Netflix may hike prices after success of password-sharing crackdown::Netflix’s crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday.
I already cancelled my account. Netflix is too expensive already. Why would I pay more?
For real, their content isn’t even that compelling of an argument to keep paying for it anymore, especially when we all know that if they did manage to make the first season of a show that ends up being good they’ll just not renew it.
If they kick me off the account I am on I will finally be free of falling in love with a series just for them to cancel it after 1 amazing season.
People talk shit about other streamers, but Netflix is by far the worst for this
Maybe it is because the few ppl who left that they are willing to keep raising the prices?
And the enshittification continues…
Horray for end stage capitalism
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Probably after the planet is mostly uninhabitable.
I wish I knew how we do that.
This is what they said about the cotton gin
The enshittification of enshittification continues… Why people want to use it for anything that just means worse is beyond me lol.
$20/month for shit content. Dead to me.
Wait, so their excuse for hiking prices before was that they were losing money because people were sharing their accounts, so they “had to” hike the prices for those who subscribed to “compensate” for that. Now that they succeeded in their crackdown on password-sharing, which means more subscribers in theory, they figured that they still need to hike prices again? Someone please show me the logic here?
Capitalism demands perpetual and unlimited growth forever
The logic is there is no other way to increase profits. Netflix has maxed out its subscriber base. They can only ‘grow’ by raising the rent, selling ads, and reducing production costs. They are doing all three. Netflix is not alone. The Great Enshittification is global.
It took a long time for enshittification of cable to make that industry collapse: hopefully this is another case where the internet greatly accelerates that feedback
All my life I saw people (myself included) addicted to passively watching TV and we continued as things got worse and worse. However now they’re breaking the cycle, no more senseless loyalty, no more being a slave to some marketer’s schedule. I have much less interest in dealing with this than I used to, and my kids have never had the same addiction. Do streaming companies know or care that they’re sacrificing their future customer base?
The line must go up.
“Yes, but that was LAST week. This is our excuse THIS week.”
Logic: “We want more money.”
There you go biting the hand that feeds you again
Didn’t they just raise prices “due to the writers strike”?
if they need to raise rates this much this often they are crap at forecasting and or (more likely) they are just full of shit and are just making up excuses to generate revenue after seeing how many people tolerated the password crackdown.
Netflix, if you’re paying any attention here, there will be no raising prices to drive me to the ad tier. Either the ad free version is worth it or I’ll continue my life without Netflix. I’ll never go back to the cable ad experience.
Tighten the straps, then tighten the screws. Repeat.
Does it seem like all business models are the same nowadays?
I mean, it works. Why would anyone do anything different?
Pretty happy i dumped these guys. Now every time Netflix News hits i get to revel in my decision instead of being anger at being fleeced.
Piracy has only gotten easier so…
I am so surprised about this, who could have seen that coming /s
Say it ain’t so! Who could have known?
I’m ready to cancel. Their programming has been getting worse over time anyway.
I wake our account up for a month or two a year. They don’t have enough quality content to justify a nonstop subscription and haven’t since the great streaming market fracture like 5-6y ago.
Do it. I cancelled 2 weeks ago and haven’t looked back. Netflix is filled with self referential, formulaic films, shows that had a good season 1 but got axed, and shows that sucked but somehow got the engagement metrics up enough to stick around. Occasionally there’s a show that’s good and stocks around, but ends up a stinker as the seasons progress.
The only thing I miss is Korean dramas, but there’s Viki for that.
May as well make it 100 per month. Bunch of greedy fucks 🤡
Netflix acting like they got content worth paying any amount of money for 🤣
How has HBO been consistently $15 a month for decades it seems, and now suddenly this model requires everyone to hike their prices to hell and back? I think I would be willing to believe that $15/mo is the magic number, except that everyone is rocketing past that now. Now it’s just garbage corporations turning a quick buck for executives and shareholders, as subscribers we aren’t getting any more for our money - there’s no feature release or massive influx of content. What a shit system we have.
You answered your own question “Now it’s just garbage corporations turning a quick buck for executives and shareholders” executives must continually find more profit to appease the shareholders, the only way to do that consistently is raise prices, there are too many people that will just keep paying and paying and the corporations know it.
