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

  • givesomefucks@lemmy.world
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    1 year 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.

    • ZeroCool@feddit.ch
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      1 year ago

      Spot on. I expect within five or six years most streaming services will have priced ad-free plans out of the average person’s budget and then they’ll drop them entirely, citing a lack of consumer demand. There’s way more money to be made through cablefication.

      • doggle@lemmy.dbzer0.com
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        1 year ago

        Not my money. Piracy is easier at this point anyway. Or God forbid I get a hobby or go outside.

        I’d seriously rather watch paint dry than watch commercials.