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.
8·1 year ago- Make a decent video streaming service
- Lure users with low prices and fairly high quality content
- Realize other companies want part of the cake too
- Pretend you have a monopoly, so increase prices and lower the average quality of new content
- 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
- Surprised Pikachu
- Repeat steps 4-6
- Repeat step 7
- Repeat step 7-8
- …
- Die a slow death?