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Netflix Poised to Raise Prices in 2024 as It Continues to Gain Share of TV Viewing

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Submitted ⁨⁨1⁩ ⁨year⁩ ago⁩ by ⁨neme@lemm.ee⁩ to ⁨moviesandtv@lemm.ee⁩

https://variety.com/2024/digital/news/netflix-price-increase-2024-analyst-1235923872/

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Comments

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  • ModernRisk@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago

    Sail the high seas people, sail the high seas.

    Better quality, less to zero costs and not dependent on streaming services.

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    • dmtalon@infosec.pub ⁨1⁩ ⁨year⁩ ago

      Well, they have to have some customers or they’ll go away. I’m still with them for now, but each rate increase has always brought up questions of cost to value. I’m not against what you’re suggesting, but again… these services do have to make money to stay around. My problem is now there’s like a dozen different streaming services with content spread across.

      In the past I’ve downgraded my Netflix ‘service’ as they have raised the rates. Not sure there’s much downgrading left before I’m either forced to live with the rate or leave.

      Will cross that bridge when I get to it.

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      • Overzeetop@beehaw.org ⁨1⁩ ⁨year⁩ ago

        At this point I have so much content backed up that I haven’t watched I’m not sure I’ll get through it all before I die. I say let Netflix perish on the pike of their own enshitification (ads and price increases).

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      • echo64@lemmy.world ⁨1⁩ ⁨year⁩ ago

        I’m okay with them going away. The existence of that one particular company is not a net benefit to society.

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      • CobblerScholar@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Not only are there dozens of services they constantly bicker and fight amongst themselves over what service in what country gets what media but all seemingly agree that they will raise prices seemingly on a whim. Like get your hand out of my pockets and stop making me play geopolitics to watch some damn TV

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    • Anticorp@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Yo ho ho, and a bottle of rum!

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  • reddig33@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Streaming customer growth has plateaued. So they are increasing prices to try to increase revenue — because people are too lazy to cancel.

    forbes.com/…/streaming-service-growth-halved-in-2…

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    • scrubbles@poptalk.scrubbles.tech ⁨1⁩ ⁨year⁩ ago

      Shocking, the pandemic may have inflated the subscriber counts for them. Of course rather than see that and switch to a stable stock, they just have to have infinite growth, even though that’s ridiculous post pandemic

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      • Bakkoda@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

        It was a glimpse into revenue they were desperately trying to achieve again but almost never will despite every lie about why they have to increase pricing.

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  • Anticorp@lemmy.world ⁨1⁩ ⁨year⁩ ago

    It’s amazing how good for my mental health cancelling all of my streaming services and returning to the high seas has been! These headlines used to cause me a little bit of stress, now I just go “LOL” and move on with my day.

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  • Omgboom@lemmy.zip ⁨1⁩ ⁨year⁩ ago

    The year is 2032, a Netflix subscription costs $146

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    • ShepherdPie@midwest.social ⁨1⁩ ⁨year⁩ ago

      For real. What is this the 3rd or 4th price hike in a couple years? I wound up dropping from the 4k four screen plan to the $6.99 ad riddled plan because my mother in law likes to watch K dramas while she’s over babysitting. Everything else is on Plex. What a rapid downfall of what used to be a great service.

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  • Someonelol@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago

    What the hell are they gonna use that money for? They kill off so many shows by the second season it’s hard to trust they’ll provide a satisfying end to any of them.

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    • TheOctonaut@mander.xyz ⁨1⁩ ⁨year⁩ ago

      G R O W T H

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  • sadreality@kbin.social ⁨1⁩ ⁨year⁩ ago

    Well peasants keep paying... Why wouldn't owner class fuck them for profit?

    At this point, we got what we deserve. Y'all are rich enough for this. Good for you.

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    • scrubbles@poptalk.scrubbles.tech ⁨1⁩ ⁨year⁩ ago

      The sharing crackdown is what got me to cancel.

      Watching idiots in the states gladly bend over and say thank you for the lessened convenience was got me to stay cancelled. So many idiots were just “oh yup of course they need to do this it’s not a blatant money grab”.

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  • survivalmachine@beehaw.org ⁨1⁩ ⁨year⁩ ago

    Unfortunately, I’m still supporting them by proxy. T-MOBILE is the only cell provider that gets reasonable coverage around my area and they give us free Netflix basic. We were paying a few dollars extra to expand that to 4 screens, but we cut out the extra bit last year.

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  • Talaraine@kbin.social ⁨1⁩ ⁨year⁩ ago

    ferrisbuelleryou'restillhere.gif

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