Netflix Poised to Raise Prices in 2024 as It Continues to Gain Share of TV Viewing

Comments

• reddig33@lemmy.world ⁨8⁩ ⁨months⁩ ago

  Streaming customer growth has plateaued. So they are increasing prices to try to increase revenue — because people are too lazy to cancel.

  forbes.com/…/streaming-service-growth-halved-in-2…

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  • scrubbles@poptalk.scrubbles.tech ⁨8⁩ ⁨months⁩ ago

    Shocking, the pandemic may have inflated the subscriber counts for them. Of course rather than see that and switch to a stable stock, they just have to have infinite growth, even though that’s ridiculous post pandemic

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• Omgboom@lemmy.zip ⁨8⁩ ⁨months⁩ ago

  The year is 2032, a Netflix subscription costs $146

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  • ShepherdPie@midwest.social ⁨8⁩ ⁨months⁩ ago

    For real. What is this the 3rd or 4th price hike in a couple years? I wound up dropping from the 4k four screen plan to the $6.99 ad riddled plan because my mother in law likes to watch K dramas while she’s over babysitting. Everything else is on Plex. What a rapid downfall of what used to be a great service.

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• sadreality@kbin.social ⁨8⁩ ⁨months⁩ ago

  Well peasants keep paying... Why wouldn't owner class fuck them for profit?

  At this point, we got what we deserve. Y'all are rich enough for this. Good for you.

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  • scrubbles@poptalk.scrubbles.tech ⁨8⁩ ⁨months⁩ ago

    The sharing crackdown is what got me to cancel.

    Watching idiots in the states gladly bend over and say thank you for the lessened convenience was got me to stay cancelled. So many idiots were just “oh yup of course they need to do this it’s not a blatant money grab”.

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• survivalmachine@beehaw.org ⁨8⁩ ⁨months⁩ ago

  Unfortunately, I’m still supporting them by proxy. T-MOBILE is the only cell provider that gets reasonable coverage around my area and they give us free Netflix basic. We were paying a few dollars extra to expand that to 4 screens, but we cut out the extra bit last year.

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