Earlier quoted context omitted.
I don't know much anymore, I know they run more ads than content and that they're running very lean. A lot of people had to go when the stock tanked. I have some conspiracy theory that "they" wiped the stock harder than deserved to be able to buy back ownership on the cheap... I had to deal with Viaplay HR recently to get some documents out, took a month to get ahold of someone who could do it...
Jeez that sucks, was it all due to the decision to offload streaming to 3rd parties? How could they not do any cost estimations? It must have been a huge project that lasted months.
Regarding why the company tanked, I think it was just a part of a bigger problem with inefficient operations, bloat and also going all-in investing in sports without acquiring enough customers.
The Viaplay app(s) are quite bad so people find other ways to watch what they want.