Netflix kills Basic plan, making its cheapest ad-free tier $15.49

pe1uca@lemmy.pe1uca.dev to Technology@beehaw.org – 280 points –
Netflix kills Basic plan, making its cheapest ad-free tier $15.49
arstechnica.com

I've been putting off having a local copy of the series and movies I watch because I still can access them quickly and cheaply enough in some streaming service, I think it's time to plan ramping up my selfhosted setup.

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Until they patch this loophole by forcing yearly subscriptions.

Then I would definitely dig out my old eye-patch and captains hat again 🏴‍☠️

No doubt this is coming in the near future

A lot of other services usually offer a yearly discount, and I can see Netflix offering that. However, I don't see Netflix choosing to get rid of the monthly market entirely.

They could just make the monthly price so high that people will always get the yearly plan. For example, make the yearly plan cost the same amount as three months on the monthly plan.

They could, but it appears that stream switching is becoming a way that people are consuming streaming media. It becomes a business decision as to whether to go for that market segment or not.

If that happens...mass exodus don't think they are that stupid! The service, the company are on a cliff edge...it would be equivalent of slitting their throat and bleeding out fast!