Netflix may hike prices after success of password-sharing crackdown::Netflix's crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday.

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[–] 130 points 2 years ago (2 children)

I already cancelled my account. Netflix is too expensive already. Why would I pay more?

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  • [–] 63 points 2 years ago (1 child)

    For real, their content isn't even that compelling of an argument to keep paying for it anymore, especially when we all know that if they did manage to make the first season of a show that ends up being good they'll just not renew it.

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  • [–] 29 points 2 years ago

    If they kick me off the account I am on I will finally be free of falling in love with a series just for them to cancel it after 1 amazing season.

    People talk shit about other streamers, but Netflix is by far the worst for this

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    [–] 85 points 2 years ago (2 children)

    And the enshittification continues..

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  • [–] 29 points 2 years ago (2 children)

    Horray for end stage capitalism

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    [–] 77 points 2 years ago

    $20/month for shit content. Dead to me.

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  • [–] 68 points 2 years ago

    There you go biting the hand that feeds you again

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  • [–] 66 points 2 years ago* (4 children)

    Wait, so their excuse for hiking prices before was that they were losing money because people were sharing their accounts, so they "had to" hike the prices for those who subscribed to "compensate" for that. Now that they succeeded in their crackdown on password-sharing, which means more subscribers in theory, they figured that they still need to hike prices again? Someone please show me the logic here?

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  • [–] 27 points 2 years ago (2 children)

    The logic is there is no other way to increase profits. Netflix has maxed out its subscriber base. They can only ‘grow’ by raising the rent, selling ads, and reducing production costs. They are doing all three. Netflix is not alone. The Great Enshittification is global.

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  • [–] 8 points 2 years ago

    It took a long time for enshittification of cable to make that industry collapse: hopefully this is another case where the internet greatly accelerates that feedback

    All my life I saw people (myself included) addicted to passively watching TV and we continued as things got worse and worse. However now they’re breaking the cycle, no more senseless loyalty, no more being a slave to some marketer’s schedule. I have much less interest in dealing with this than I used to, and my kids have never had the same addiction. Do streaming companies know or care that they’re sacrificing their future customer base?

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  • [–] 45 points 2 years ago
    [–] 40 points 2 years ago

    Didn't they just raise prices "due to the writers strike"?

    if they need to raise rates this much this often they are crap at forecasting and or (more likely) they are just full of shit and are just making up excuses to generate revenue after seeing how many people tolerated the password crackdown.

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  • [–] 40 points 2 years ago (6 children)

    Netflix, if you're paying any attention here, there will be no raising prices to drive me to the ad tier. Either the ad free version is worth it or I'll continue my life without Netflix. I'll never go back to the cable ad experience.

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    [–] 27 points 2 years ago (3 children)

    I'm ready to cancel. Their programming has been getting worse over time anyway.

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  • [–] 10 points 2 years ago

    Do it. I cancelled 2 weeks ago and haven't looked back. Netflix is filled with self referential, formulaic films, shows that had a good season 1 but got axed, and shows that sucked but somehow got the engagement metrics up enough to stick around. Occasionally there's a show that's good and stocks around, but ends up a stinker as the seasons progress.

    The only thing I miss is Korean dramas, but there's Viki for that.

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  • [–] 6 points 2 years ago

    I wake our account up for a month or two a year. They don't have enough quality content to justify a nonstop subscription and haven't since the great streaming market fracture like 5-6y ago.

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  • [+] 27 points 2 years ago* (last edited 2 years ago)
    [–] 27 points 2 years ago

    I am so surprised about this, who could have seen that coming /s

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  • [–] 27 points 2 years ago* (last edited 2 years ago) (3 children)

    People let them get the tip in, is it any surprise that they are going balls deep now?

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    [–] 25 points 2 years ago

    Say it ain't so! Who could have known?

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  • [–] 22 points 2 years ago (7 children)

    I've been a Netflix subscriber for a long time. The ease of use, the broad catalog of weird foreign films and shows, and the kid-friendly content have kept me on board after ditching Hulu, Disney+, and pretty much every other streaming service. And I have the disposable income to make the convenience worth it, even though I'm fully capable of, shall we say, sailing the high seas.

    If they do this, I'm dropping Netflix. It's just not worth it anymore.

    Netflix should take the departure of people like me as a canary in the coal mine. If I leave, then other long-term, formerly-happy customers will depart, too. This will be the start of a death spiral.

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    [–] 21 points 2 years ago

    May as well make it 100 per month. Bunch of greedy fucks 🤡

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  • [–] 19 points 2 years ago

    Netflix acting like they got content worth paying any amount of money for 🤣

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  • [–] 18 points 2 years ago

    How has HBO been consistently $15 a month for decades it seems, and now suddenly this model requires everyone to hike their prices to hell and back? I think I would be willing to believe that $15/mo is the magic number, except that everyone is rocketing past that now. Now it's just garbage corporations turning a quick buck for executives and shareholders, as subscribers we aren't getting any more for our money - there's no feature release or massive influx of content. What a shit system we have.

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  • [–] 15 points 2 years ago (1 child)

    There is little reason to keep any streaming service for more than a month per year. Sub, binge, cancel, move on.

    There's not enough worthwhile content on any of them to maintain an ongoing subscription.

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  • [–] 15 points 2 years ago* (last edited 2 years ago) (2 children)

    Mullvad VPN is 5 bucks a month

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    [–] 13 points 2 years ago

    chuckles in not paying and still accessing the same content

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  • [–] 12 points 2 years ago (2 children)

    I think they're overestimating their demand. I like them less now, and they may raise prices again? 🤔

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    [–] 11 points 2 years ago

    I don't know why, but I'm still able to use my parents' Netflix account. Maybe it's because I turned off automatic updates on my TV before the crackdown started.

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  • [–] 10 points 2 years ago (3 children)

    So I have to check because I haven't noticed this have, they actually implemented this crackdown for everyone everywhere, because I'm successfully sharing my Netflix password with my parents and nothing seems to have happened yet.

    The original plan was to keep going with Netflix until they actually shut down the account because I'm only really maintaining it for my parents, but Netflix have ruined it by not doing anything.

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    [+] 9 points 2 years ago* (last edited 5 months ago)
    [–] 8 points 2 years ago

    Urgh. The only people in our house who watch it are the kids for cake based reality shows and Lego animation. So as soon as they raise the prices it's getting cancelled.

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  • [–] 7 points 2 years ago

    NordVPN was $2.5 / month for a 2 year subs.

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  • [–] 6 points 2 years ago

    Fuck these capitalist fucks.

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  • [–] 6 points 2 years ago

    Only reason I have Netflix is the complimentary 1080p plan with my cell account at T-Mobile.

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  • [–] 6 points 2 years ago (1 child)

    I was about to cancel my Netflix when I saw that I’m grandfathered into $10/month for ad-free. The only thing I find worth watching there are K-Dramas these days and that’s roughly the cost of a Viki Rakuten account, so I’ve decided to keep it…for now.

    The second anything requires me to change from my current sub, that’s a wrap.

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    [–] 5 points 2 years ago (4 children)

    I re-subscribed to Netflix for the first time in about a year and a half a couple of months ago. After watching a few things periodically, I'm already lukewarm on the content. I just got an antenna so I can watch some local things (news, sports, etc.) and I'm not sure I'll bother with Netflix going forward. I see another cancellation looming in my future, and that'll only come faster if they decide to increase the price yet again. Most of the time I already feel like I'd rather be reading a book than watching TV.

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