Netflix's crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday.

Netflix may hike prices after success of password-sharing crackdown::Netflix’s crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday.

  • tilgare@lemmy.dbzer0.comEnglish
    18·
    1 year ago

    How has HBO been consistently $15 a month for decades it seems, and now suddenly this model requires everyone to hike their prices to hell and back? I think I would be willing to believe that $15/mo is the magic number, except that everyone is rocketing past that now. Now it’s just garbage corporations turning a quick buck for executives and shareholders, as subscribers we aren’t getting any more for our money - there’s no feature release or massive influx of content. What a shit system we have.

    • mtdyson_01@lemmynsfw.comEnglish
      3·
      1 year ago

      You answered your own question “Now it’s just garbage corporations turning a quick buck for executives and shareholders” executives must continually find more profit to appease the shareholders, the only way to do that consistently is raise prices, there are too many people that will just keep paying and paying and the corporations know it.