LG to offer subscriptions for already purchased appliances and televisions, evolving into a provider for “Home as a Service”

L4sBot@lemmy.worldmod to Technology@lemmy.world – 473 points –
LG to offer subscriptions for appliances and televisions
theregister.com

LG to offer subscriptions for already purchased appliances and televisions, evolving into a provider for “Home as a Service”::Subscription fatigue is a thing and regulators are circling, but Korean giant reckons you're ready to cough up after buying hardware

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But more reliable products means existing customers will buy again less frequently.

There are nearly 8 billion people in the world and never in our history has there been as many people with disposable income. There are new customers out there. They don't have to simply fuck over their existing customers and continually fleece us.

But what about their poor shareholders that want to see maximum profits :(

And don't forget about executive bonuses too!