Netflix is raising prices AGAIN across its ad supported, Standard, and Premium plans, a little over a year after its last price hike. Extra member fees are going up too, even though there are still no updates to plan features or streaming limits
Actually yeah that would be great. After all, Netflix is raking in more profit than ever (this chart represents earnings after expenses are removed):
That’s billions. Billions of dollars every year that’s just… extra. Where the fuck are they wasting all this money that requires them to raise prices instead of lowering them?
I mean, we all know it goes to funding the Epstein class and making the world a worse place for everyone else, but it should go towards making their service better and cheaper.
Let’s stop normalizing the predatory nature of capitalism, and instead be surprised when people don’t expect better.
The profit metric they look at isn’t profit itself, but actually year-over-year profit increases.
That’s the imaginary money line that tells shareholders and execs how much the actual money line has gone up since last year. When a big company says they’re operating “in the red”, they’re still making ungodly amounts of profit - just not as much as last year.
If people invested $1.50/mo into NFLX stock every month in addition to paying the subscription, it would have net out to be free over the past 10 years.
I’d you can’t beat them, join them. It’s a public investment market.
Saruman wasn’t supposed to be a role model, true. But neither was the guy complaining about rising prices from his couch while the free market delivered infinite content on demand.
I can hate the game and offer advice on how to play at the same time.
Do people expect the price to go down?
I’m confused
Actually yeah that would be great. After all, Netflix is raking in more profit than ever (this chart represents earnings after expenses are removed):
That’s billions. Billions of dollars every year that’s just… extra. Where the fuck are they wasting all this money that requires them to raise prices instead of lowering them?
I mean, we all know it goes to funding the Epstein class and making the world a worse place for everyone else, but it should go towards making their service better and cheaper.
Let’s stop normalizing the predatory nature of capitalism, and instead be surprised when people don’t expect better.
The profit metric they look at isn’t profit itself, but actually year-over-year profit increases.
That’s the imaginary money line that tells shareholders and execs how much the actual money line has gone up since last year. When a big company says they’re operating “in the red”, they’re still making ungodly amounts of profit - just not as much as last year.
If people invested $1.50/mo into NFLX stock every month in addition to paying the subscription, it would have net out to be free over the past 10 years.
I’d you can’t beat them, join them. It’s a public investment market.
Saruman was not supposed to be a role model.
Saruman wasn’t supposed to be a role model, true. But neither was the guy complaining about rising prices from his couch while the free market delivered infinite content on demand.
I can hate the game and offer advice on how to play at the same time.
I’d rather do like the French and decapitate them.
They expect to at least get the same service for their money. Instead, it’s gotten worse while also getting more expensive.
No, but back in 2012 no one expected the amount and quality of the content to go down so drastically either.
You’re continuously paying more for less.
Peobably to stay the same for longer