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

  • TropicalDingdong@lemmy.worldEnglish
    194·
    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.chEnglish
      231·
      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.worldEnglish
        21·
        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.worldEnglish
            121·
            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.