://www.investor.gov/introduction-investing/investing-ba... . [1] https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2334524.m...

Woosh
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