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
    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.