Netflix Is Doing Great, So It's Killing Off Its Cheapest Ad-Free Plan for Good

L4sBot@lemmy.worldmod to Technology@lemmy.world – 324 points –
Netflix Is Doing Great, So It's Killing Off Its Cheapest Ad-Free Plan for Good
gizmodo.com

Netflix Is Doing Great, So It's Killing Off Its Cheapest Ad-Free Plan for Good::The company made gains in ad-based subscribers, but the $12 Basic subscription is being put out to pasture later in 2024 starting in Canada and the U.K.

38

You are viewing a single comment

Netflix is doing great

uses picture from the worst major studio movie of 2023

I mean, that's actually an excellent way to prove their point.

No matter how terrible stuff like Rebel Moon may be, Netflix is succeeding by the only metric that matters; subscribers.

People talk about viewer counts a lot in the context of streaming while completely forgetting that, for the most part, they don't actually matter.

For Netflix, the absolute perfect scenario is a world where everyone is subscribed, and no one actually watches anything.

If their subscriber count is going up then Netflix is succeeding, and they couldn't give two shits if Rebel Moon is the worst movie ever made.

You're definitely right, it's just hilariously short-sighted. Continue to make unwatchable crap and the subscribers will bleed away, guaranteed