Honestly I’m beginning to think it’s a myth that they “did the math” with how many have made bad decisions.
Comment on Netflix is planning to raise prices… again
jimbolauski@lemmy.world 1 year agoI’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.
assassin_aragorn@lemmy.world 1 year ago
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.
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.