Netflix confirms it is increasing subscription prices, again, after adding 8.8 million customers::undefined

  • givesomefucks@lemmy.world
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    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
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      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 and then they’ll drop them entirely, citing a lack of consumer demand. There’s way more money to be made through cablefication.

      • TropicalDingdong@lemmy.world
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        1 year ago

        There’s way more money to be made through cablefication.

        I mean. Supposedly.

        But then again, cable is dead for a reason.

        • ZeroCool@feddit.ch
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          1 year ago

          I mean. Supposedly.

          But then again, cable is dead for a reason.

          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 and every greedy fuck out there is trying to start their own streaming service 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. They’ll be carried off into the sunset by their golden parachute while you’re paying $45/mo to watch commericals on Netflix.

          • TropicalDingdong@lemmy.world
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            1 year ago

            You think the c-suite types give a single fuck about the long-term viability of their services? lol no

            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.

              • givesomefucks@lemmy.world
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                1 year ago

                You can.

                1. Buy stock for a company that prioritizes steady sustainable growth instead of chasing an ever increasing profit margin.

                2. Plan to keep that stock for decades.

                3. Buy more stock as time goes on, never stop buying that stock.

                4. Pray that a giant conglomerate doesn’t decide to buy it.

                5. If a conglomerate buys it, dump stock immediately while everyone else is buying. Then reinvest it all into a new company.

                Repeat as needed.

                It’ll help good companies, and if enough do it, conglomerates might eventually not seeing gobbling every other company up as profitable.

            • SCB@lemmy.world
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              1 year ago

              Neo-liberalism?

              The internet decreed like a decade ago that “Anything You Don’t Like Is Neoliberalism,” so why not?

              • TropicalDingdong@lemmy.world
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                1 year ago

                I’m open to other words, but I don’t know what else to call it.

                Its whatever killed Sears, a company that was built on the idea of distributing a catalogue and people buying shit from it, and them having it show up at their house. Jesus christ that sounds familiar where the fuck have I heard that before?

                Its this idea that making money by taking a functional business and breaking its ability to function is some how “good business”.

                Its Horowitz and the take over of Pacific Lumber Company.

                Again, I dont know if I can call it neo-liberalism because I dont really know what that means (as in, I’m not sure there is a ‘there’ there).

                Whatever it is, its fucking idiotic.

                • givesomefucks@lemmy.world
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                  1 year ago

                  Whatever it is, its fucking idiotic

                  Never trust a political movement that renames itself constantly.

                  They likely know they can’t defend their policies, so instead they steer the argument towards what their name is.

                  If that wasn’t the case, they’d tell you what label they want to be called

                • SCB@lemmy.world
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                  1 year ago

                  Neoliberalism (narrowly defined under economic terms) is the idea that minimizing government impact in markets is a good thing, and that government regulation should be designed to efficiently address externalities with as little market distortion as possible.

                  Neoliberals, for instance, were among the first advocates for single-payer healthcare in the US, as they saw the insurance market as generally one large externality ripe with perverse incentives.

                  Historically, neoliberals have ranged from Reagan/Thatcher to Bush 1/Clinton, to HRC and Obama. Republicans kind of lost the plot on neoliberalism around 1996.

                  The internet started shitting on neoliberalism right about the time Hillary Clinton trounced Bernie Sanders, which they also blamed on neoliberalism. Before then, their criticisms were mostly Reagan/thatcher specific. As neoliberalism evolved, so did the internet, because leftists need something to hate and they were the loudest people online at the time.

                  • TropicalDingdong@lemmy.world
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                    1 year ago

                    Neoliberalism is the idea that minimizing government impact in markets is a good thing, and that government regulation should be designed to efficiently address externalities with as little market distortion as possible.

                    Its bigger than that. I dont know if it was clear from how I said it, but there not being a “there” there is that both the word has lost meaning, or that its meaning has broadened to mean something bigger. You should look into some of those references I dropped.

                    Whatever “this” is, I think neoliberalism is a good word for it (and I do take the broad definition to include the culture behind it).

      • doggle@lemmy.dbzer0.com
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        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.