Netflix's crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday.

Netflix may hike prices after success of password-sharing crackdown::Netflix’s crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday.

  • @iMike@lemmy.worldEnglish
    1•2 years ago

    They just increased Turkish accounts prices, I’ll be paying £6 now instead of £3 for the top tier account

      • @Da_Boom@iusearchlinux.fyiEnglish
        12•2 years ago

        It’s the sort of model that works untill it doesn’t.

        And the metric to know how well it works is piracy. Because Netflix don’t release numbers for subscription cancellations. The more piracy goes up, the more people can be said to be leaving the paid subscription streaming service.

        Piracy, it’s a service issue.

        After we return back to pre-netflix-heyday piracy levels, all streaming services will slowly be relegated to the same status cable companies occupy today.

  • @Ibex0@lemmy.worldEnglish
    11•2 years ago

    I think they’re overestimating their demand. I like them less now, and they may raise prices again? 🤔

    • kratoz29English
      2•2 years ago

      Maybe it is because the few ppl who left that they are willing to keep raising the prices?

    • @dhtseany@lemmy.mlEnglish
      62•2 years ago

      For real, their content isn’t even that compelling of an argument to keep paying for it anymore, especially when we all know that if they did manage to make the first season of a show that ends up being good they’ll just not renew it.

      • @Sunroc@lemmy.worldEnglish
        29•2 years ago

        If they kick me off the account I am on I will finally be free of falling in love with a series just for them to cancel it after 1 amazing season.

        People talk shit about other streamers, but Netflix is by far the worst for this

  • @ropegirth@lemmynsfw.comEnglish
    2•2 years ago

    I subscribe for like one month a year if stuff I like has accumulated. It’s not worth more, I bet one moth will soon be $150, or “premium content” will only be available to long term subscribers.

  • @kent_eh@lemmy.caEnglish
    15•2 years ago

    There is little reason to keep any streaming service for more than a month per year. Sub, binge, cancel, move on.

    There’s not enough worthwhile content on any of them to maintain an ongoing subscription.

  • AutoTL;DRBEnglish
    4•2 years ago

    This is the best summary I could come up with:

    Oct 16 (Reuters) - Netflix’s (NFLX.O) crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday.

    The only profitable major streamer, Netflix has resisted joining rivals like Walt Disney (DIS.N) in hiking ad-free prices this year and instead curbed password-sharing outside households to tap the more than 100 million viewers who use its service without subscribing.

    Five months after calling a strike that plunged Hollywood into turmoil, the Writers Guild of America (WGA) last week approved a new contract with major studios.

    After a slow start for the ad plan launched last year, analysts said they expect Netflix will raise prices of its ad-free options in the coming months to nudge more subscribers to the other tier, where commercials help bring in more revenue per user.

    “Using these tactics, Netflix will likely double its ad-supported viewership next year,” said Insider Intelligence analyst Ross Benes.

    Overall, Wall Street expects the streamer to post its strongest quarterly subscriber additions this year, according to LSEG data.

    The original article contains 362 words, the summary contains 186 words. Saved 49%. I’m a bot and I’m open source!

  • the post of tom joadEnglish
    27•2 years ago

    Pretty happy i dumped these guys. Now every time Netflix News hits i get to revel in my decision instead of being anger at being fleeced.

    Piracy has only gotten easier so…

  • Grammaton ClericEnglish
    20•2 years ago

    Netflix acting like they got content worth paying any amount of money for 🤣