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165

Netflix raises prices as password boost fades (www.bbc.com)

submitted 4 weeks ago by fine_sandy_bottom@lemmy.federate.cc to c/technology@beehaw.org

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Netflix is starting to raise prices in some countries as growth spurred by its crackdown on password sharing starts to fade.

The film and TV streaming giant said it had already lifted subscription fees in Japan and parts of Europe as well as the Middle East and Africa over the last month.

Changes in Italy and Spain are now being rolled-out.

In its latest results, Netflix announced that it had added 5.1 million subscribers between July and September - ahead of forecasts but the smallest gain in more than a year.

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[–] monobot@lemmy.ml 6 points 4 weeks ago

Just idea that they expect growth where there is none is strange. This business are at the limit and have no way to grow faster than economic situation of many people around the world gets better.

Sad part is fir them it is better to destroy service trying to increase growth in meaningless ways, than to just find a way to keep the business that is working.

Idea of infinite growth is ruining us.