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%
TwilightVulpine@lemmy.world 1 year 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 1 year 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 1 year 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 1 year 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 1 year ago
Their last price hike they lost 3-5% of their subscribers, the 30% price hike made up for it.
deafboy@lemmy.world 1 year 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.
netchami@sh.itjust.works 1 year ago
If you go with Mullvad (which is one of the best private VPN providers) you even save some money, as it’s just 5 EUR/month.
jantin@lemmy.world 1 year ago
Huge +1 for Mullvad for their pricing model. 5€/month regardless of “plan” and you can buy as many or as few months as you like. I never feel chained to Mullvad, never worried about subscription running out or getting charged at random moments. Pay 5€, watch whatever you want on the foreign tv websites, forget about vpn for the next 3 months.
Companion1666@lemmy.world 1 year ago
If you love Mullvad’s pricing, you may check out iVPN’s one-week plan for $2. Like Mullvad, you don’t need an email address to register, just generate an ID.
netchami@sh.itjust.works 1 year ago
Mullvad also gives you free multi-hop. It’s not particularly useful for torrenting, but it’s great for privacy in general. But it’s not available in the mobile apps, so I will stick with IVPN.