This is a most excellent place for technology news and articles.
Why not? They saw subscriber count go up after blocking shared accounts. Not like people give a shit.
People on average will roll over and take most anything.
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.
That actually false. They lost subscribers in the areas where the change took place
Check numbers after a quarter or two. Many of them will be back.
The enshittification continues
I plan to retire Netflix amid ad growth.
Fuck off 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 .
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.
And rip those disc's while you're at it...
Yeah, because its other plans are STUPIDLY expensive, their content and original shows don't justify the price.
Price anchoring, they show you* the big price and now you think the smaller one is a great deal.
*Not you you, you us, we. Hmmm
Price anchoring should be illegal honestly
God their lineup sucks balls. It's all the same juvenile drama dressed up in different genre costumes.
Fucking true, im only hanging around with it because the wife likes watching some of the shows…
Obligatory, “if it happens I’m out” post
For reals though fuck these gonks
Corpo rat scum
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.
Same here and I cancelled Netflix back when they announced they were cracking down on shared accounts. Arrrrrrr
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
“Time to extract profit from the losers-er I mean customers that are left”
We've really been weighing whether we use Netflix enough to justify the cost lately. Don't push us, Netflix.
been free for two or three years. i haven't missed a thing, as far as i can tell.
They smell the blood in the water now.
Yo ho ho and a bottle of netflix
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
"Trump hints at fascist plans..."
It ain't a hint.
Did you comment on the wrong post?
There are no "hints" in capitalism, just foreshadowing
It's a comparison. This is something g you can do in language
Hahaha. If they remove the "basic" which I believe is standard since that's the lowest I see. Only leaving the Premium option then I'm afraid I'm going to pull a full dragon's den.
I really did like Netflix, but they're just getting greedy and trying to extract blood from stone now. And for that reason, I'll be out should they remove the standard tier.
Lol... Just 1 out 2 more kicks to the balls and I'm outta here!
Well, I've not been affected so far. But this will definitely be a huge hit to me and that will be it.
This is the best summary I could come up with:
Netflix says it had a second straight quarter of strong growth in its ad-supported tier, though the business is still in its infancy.
The ad tier has gotten large enough, however, for the company to start retiring its cheapest ad-free option later this year.
Co-CEO Greg Peters said on the company’s earnings call that the ad tier has 23 million monthly active users in the 12 countries where it offers the plans, and he expects that number to continue growing.
Peters also noted that promotional bundles, à la wireless provider T-Mobile’s “Netflix on Us” deal, can help drive subscriber growth.
It will retire the plan — currently the least expensive ad-free option at Netflix — for all subscribers in Canada and the U.K. in the spring “and tak[e] it from there,” the company says in its letter to shareholders.
Netflix’s advertising team, led by Amy Reinhard, will have a lot more inventory to offer up in 2025, when it becomes the home of the WWE’s flagship program, Monday Night Raw.
The original article contains 442 words, the summary contains 169 words. Saved 62%. I'm a bot and I'm open source!
