Comment on Netflix is planning to raise prices… again
sturmblast@lemmy.world 11 months ago
it’s amazing that they think people are going to continue to pay them at least prices for no content
Every time Netflix changes anything, people freak out and say they’re gonna lose all their subscribers.
And every time, Netflix makes more money than before, because they have awesome data analysis and have a very good idea of how many subscribers will leave and how much more money they’ll make from the remainder.
I remember when they lost like 4% of their subscribers a few years back and everyone was all doom and gloom, but they’d raised their rates like 15%
Eventually they’ll figure if they can get one person to pay 10 billion dollars a month, they can lose all their other subscribers and still hit their quarterly goals.
Until the shareholders demand more.
Elon might be dumb enough
That’s essentially what the Twitter board did.
But they are
Exactly. No one I know cancelled. They just had to buy separate accounts while complaining.
I’m the only person I know who cancelled. Like you said everyone else just complains about it.
Yeah, this is exactly like the Reddit and Twitter situation. No matter how bad it gets, people don’t care. If they’re used to something, they’ll rather put up with the new bad stuff than changing their habits.
I keep hearing people say this no content thing. Meanwhile I just went through Castlevania, one piece, sweet tooth and Kingdom this past week and there’s alot 30 shows and movies on my cue
You enjoyed the garbage fire that was Castlevania? Don’t get me wrong, the first season was good enough, but then the writing quickly devolved into a 10 year-old’s edgy fanfic, and the animation quality dropped off a cliff.
Lol if it’s not a 10/10 it’s “a garbage fire” to you guys. Not everything needs to be a masterpiece
When you have one of the best franchises in the world to draw your story from, it better be 10/10, yes
TwilightVulpine@lemmy.world 11 months ago
Some people seem to believe the customers are suckers who will eternally take the price hikes, but even the most gullible fool still doesn’t have infinite money. At some point they’ll have to cut something or the bank will cut it for them.
Well, back to the seas it seems. It was fun while it lasted. One might as well pay for a VPN instead.
jimbolauski@lemmy.world 11 months ago
I’m sure they did the math they’ve calculated that the increases will offset the loss is subscribers. From the article it looked like the royalties will increase so less subscribers paying more is even more profitable.
TwilightVulpine@lemmy.world 11 months ago
It wouldn’t be the first time companies precisely calculate next quarter earnings and fail to account for the long term survival of their business.
assassin_aragorn@lemmy.world 11 months ago
Honestly I’m beginning to think it’s a myth that they “did the math” with how many have made bad decisions.
jimbolauski@lemmy.world 11 months ago
Their last price hike they lost 3-5% of their subscribers, the 30% price hike made up for it.
deafboy@lemmy.world 11 months ago
The customers are suckersnwho will take a lot. Look up skylink satellite tv provider, and their “always free” tier that’s currently 6,90€ a month.
They actually gave it for free just around the time analog tv was being decomissioned. And after they’ve captured the large userbase, who couldn’t switch back, they pulled the trigger.
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jantin@lemmy.world 11 months ago
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