Netflix confirms it is increasing subscription prices, again, after adding 8.8 million customers::undefined

  • givesomefucks@lemmy.world
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    11 months ago

    The prices of Netflix’s $6.99 ad-supported plan and the $15.49 Standard tier remain unchanged.

    I wouldn’t be surprised if they crunched the numbers and realized adverters are desperate for a new place to show ads now that cable is basically dead.

    They’ll keep raising the prices of ad free hoping people move to the ad supported tier.

    If you’re ad free, Netflix makes the most profit when you never open it, and may even lose money if you’re always streaming something.

    On ad plans, they’ll keep making money the more people watch. There’s no “tipping point” where profits go down the more someone watches.

    • FordBeeblebrox@lemmy.world
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      11 months ago

      I still get it as part of my phone plan, and hardly ever use it. They’ve conditioned me to not ever get interested in a Netflix show until there’s at least 4 seasons.

      • Alchemy@lemmy.world
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        11 months ago

        I get it through my phone plan for free (t-mobile) and I still cancelled my account with Netflix.

      • friend_of_satan@lemmy.world
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        11 months ago

        Even if they don’t release anything, wtf. There is a huge back catalogue of movies I want to rewatch and stuff I’ve never seen. I can’t remember a single time I searched for a classic movie I wanted to watch and found it on Netflix streaming. Those movies were often available through Netflix DVD though! Enshitification indeed.

        • Radical Dog@lemmy.world
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          11 months ago

          I use Justwatch to figure out where films and shows are, and even then it’s grim how many aren’t available to stream, or even buy legally.

          • online@lemmy.ml
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            11 months ago

            even then it’s grim how many aren’t available to stream, or even buy legally.

            At that point you should honestly just pirate it so that a copy continues to exist.

            • Radical Dog@lemmy.world
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              11 months ago

              I’ve done that for my Jellyfin server, but some things are too rare and niche to be sure of results unfortunately.

    • Asafum@feddit.nl
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      11 months ago

      Yeah, I thought I did. I can’t even log into Netflix as they say I don’t have an account, and yet my PayPal history is showing I’ve been paying them continuously…

      How the fuck can they charge me for an account that doesn’t exist!? I just cancelled it today through PayPal, hopefully that stops it. It’s absolutely absurd.

    • Raptor_007@lemmy.world
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      11 months ago

      Sure did. They still email me about shit to watch. Dunno why I thought that would stop on its own.

    • Gogo Sempai@programming.dev
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      11 months ago

      Currently costs peanuts in India (have some good friends over there 🥸) and there’s no password sharing crackdown yet. Comes down to $2 per person on the highest plan. As long as this continues, I’ll stay subbed to Netflix.

    • Noodle07@lemmy.world
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      11 months ago

      It’s like the only one that works natively on my mom’s TV so that’s all she watches 🤷

    • Touching_Grass@lemmy.world
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      11 months ago

      Tell all your friends and family what a steaming pile of shit it is. Share memes that tell people its a waste of money. Lots of stuff do to

      • friend_of_satan@lemmy.world
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        11 months ago

        Sure, you could do that. But it’s better to be pro-alternative than anti-whatever. Personally I’d share jellyfin or Plex with my friends and family and ask them to do the same with whatever movies they have. It’s the modern equivalent of lending somebody a DVD and a list of your DVD collection.

        • Touching_Grass@lemmy.world
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          11 months ago

          Im not sure if your pro/anti point is true. Its the whole reason ads are a billion dollar industry. To counteract it there should be anti marketing movement.

          • friend_of_satan@lemmy.world
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            11 months ago

            Great point. I’m skeptical though. If you are anti-thing-1 then there could always be thing-2. Being anti-marketing is better framed as pro-person or pro-volition or something similar. I suspect if advertising companies could not exist, media companies would force you to buy something you did not like instead of watching an ad, or in Netflix’s case they would force you to watch an episode of something you didn’t care about. This wouldn’t be advertising but would cause the ratio of watches of whatever their sponsors show was to go up. This would be similar to how Apple automatically added that U2 album to everybody’s account. It inflates that thing and causes you to digest it into your subconscious. It’s better to be pro-I-choose-what-I-watch.

  • twistedtxb@lemmy.ca
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    11 months ago

    If you have more than two streaming services it now cost more than cable.

    We’ve come full circle, guys!

    • die444die@lemmy.world
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      11 months ago

      I’m not sure which streaming services you mean but cable back when I had it YEARS ago was over $120 a month. That was just the tv part, not including internet.

      I can’t think of 3 streaming services that come near that price.

