this post was submitted on 30 Jan 2024
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Technology

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[–] Rentlar@lemmy.ca 28 points 9 months ago

Here’s the thing: as subscriber growth becomes saturated, Netflix has to keep providing Wall Street with those sweet, improved quarterly returns at any cost. To do that they’re going to follow directly on the heels of the cable giants (like Charter and Spectrum) the company once disrupted. That means more and more price hikes, and greater and greater restrictions and annoyances.

There you go. Classic case of capitalism sucking dry any long term value of the company in pursuit of ever-increasing short term profit.

[–] arymandias@feddit.de 11 points 9 months ago

Innovate -> Consolidate -> Exploit

[–] hondaguy97386@sh.itjust.works 9 points 9 months ago

Yo ho and a bottle of rum!

[–] Itsamelemmy@lemmy.zip 1 points 9 months ago* (last edited 9 months ago)

I'm on the mid tier at 15.49 a month. It hasn't seen a price hike with the last several price increases. The 4k tier went up(this caused me to switch plans. now I'm paying 15.49 instead of 19.99 like I was) and the bottom tier up or canceled to push the ad supported tier. This still feels like a good price to me. The library is definitely going downhill though, and if they hike it for WWE that might be enough to push me off.