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That's not the only reason to raise prices, or they wouldn't have raised them this year given they made a profit in 2021. Netflix's net income has been positive
by Macha 5y ago
That's not the only reason to raise prices, or they wouldn't have raised them this year given they made a profit in 2021. Netflix's net income has been positive for the last decade: https://www.macrotrends.net/stocks/charts/NFLX/netflix/net-income https://www.macrotrends.net/stocks/charts/NFLX/netflix/net-i...
It might be a better business _for the the business owners_ with less licensing fees due to less third party content and higher prices, but that's not the same as being better for the users.
- ThatPlayer 5y agoTheir net income is positive, but their free cash flow afterwards is pretty substantially negative until recently: https://www.macrotrends.net/stocks/charts/NFLX/netflix/free-cash-flow https://www.macrotrends.net/stocks/charts/NFLX/netflix/free-... It doesn't matter if it's better for the users if it is not sustainable. That's how you go out of business, which is no good for anyone.