        • nowwhatnapster@lemmy.world
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          11 months ago

          And now my basic Internet connection from the only provider in the area (who is also the TV provider) is $100/mo

      • stealthnerd@lemmy.world
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        11 months ago

        Yea you could really pay a lot depending on how many channels you subscribed to and especially if you had premium channels like HBO or Starz.

        I’m sure we’ll get there though.

    • JJROKCZ@lemmy.world
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      11 months ago

      Only if you’re counting YouTubeTV as one of those and even still, I remember my dad arguing with dish or direct about the $150 bill all the time over a decade ago. We switched cable providers every other year to keep the price in the low $100 range and as soon as the honeymoon period was over they would double it.

      Even YouTubeTV+Netflix+Disney+w/e is less than cable for now

    • online@lemmy.ml
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      11 months ago

      The cost of cable where I can choose what I want to watch when I want to watch it. Whereas before I had to hope that the programming directors for the different channels picked something somewhere worth watching when I turned on the tube.

    • DrGunjah@lemmy.world
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      11 months ago

      I unsubscribed when they killed account sharing and planned to subscribe just for one or two months per year to binge every show I like… but I may not subscribe again for a long time now, considering that these guys take their villain role very seriously, I mean it’s really hard to not dislike them right now. They’re like the Cersei Lannister of streaming services

  • nanoUFO@sh.itjust.works
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    11 months ago

    There is nothing on netflix that I would even want to watch and they canceled both the dark crystal and 1899. Also altered carbon was a disaster and black mirror is not what it used to be. Maybe 3 body problem will be the single good scifi series they made since the dark, maybe not.

    • Marruk@lemmy.world
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      11 months ago

      altered carbon was a disaster

      Personally, I loved it. I just wish they’d make a second season.

      • Cosmic Cleric@lemmy.world
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        11 months ago

        altered carbon was a disaster

        Personally, I loved it. I just wish they’d make a second season.

        I might be confusing with another show, but I thought they did make a second season, but not a third?

        They had a major lead actor change between the two seasons, if it’s the right show that I’m thinking about.

        • Marruk@lemmy.world
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          11 months ago

          I was being a bit sarcastic, because season 1 was fantastic, but season 2 was (IMHO) absolutely terrible. I couldn’t finish it.

          • Cosmic Cleric@lemmy.world
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            11 months ago

            Fair enough. I got through the second season, and I found it okay, but yeah definitely not as good as the first.

    • samus12345@lemmy.world
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      11 months ago

      I was so confused when I saw the most recent Black Mirror season. Joan is Awful was really good (and tech related), but then there was a bunch of so-so Twilight Zone wannabe episodes with little to nothing to do with technology.

    • TheDarkKnight@lemmy.world
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      11 months ago

      Eh, it makes sense. Folks here are thinking about it a few steps ahead, if I don’t unsub then all the other services will do the same over time and raise prices, which negatively impacts me in the long term. Your average folks aren’t thinking that at all.

  • egeres@lemmy.world
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    11 months ago

    When did netflix become a FAANG company? What do they have that is so valuable? To me it seems like they don’t develop any particularly incredible tech besides streaming and storage

    • somethingp@lemmy.world
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      11 months ago

      I mean FAANG stands for Facebook, Apple, Amazon, Netflix, and Google. So they’ve always been one.

      • egeres@lemmy.world
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        11 months ago

        I know that the N stands for netflix, but like, why did people considered it important enough to be in the name? It sounds to me like microsoft deserved that spot

        • somethingp@lemmy.world
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          11 months ago

          That’s a good point. I’m not sure why Microsoft doesn’t get a spot there. I think when the acronym was made these were the tech stocks that were growing like there’s no tomorrow, whereas Microsoft just always has steady growth, and isn’t as sexy.

      • egeres@lemmy.world
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        11 months ago

        I know that, but why not microsoft?

        It’s not like I want to endorse them, but to me it seems like they deserved the spot (?) I don’t know, back then satya hadn’t taken the seat (he was CEO in 2014) and microsoft still was a bit crusty and not so close to open source

      • CmdrShepard@lemmy.one
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        11 months ago

        I’ll bet they didn’t want to create the acronym without the N so they just found a fifth company to throw in there.

    • dlrht@lemm.ee
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      11 months ago

      They don’t develop any particularly incredible tech aside from the one their whole product is based around and enabled them to be an industry leader 🙈

      • egeres@lemmy.world
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        11 months ago

        Yeah but, it’s just one product, the rest of FAANG have multiple gooses that lay down golden eggs