And yet, they got 13 million new subscribers last 3 months
Why can’t people live without Netflix? Don’t they have a job, a family, OR a hobby?
I am honestly confused…
Movies and TV are some peoples’ hobbies. I have a co-worker who used to spend $300/mo on a cable bill because she had all the movie channels and stuff. She watched tons of movies and shows. At first I thought she was weird for watching so much TV, but then I thought about how much gaming I do, and realized “Oh, that’s just her hobby like gaming is mine.” Granted, I’m not spending $300/mo on gaming, but people do tend to spend money on hobbies. Sometimes even more than $300/mo.
Anyway, I’ve been letting her use my Netflix account – surprisingly neither of us have seen anything from Netflix about it – for the last several years. She recently (finally) got a Smart TV so she cancelled her crazy-ass cable package and I think pays for YouTube TV now. I’m sure she’s watching just as much as TV and movies as ever, but at least she’s saving some money.
Uh that makes sense. I guess my original comment is more out of jealousy: I have so many movies that I want to watch, but I have never find the time and energy to do so. After work, dinner, chat, duolingo, and lunch prep for my wife, I barely find any time during my night, and it is kind of frustrating for me.
Last year, I have only finished like less than 5 from like 50 titles.
I am glad people are enjoying their hobby. I personally would not be on Netflix anymore as most of the movie I want to watch is not on there, but I can now kind of see it might be worth it for others.
It also surprises me that this large amount of the population takes movie and TV as a hobby.
You might let her know that she can borrow DVDs from the public library at no cost. Another little-known gratis option is freesat and terrestrial broadcast. I recently started using MythTV as a PVR to record broadcast TV and was pleasantly surprised to find no commercial interruptions (but if there are commercials in her region, MythTV can cut them out).
I think of it like those people are subsidizing my free content.
If no one subscribes, we don’t get Love, Death and Robots season 3 4!
What they don’t advertise is how many of those “new” subscribers are actually from their “emerging” markets such as India, where a subscription price is peanuts. Also, im fairly certain these numbers are intentionally skewed to paint a better picture as they lump in all the “free” accounts people get with their other subscriptions.
I get Paramount+ free with Walmart+. I get Hulu/Netflix/AppleTV with Tmobile Mobile. I get Max with ATT Fiber.
I’m sure that these streaming companies have more new subscribers when they literally give it away and simultaneously strangling their existing consumers. It’s more of a question of how long is it sustainable for them to raise prices every time they’re not going to have a record quarter.
