Comment on Netflix just axed its basic ad-free plan in the US and UK

zav@lemmy.world ⁨1⁩ ⁨year⁩ ago

• rtxn@lemmy.world ⁨1⁩ ⁨year⁩ ago

  When your cow can no longer produce enough milk to sustain an infinite growth, you just need to squeeze harder.

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• brcl@lemm.ee ⁨1⁩ ⁨year⁩ ago

  But the reality is that Netflix’s decision has turned into a good business decision. People who lost access to a shared account have created one. Something like 6M new accounts.

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  • DolphLundgren@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Time will tell. Wait 12 months then let’s see the membership and profits reported.

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  • briongloid@aussie.zone ⁨1⁩ ⁨year⁩ ago

    As with the market, enough people don’t know or care to vote with our wallets, pricing for near everything will only ever get worse which is why others will have to turn back to piracy.

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• BURN@lemmy.world ⁨1⁩ ⁨year⁩ ago

  The VC money has dried up. Everyone is now being forced kicking and screaming into being profitable, and in the process are killing their platforms as a side effect.

  It’s been slowly happening since ~2019, the pandemic accelerated it and then the crazy inflation drove the nail home.

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• Socialphilosopher@lemm.ee ⁨1⁩ ⁨year⁩ ago

  They are making a profit in the existing system. But they are ruining the business by acting on the urge to make more Profit.

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  • Coach@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Ahh…the inherent problem of capitalism.

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• BURN@lemmy.world ⁨1⁩ ⁨year⁩ ago

  The VC money has dried up. Everyone is now being forced kicking and screaming into being profitable, and in the process are killing their platforms as a side effect.

  It’s been slowly happening since ~2019, the pandemic accelerated it and then the crazy inflation drove the nail home.

  source