As consolidation continues corporations do not need to compete on prices as there are no alternatives. Yes people will pirate but they’ve already lobbied vendors to embrace DRM and governments to make it illegal so that makes it as annoying as possible.
Comment on Netflix is planning to raise prices… again
Number1SummerJam@lemmy.world 8 months ago
When will the greed stop? At what point will these corporations realize that the average American is completely stretched thin financially and will have to cease unnecessary expenses? They’re all just shooting themselves in the foot.
AProfessional@lemmy.world 8 months ago
Carobu@lemmy.world 8 months ago
Are we reading the same thing? Netflix has more competition now than it ever has. When Netflix had cheaper prices when it has no competition than it does now. Piracy has been making a huge resurgence as well.
query@lemmy.world 8 months ago
“More competition” meaning less access, people having to pay for multiple different services instead of having it in one place.
The competition should be about having the best platform, not exclusive content. There’s no reason why the same show couldn’t be on two different platforms. And available globally. Practically, all you really need is more local servers for where there’s more traffic.
Goronmon@kbin.social 8 months ago
The competition should be about having the best platform, not exclusive content.
Those both sound like competition to me. What you are really asking for is "I want things to be cheaper" which is a separate and sometimes related issue to competition, but separate nonetheless.
The path to lower prices would be government-mandated price controls on the industry.
AProfessional@lemmy.world 8 months ago
When Netflix started they entered the market as a licensor of content from studios.
This plausibility no longer exists. All of the studios have bought out competition and now only release their content themselves. This means there is no competition in the film distribution market.
pete_the_cat@lemmy.world 8 months ago
Oh you sweet summer child…
America is founded on greed and power, it’ll never stop.
uberkalden@lemmy.world 8 months ago
When enough people cancel. Keep paying, they’ll keep raising the price.
Fribbtastic@lemmy.world 8 months ago
As long as people pay for it and they make massive profits through it.
I mean, look at the last situation in which netflix addressed account sharing. Their user number actually increased because of it from what I have read.
Those people that can’t afford it will most likely switch to a less expensive tier and then probably see ads. I have seen that recently with my father who wasn’t even bothered or annoyed by the constant ads while watching a single episode.
Wisely@lemm.ee 8 months ago
I don’t understand how people are ok with ads? They annoy me so much. It’s wasting your time so it can attempt to brainwash you with buying stuff with the money you can’t afford to spend.
FunkyMonk@kbin.social 8 months ago
AND KILL THE AMERICAN DREAM THAT ANY MAN CAN BE KING?! might as well just side with those broke natives /s
deleted@lemmy.world 8 months ago
They’ll stop if everyone sailed the high seas.
Mannimarco@lemmy.world 8 months ago
“When will the greed stop?”
Never
CosmoNova@feddit.de 8 months ago
It‘s laughable to expect corporations to act against their only purpose. As soon as a company sells shares it takes the route of infinite growth which is impossible. First they grow their user base and once they start to inevitably stagnate, they start milking their costumers, shaving off features and laying off workers in order to grow their income. It is really the only way for them to remain existent when the market is saturated. They cannot stay in business when they make billions a year when these billions aren‘t even more billions than last year. You can‘t attract new investors that way and therefore cannot continue to exist. Enshittyfication only just started. It cannot possibly get better when they can‘t expand their user base, only worse. They know they will self destruct eventually, but that doesn‘t matter as long as shareholders get their piece of the cake and jump ship to sink the next one. Just being a massively profitable company is bad business if you‘re not growing. That‘s the state of capitalism we‘re in.
kinsnik@lemmy.world 8 months ago
yeah, the stock market makes that a company that is stable and generates a reliable income each year is seen as bad, but a company that has large grow in obviously unsustainable speed, which doesn’t have plans on how to ever become profitable is good (i am not specifically taking about netflix here)
Iamdanno@lemmynsfw.com 8 months ago
Seems like, at a certain point in your growth and success, you could use your billions to buy back stock. That could keep the stock price high, which keeps investors happy. Once you’ve bought back enough stock, you can effectively go private again, with all of the growth paid for by investors.
Hamartiogonic@sopuli.xyz 8 months ago
When the platform dies.
“first, they are good to their users; then they abuse their users to make things better for their business customers; finally, they abuse those business customers to claw back all the value for themselves. Then, they die. “
Source
AllonzeeLV@lemmy.world 8 months ago
Incorrect.
It will stop when our species exterminates itself out of greed.
Climate change will probably only thin our numbers out of the owner’s greed, but then they want to profit off AI, and CRISPR, and innumerable other potentially profitable means to our extinction.
The greed will stop when all the humans are dead, and humans wre actively working to accomplish this.