I don't watch shows on Netflix any more until they come to a conclusion. They cancel shit so often that I can't know that whatever I choose to watch on there will wrap up and come to a satisfying end or not.
People start waiting to watch shows due to cancellations, Netflix sees viewership is down and cancels show early, more people start waiting for new shows.
I imagine it is. We are kind of making things worse. But at the same time the issue started because they kept canceling shows. People would watch what they wanted, and some just didn't have a big enough audience, or Netflix just didn't care, so they would get canceled. And that's why now some of us don't watch what we want, because what we want is likely to get canceled, even if we do watch it. Us not watching it just increases those chances. But I'm not willing to spend time on a 1 season show that gets left without a finish.
I think another problem is that they have a little of everything. If you want a particular type of show, they probably have made it. Maybe even more than once. But that also means the viewership gets spread a little thinner, which means many of them aren't getting as many views as the big name shows.
Raised by Wolves was killed by David Zaslav when HBO was brought by Discovery. The is the reason Discovery switched from educational programmes to reality TV. He ruins everything he touches.
This is why I mostly only watch their limited series, since its always one season and done. Not always good (eg Bodies is nowhere as good as Dark), but at least it ends.
Netflix doesn't promote shows, they drop them all in one day killing any ability to talk with people you know about them, and they kill their most popular titles to save money. They're much worse than old school TV that needed to, at least, pretend to care about the shit they made.