this post was submitted on 24 Jan 2024
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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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[–] TheBat@lemmy.world 97 points 9 months ago (3 children)

Why not? They saw subscriber count go up after blocking shared accounts. Not like people give a shit.

[–] PerogiBoi@lemmy.ca 35 points 9 months ago

People on average will roll over and take most anything.

[–] Buffalox@lemmy.world 12 points 9 months ago

I predicted exactly this when they first announced cheaper subscriptions with ads. People were raving that they'd abandon Netflix, because of price hikes commercials and preventing unlimited shared accounts. I suppose some did, but more was added with the cheaper option. So 100% a gain for Netflix. I even considered buying stock in Netflix, but didn't in part because the stock market was pretty shaky at the time. But it would have been a decent investment.

[–] LodeMike@lemmy.today 1 points 9 months ago (1 children)

That actually false. They lost subscribers in the areas where the change took place

[–] TheBat@lemmy.world 3 points 9 months ago

Check numbers after a quarter or two. Many of them will be back.