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Netflix Starts Booting Subscribers Off Cheapest Basic Ads-Free Plan(www.macrumors.com)

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ForgottenFlux@lemmy.world
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Geometrinen_Gepardi@sopuli.xyz
33 points
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Is it that the decade of 0% interest rates and angel funding for startups lulled us into unrealistically thinking we could get unlimited everything for 9.99 per month, or is it that companies are suddenly starting to rip off people?

As an end consumer it’s impossible to gauge what is a proper price for entertainment.

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BrianTheeBiscuiteer@lemmy.world
56 points

Netflix has been profitable since 2003. This is greed.

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TheGalacticVoid@lemm.ee
30 points

It’s probably the latter.

“Delivering shareholder value” has destroyed numerous companies, and I doubt it’ll stop soon.

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Kecessa@sh.itjust.works
24 points

It’s simple really

Is the boss a multimillionaire?

No: No problem

Yes: They’re charging more than they need to

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KazuyaDarklight@lemmy.world
23 points

As with many things, it really is likely a mixture of both. Very possible that 9.99 was unrealistically low, but the current streaming market and “inflation” smoke screening is also enabling some real squeezing of consumers.

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Lost_My_Mind@lemmy.world
12 points

Not me! I gave all these streaming assholes the boot years ago.

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conciselyverbose@sh.itjust.works
1 point

It was maybe too low for their awesome library they had at the start (though their initial pricing was still more than a lot of their customers spent in a year for movies/TV prior).

It’s criminally overpriced for their awful library now.

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