Netflix Hints at Price Increases, Plans to Retire Basic Service Amid Ad-Tier Growth
hollywoodreporter.com
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.
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Why not? They saw subscriber count go up after blocking shared accounts. Not like people give a shit.
People on average will roll over and take most anything.
I predicted exactly this when they first announced cheaper subscriptions with ads. People were raving that they'd abandon Netflix, because of price hikes commercials and preventing unlimited shared accounts. I suppose some did, but more was added with the cheaper option. So 100% a gain for Netflix. I even considered buying stock in Netflix, but didn't in part because the stock market was pretty shaky at the time. But it would have been a decent investment.
That actually false. They lost subscribers in the areas where the change took place
Check numbers after a quarter or two. Many of them will be back.