Comment on Netflix confirms it is increasing subscription prices, again, after adding 8.8 million customers
givesomefucks@lemmy.world 1 year ago
The prices of Netflix’s $6.99 ad-supported plan and the $15.49 Standard tier remain unchanged.
I wouldn’t be surprised if they crunched the numbers and realized adverters are desperate for a new place to show ads now that cable is basically dead.
They’ll keep raising the prices of ad free hoping people move to the ad supported tier.
If you’re ad free, Netflix makes the most profit when you never open it, and may even lose money if you’re always streaming something.
On ad plans, they’ll keep making money the more people watch. There’s no “tipping point” where profits go down the more someone watches.
ZeroCool@feddit.ch 1 year ago
Spot on. I expect within five or six years most streaming services will have priced ad-free plans out of the average person’s budget. There’s way more money to be made through cableification.
foggy@lemmy.world 1 year ago
🏴☠️🏴☠️🏴☠️
TropicalDingdong@lemmy.world 1 year ago
I mean. Supposedly.
But then again, cable is dead for a reason.
ZeroCool@feddit.ch 1 year ago
Yes, and the reason cable is dead is specifically because streaming offered a more affordable, convenient, and ad-free option. Now that it’s pretty much the only legal game in town the cablefication is well underway. You think the c-suite types give a single fuck about the long-term viability of their services? lol no. They’re here for short term profits. And when the house of cards topples there’s gonna be a golden parachute waiting for them.
TropicalDingdong@lemmy.world 1 year ago
This is the madness. It really speaks to the emptiness that underlies whatever we call the philosophy that results in this kind of decision making. Modern MBA cult? Neo-liberalism?
Christ, stop buying businesses just to break them people.
doggle@lemmy.dbzer0.com 1 year ago
Not my money. Piracy is easier at this point anyway. Or God forbid I get a hobby or go outside.
I’d seriously rather watch paint dry than watch commercials.