Netflix Hints at Price Increases, Plans to Retire Basic Service Amid Ad-Tier Growth::Netflix says subscriptions to its ad-supported service grew by 70 percent in the fourth quarter of 2023.
Why not? They saw subscriber count go up after blocking shared accounts. Not like people give a shit.
I predicted exactly this when they first announced cheaper subscriptions with ads. People were raving that they’d abandon Netflix, because of price hikes commercials and preventing unlimited shared accounts. I suppose some did, but more was added with the cheaper option. So 100% a gain for Netflix. I even considered buying stock in Netflix, but didn’t in part because the stock market was pretty shaky at the time. But it would have been a decent investment.
The enshittification continues
Netflix already costs over $185 a year. For that price I can rent 6 5k UHD movies a month at redbox and get much higher quality viewing. I can’t find 6 good things to watch any given month on Netflix. I might turn my membership back on for the final season of Cobra Kai or Stranger Things, but there’s just not much else that’s compelling me to spend that money.
Yeah, because its other plans are STUPIDLY expensive, their content and original shows don’t justify the price.
“Time to extract profit from the losers-er I mean customers that are left”
I already unsubscribed and start sailing when the account share thing happened, but people are willing to take anything these days… so good for netflix I suppose.
101 businessman logic: slowly stretch it until numbers go down, and then back down a bit, just to keep trying stretching it further in a later time. Repeat.
infinite growth guaranteed.
This is why at this point I don’t trust any subscription type thing, they are all destined to end up in that cycle, which, good for them, I think it’ll have to explode eventually, or not, who cares, I’m already out anyway
They smell the blood in the water now.
I cancelled prime the day they sent the no more ad free email.
Netflix doesn’t even provide me with low quality counterfeit goods that get lost in transit, so this is a super easy decision.
Heh. What am I saying? I cancelled Netflix last year when my kid’s graduation coincided with their shared password crackdown. I only still had it so she could use it.
Obligatory, “if it happens I’m out” post
For reals though fuck these gonks
Just like when they banned shared accounts too I bet.
Lol at the people still paying. Learn to use the internet.
If everyone learned to “use the internet” and stopped paying then there would be nothing to pay for because nobody works for free.
We’ve really been weighing whether we use Netflix enough to justify the cost lately. Don’t push us, Netflix.
What I find interesting is it seems like we are again converging on the same service as cable. Which suggests that the best method of profiting off watching movies/tv at home is to have ad supported entertainment, with a monthly fee.
Once again, the profit motive ruins something good .
Isn’t this like actually the 5th or 6th price hike in the last year? I already cancelled Netflix when they cracked down on password sharing but this just feels like they’re trying to lose customers
Again?
Noticed we haven’t watched anything on it in a while. Was about to cancel it and then saw the ad for The Last Airbender live action, coming end of February.
If they drop the whole season, will binge-watch, then cancel.
