Netflix Hints at Price Increases, Plans to Retire Basic Service Amid Ad-Tier Growth::Netflix says subscriptions to its ad-supported service grew by 70 percent in the fourth quarter of 2023.
I plan to retire Netflix amid ad growth.
Fuck off Netflix.
18 billion yearly profit last I checked.
Not enough.
Never enough.
I am a shareholder of Netflix. If they don’t make more profit this year the stock will go down and I will lose money.
I use some of the income from my Netflix stock to pay for my Netflix subscription.
Edit: looks like I just made 12% since this announcement came out!
What I find interesting is it seems like we are again converging on the same service as cable. Which suggests that the best method of profiting off watching movies/tv at home is to have ad supported entertainment, with a monthly fee.
Once again, the profit motive ruins something good .
Isn’t this like actually the 5th or 6th price hike in the last year? I already cancelled Netflix when they cracked down on password sharing but this just feels like they’re trying to lose customers
I only had Netflix because it was
freeincluded with my T-Maybe account. They are switching it to the ad supported tier today as base, and a user has to pay extra for the non-ad supported tiers.My plan going forward is to watch the first episode with ads and if I like it I’ll search the high seas for the rest.
The enshitification continues.
Lol at the people still paying. Learn to use the internet.
If everyone learned to “use the internet” and stopped paying then there would be nothing to pay for because nobody works for free.
Noticed we haven’t watched anything on it in a while. Was about to cancel it and then saw the ad for The Last Airbender live action, coming end of February.
If they drop the whole season, will binge-watch, then cancel.
I don’t care I will pay for it anyways
Again?
