this post was submitted on 03 Oct 2023
1038 points (98.5% liked)
Technology
59219 readers
3235 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They're not even slowly raising prices, they are very rapidly raising them. We've reinvented cable.
Last year Hulu went up $1, this year $3.
Which isnt so weird when you realise it's Disney.
Perhaps they realized number of people that keeps paying versus number of people who cancel their subscription results in net positive revenue, so they are testing where the line is. All the while trying to fund some new content to get more people to come back.
I wouldn't doubt there's collusion. It's very convenient that none of these services are taking advantage of this and are seemingly raising all of their prices simultaneously.
Inflation and supply chain issues bro ;)
Actually, cable didn't even raise prices this fast. We've, unsurprisingly to anyone familiar with capitalism, created something worse.