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Netflix adds 9M new subscribers as it cracks down on password-sharing
- tommica 3y agoSeems like they made a lucrative decision with the crackdown.
- shepherdcouncil 3y agoThey really helped their cause with their execution on workflow. It was trivial for both me and for my 77 yo mother-in-law to migrate her profile to a side account.
- koromak 3y agoI had trouble migrating my family actually. The old account owners couldn't accept the request to join my account as a side profile, because their profile already "existed". Even though we had canceled them. Waiting until the billing period ended resolved it, but it was definitely not smooth. Waiting 2+ weeks isn't a good policy.
- notrlyskeptik 3y ago[dead]
- hardware2win 3y agoInfinite growth is real!
- SoullessSilent 3y agoThe addiction is real.
- gumballindie 3y agoMeanwhile i cancelled mine because of template content. It’s become a garbage content platform. Fortunately i own all my star treks on dvd - the only content i would have missed.
- kwanbix 3y agoWhat can I say, my kids love netflix, and we watch many shows there (virgin river, the recruit, the diplomat, lupin, kim's convenience, etc.).
- rafamvc 3y agoKim's convenience is amazing
- syncbehind 3y agoIt really is. It handles father-son struggles really well. There's a few episodes I have to skip because I can't deal with that dynamic (too similar to my own). Great mix of humor and serious issues- very wholesome.
- kwanbix 3y agoIt is really great.
- pcurve 3y agoI like Netflix enough but when they announced the price hike recently i didn’t like them enough to continue to pay. So I cancelled too.
- toasted-subs 3y agoGood on them, it was nice they let it go on for this long. Now they have to compete with Disney I am not surprised they are tightening their reigns.
- benj111 3y agoi dont see why having to compete with disney == higher fees (effectively). surely competition 'should' lead to lower fees.
- crazygringo 3y agoBecause they need to put out even more expensive content to compete with Disney's expensive content. Netflix and Disney aren't competing so much on price, as much as desirable content divided by price. In other words, they're competing on value (as well as certain must-see exclusives). And it is extremely non-obvious what the right balance of premium content and price is, and it changes depending on what your competitors are doing. Entertainment is not a sector of the economy where prices come down over time relative to income, the way food and consumer products have.
- rcarr 3y ago> Entertainment is not a sector of the economy where prices come down over time relative to income, the way food and consumer products have Not necessarily true. AI is poised to upend the industry entirely. You don't even need to wait that long though - have a look at how they've replaced green screen and on-location shooting in the mandalorian with computer generated sets and a gigantic curved monitor the actors stand in front of. That saves them a ton of money compared to taking a whole film crew out on location.
- tyingq 3y agoIf you zoom out, it's less impressive. It did restore at least a one-time upstep in a pattern where they had hit a plateau. It's unclear if that helps more than just once. https://www.statista.com/statistics/250934/quarterly-number-of-netflix-streaming-subscribers-worldwide/ https://www.statista.com/statistics/250934/quarterly-number-... (only shows through Q2/23, but shows the pre-2020 history they are trying to get back to) They also mention a big shift from ad-free to ad-supported. Though they don't mention if those are equal from a revenue perspective or not.
- brianwawok 3y agoWhat % of the earth do they need to have as customers to be a successful business? It sure seems like to me they have already hit it. Now it's just balance product cost vs price to maximize profit without losing too many users.
- tyingq 3y agoYeah, I did mean "less impressive" in the very narrow scope of "what did the crackdown on shared accounts do for them?"
- lillecarl 3y agoStremio is a pretty decent Netflix competitor. Runs on Windows, Mac, Linux, Android, Android TV. 5$ a month for a VPN and you're golden.
- deleted 3y ago[deleted]
- Yeul 3y agoNo it isn't. Every TV comes pre installed with Netflix. It's so easy to sign up my 67 year old mother can do it.
- ravenstine 3y agoSo what if an elderly person can use Netflix? That doesn't mean another service isn't a decent competitor if it isn't tailored for the widest possible audience.
- peoplefromibiza 3y ago> It's so easy to sign up my 67 year old mother can do it this narrative that a 65 years old person is so stupid that unless things are really easy and dumbed down, it's impossible for them to do anything, must die! Old people have done a lot of things a lot more complex than signing up for Netflix. Which is a process unreasonably complicated, not complex. Anyway, Stremio just works.
- circuit10 3y agoIn my experience old people do tend to struggle a lot with technology, I’m sure a lot don’t but it is quite common
- BeefWellington 3y agoIf someone is 67, home computing has been a thing for likely over 1/3 of their lives (depending on geography). Kind of a terrible take to treat 67 as "old" in this regard.
- seydor 3y agoBut can it add more?
- kat_rebelo 3y agothis reeks of being a win for the pencil pushers at netflix who needed to turn around the slowly growing exodus from their platform on paper. i would guess that this will only be a one time boost as some people will have to get their own accounts. it seems like those people have already just done that. it does nothing to address why there has been a slowly building exit from their platform... they have prioritized creating and promoting their own mostly-mediocre branded content instead of retaining licensing deals on movies and series people actually want to watch. all of this, while also continually raising rates.