Earlier this month, the Wall Street Journal wrote that Netflix was planning to raise its prices once again. The streamer implemented its last hike in January 2022,...

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

  • givesomefucks@lemmy.worldEnglish
    982·
    9 months 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.chEnglish
      661·
      9 months 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.worldEnglish
        194·
        9 months 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.chEnglish
          231·
          9 months 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.worldEnglish
            21·
            9 months 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.worldEnglish
                121·
                9 months 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.

      • doggle@lemmy.dbzer0.comEnglish
        2·
        9 months 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.