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i see the thread is full of people predicting that this is going to be a bad decision for netflix, because they personally cancelled their accounts or are going

i see the thread is full of people predicting that this is going to be a bad decision for netflix, because they personally cancelled their accounts or are going to. and i cancelled my netflix account too - recent changes to pricing and policies made me re-assess whether it was worth it for me, and i decided it wasnt'. but it's always good to remember that our own actions aren't necessarily the same as everybody else's. netflix has been rolling this out in a slow and cautious way across their territories, surely monitoring the impact, and decided to continue. and earnings are up, they've beaten or at least met projections the last couple quarters. whatever they're doing seems to be working.

BonoboIO 3y ago
Netflix got a lot of competition lately. I can not even name all the streaming platforms: HBO, peacock, paramount, Hulu, Disney, Apple ... Netflix sees themselves as a tech company with flashy servers toys, but they are in the media business. If their content is subpar, the best engineering will not fix it. They have 80% saturation in US households, no real path to growth here. Investors like to see more revenue ... so they try this. I think a paying costumer with shared passwords is better than, no customer at all. Why pay more, when I can share my passwords on [insert other streaming platform] with my buddies.
- lotsofpulp 3y ago
  >HBO, peacock, paramount, Hulu, Disney, Apple ... I think that is basically it except for Amazon and Netflix. And Hulu is also owned by Disney. And Starz I guess.