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.
Comment on Netflix just axed its basic ad-free plan in the US and UK
zav@lemmy.world 11 months ago
What is it with tech companies and bad decisions lately
brcl@lemm.ee 11 months ago
DolphLundgren@lemmy.world 11 months ago
Time will tell. Wait 12 months then let’s see the membership and profits reported.
briongloid@aussie.zone 11 months 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.
BURN@lemmy.world 11 months 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.
Socialphilosopher@lemm.ee 11 months 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.
Coach@lemmy.world 11 months ago
Ahh…the inherent problem of capitalism.
BURN@lemmy.world 11 months 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.
rtxn@lemmy.world 11 months ago
When your cow can no longer produce enough milk to sustain an infinite growth, you just need to squeeze harder.