Netflix is planning to raise prices… again::Netflix is planning to raise the cost of its subscription, according to a report from The Wall Street Journal. The report comes just one week after the end of the writers strike.

  • marx2k@lemmy.world
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    1 year ago

    I just realized it’s been 3 months since I last watched anything on Netflix.

    Huh…

  • narc0tic_bird@lemm.ee
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    1 year ago
    1. Make a decent video streaming service
    2. Lure users with low prices and fairly high quality content
    3. Realize other companies want part of the cake too
    4. Pretend you have a monopoly, so increase prices and lower the average quality of new content
    5. People use alternative ways to access video streaming content, that’s also more convenient because they don’t have to have a gazillion different apps on their smart device to stream video
    6. Surprised Pikachu
    7. Repeat steps 4-6
    8. Repeat step 7
    9. Repeat step 7-8
    10. Die a slow death?
    • GCostanzaStepOnMe@feddit.de
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      1 year ago

      Yeah, people always come into these threads foaming at the mouth, but in the end it’s just a big old spreadsheet, and it tips on favor of higher prices.

  • Jo Miran@lemmy.ml
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    1 year ago

    Is there anywhere one can find a list of popular or good content available on Netflix at any current time?

    • Ghostalmedia@lemmy.world
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      1 year ago

      If by “support the writers” you mean, “Netflix doesn’t want to let the writers pay hike lower their earnings or executive pay.”

      Then yeah, it’s to support the writers.

  • AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    Netflix is planning to increase the cost of its streaming service yet again, according to a report from The Wall Street Journal.

    The streamer will reportedly issue the price hike a “few months” after the Hollywood actors strike ends, which could happen in the coming weeks.

    Just last week, the Writers Guild of America (WGA) ended its strike and began voting on a contract with major Hollywood studios, including Netflix, that could change the business of streaming.

    For example, Netflix, Disney Plus, Hulu, and other services will now have to share streaming data with the WGA under the new contract, allowing writers to see how well their content performed.

    Netflix is likely waiting until the end of the strike to raise prices, as hiking up costs when no new content is coming out doesn’t seem like a smart move.

    Once both writers and actors are back to work, there will likely be a lot of new shows and movies coming out that Netflix can use to justify the increase.


    The original article contains 414 words, the summary contains 169 words. Saved 59%. I’m a bot and I’m open source!

    • AttackPanda@programming.dev
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      1 year ago

      Damn Netflix keeps trying to get me to cancel. Like they are working hard at losing me as a customer. If my kids didn’t watch random stuff on there I would have already pulled the plug on it. This could be what does it.