this post was submitted on 10 Jun 2023
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Technology
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Hot take but I think ultimately this will work out for them. Nobody is going to cancel their sub over this, because whoever is paying isn't losing anything.
The people who lose access to the account might not sign up, but it doesn't exactly hurt Netflix if they don't, they weren't paying anyway.
I canceled mine at the beginning of the year. For me it represented a 5x increase in the cost of the platform. But I agree overall, it's probably a slight positive for them in the short term (I'm skeptical its worth losing mindshare in the long run).
I know of one friend group that's going to cancel, but that's just one paying user in the end. If anyone from the group is getting the subscription it'll already cancel out.
It was only a matter of time untill this happened. This will definitely be profitable for them in wealthy countries.