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submitted 2 years ago by [email protected] to c/[email protected]

Netflix Hints at Price Increases, Plans to Retire Basic Service Amid Ad-Tier Growth::Netflix says subscriptions to its ad-supported service grew by 70 percent in the fourth quarter of 2023.

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[-] [email protected] 81 points 2 years ago

18 billion yearly profit last I checked.

Not enough.

Never enough.

[-] [email protected] 5 points 2 years ago* (last edited 2 years ago)

I am a shareholder of Netflix. If they don't make more profit this year the stock will go down and I will lose money.

I use some of the income from my Netflix stock to pay for my Netflix subscription.

Edit: looks like I just made 12% since this announcement came out!

[-] [email protected] 57 points 2 years ago

True capitalism, the only thing that matters is if the stocks go up. More profits, all the time, or we call it a depression. Lol.

[-] [email protected] 45 points 2 years ago* (last edited 2 years ago)

I can't tell if you're trying to justify ever-increasing profits and screwing over customers.

Your profits from stocks are nobody's concern.

[-] [email protected] 31 points 2 years ago

Fuck everyone else, you got yours, right?

FOH

[-] [email protected] 12 points 2 years ago

I don't know if there could have been a comment that sums up the problem. To this person Netflix is no longer a product; it's not about the best content or the best experience anymore. It's about getting your buck.

Netflix used to have the best content online at the best price. It now has neither and I don't know how anyone still rationalizes subscribing.

[-] [email protected] 10 points 2 years ago
[-] [email protected] 5 points 2 years ago
[-] [email protected] 3 points 2 years ago

We're all super impressed.

this post was submitted on 24 Jan 2024
218 points (100.0% liked)

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