Netflix is going to take away its cheapest ad-free plan
Netflix is going to take away its cheapest ad-free plan
www.theverge.com
Netflix is going to take away its cheapest ad-free plan
28 comments
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The executives write, “As we invest in and improve Netflix, we’ll occasionally ask our members to pay a little extra to reflect those improvements.” Netflix raised the prices of its Basic and Premium plans last year.
Earlier today, Netflix made the surprise announcement that it struck a 10-year deal to air the WWE’s Monday Night Raw. The $5 billion deal will bring the live weekly show to streaming after over three decades of airing on linear television.
What if I don't give a duck you just spent $5B on content I don't care about? Don't ask me to increase my fees.
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5 billion / 10 years / 247 million subscribers / 12 months also works out to 17 cents/month
Raising the minimum cost of your service by $2.50 * 10 years * 247 million subscribers * 12 months is…. 2.33/2.5 About a 93% profit margin between the two changes
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Such corpo speak: "we'll occasionally ask"....
Will you ever occasionally lower your rates back down? If not, that's not " occasionally asking" your beloved members for something. That's just raising your rates because you think you can.
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man I hate the future
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Who cares though, right? We all unsubscribed from that useless streaming service, right?
Edit: dang, I guess not! https://variety.com/2024/digital/news/netflix-q4-2023-earnings-results-subscribers-profit-1235883585/
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It's pretty obvious that netflix is moving towards being subscription + ads. They can't get infinite growth from subscriptions alone, and advertisers don't want the people who will spend the most money, excluded from advertising.
I know we all know how to pirate and we joke about that, but many people don't, or don't know how to do it safely and get threatening letters in the mail so this will probably work.
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I was fine paying for streaming services. Now gone back to piracy again. It's just more convenient and better quality.
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Netflix and bill
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Are they going for a speed run to obscurity?
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I’m in Europe and Netflix just cancelled my account. They finally thought that it’s not okay for me to have a Turkish subscription and only watching from countries outside of Turkiye. Oh well, saving $6/month for the premium plan, getting the stuff I want to watch from the interwebs and maybe do some crazy shit like reading a book. I’m now waiting for the basic plans to be phased out everywhere. Curious to see if this is a clever move
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It's ok I already cancelled
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I’ll still torrent their content.
28 comments
Arrrr they sure they want to do this?
You would think people would boycott, go elsewhere, or sail the high seas. But apparently they're idiots. After Netflix's last giant price hike and not allowing accounts to be used from a different address their revenue went way up.
Depressing.
I tried to cancel mine about 2 years ago, because I never watch it and it's not worth the money, and that's when it was $10. The day I canceled it, my wife threw a fit and started her own account.
Part of the reason is that unless you're technical, you can't really pirate.
And it's "illegal" to share urls for popular free, no registration, streaming sites.
The day I see ads I cancel
And the enshittification train continues to accelerate
Honestly I say let them be lazy matey. I've been sailing the seas long enough to know when it gets too easy it gets shut down matey. I've done good curating my Linux iso booty on my servarrr matey
I still wasn't shit with the password sharing block. Sure, I was warned a few times, bit no real action so far.
When the ads and password sharing mitigations were being rolled out, many hundreds of comments saying they would cancel service and claiming how this would hurt their bottom line rather than help.
They added subscribers last year.
I think they’re sure.