LOS GATOS, CA – Netflix Chief Financial Officer Spence Neumann announced Tuesday that the company’s new, highly successful business strategy involves actively avoiding major expenditures, particularly those related to content acquisition. This groundbreaking approach was highlighted after Netflix walked away from a potential $2.8 billion deal with Warner Bros. Discovery.

“Frankly, we’ve discovered that the most profitable content is the content we don’t pay for,” Neumann stated in a press conference, adjusting his tie. “Other companies are out there spending billions on new shows and movies. We, on the other hand, are pioneering the revolutionary concept of having $2.8 billion in our pocket that we didn’t have a few weeks ago. It’s truly disruptive.”

Industry analysts were quick to praise the bold pivot. “This is genius,” remarked financial pundit Brenda Chen. “Why bother with writers, directors, and actors when you can just… not? It cuts down on production costs, marketing, and the pesky need for subscribers to actually *like* what you’re putting out.”

A Netflix spokesperson, who wished to remain anonymous to avoid being associated with any future spending, confirmed that the company is exploring further initiatives, including a ‘Netflix Original’ series composed entirely of a black screen with the word ‘Money’ slowly fading in and out, which is projected to have a negative production cost.