This is a most excellent place for technology news and articles.
If Streamers were smart, they'd lock pricing and change it for new signups.
Their problem is numbers retention. People would hesitate to cancel if their $8 plan would have to be 15/month or more to restart.
Moving everyone up, just pushes people to cancel, and they'll be even more unlikely to come back if prices keep going up
It’s not like they don’t know what they’re doing. They studied all kinds of business strategies diurig their “International business studies” or whatever the fuck they did. The C-suite simply doesn’t care about long term retention, they want their bonuses for this year and the next. They know perfectly well they will be replaced in a few years time anyway, whether it’s because profits are not increasing as much as the shareholders want or whether the profits have gone up because of price raises, but down again because customers left.
But in the second scenario they will get a whole lot more bonuses than in the first. So this is what consumers get: enshittification.
That’s what Dropout does, and while I’m not likely to cancel anyway because I love their content, I’m even less likely knowing if I left and came back not would be on the higher sub price
I did not know that, but I just signed up a little over a month ago.
But yeah, even if I run out of their backlog, I'm probably going to keep that active anyways
Super weird it's basically College Humor legally, but they're doing a really good job.
Super weird it's basically College Humor legally, but they're doing a really good job.
Yeah, the transformation from College Humor to Dropout is honestly a masterclass in business (and marketing) management. I fully believe that it’s the kind of thing that college marketing majors will be writing papers on in the future.
It's a 2$ increase from 13$ to 15$. I feel like most people don't care and it's more of a boiled frog situation than anything else. I doubt anyone is seriously going to cancel for an extra 2$ unless they were already planning too tbh.
Also, don't most people mentally round that up anyways? $13 was already $15 as far as I was concerned, so, this is just raising it what what I basically thought I was already paying. If they raise it again though, it's going to $20 which is gonna be a tougher pill to swallow.
The problem is that everyone who wants a subscription probably already has one. New customers aren't born fast enough to keep up with line go up.
Most streamers at least have annual subscriptions at a discount. Netflix is month-to-month only, which is just asking for churn.
They're not trying to make a good product. They're trying to get their short term gains.
Normal capitalist bullshit where a handful of people (who probably don't even do any work) make decisions and keep almost all the profits.
That sounds like terrible economics when you have hundreds of millions of customers who will likely just accept it
The cost in electronic services is in acquisition; the nominal cost to deliver services to a paying subscriber is lower than acquiring a new one.
Yes you would flatten your margin with existing customers by not hiking their rates (or not as much) but pretending there won't be defection assumes near monopoly--which the US has permitted largely for the last 4 decades.
Cell phone companies made it super easy to leave by only offering good discounts to new customers.
Then you don't understand why long term reliable customers are better than intermittent ones...
Which means you don't know anything else about business, and are just going off vibes
I'm sure they tested it and found that enough customers would stay to make it profitable.
Consumers, especially Apple users, accept higher prices. It's baffling to me but true.
In 2014, Netflix was $8/month. It's now 12 years later and Netflix is $20/month.
Damn, I’ll have to keep not subscribing!
I'm not subscribing 20% harder.
I feel 20% less-subscribed (80% of 0 is 0)
In related news, piracy of AppleTV exclusives will go up by about 20%...
🏴☠️🏴☠️🏴☠️🏴☠️
Radarr, sonarr, prowlarr (with flaresolverr) and qbittorrent tied to a gluetun instance. Deploy jellyfin, and these rate increases instantly become irrelevant.
Flaresolverr was not working all that well for me. I switched to byparr and now I'm using trawl, which seems to fail less.
Sucks. Still my favorite streaming service because of all the high quality science fiction shows and no ad tier.
So far they haven’t cancelled any of the shows I’ve been super excited for either. It’s not like scamazon or netsux where they do a season and it’s awesome but oh, no! It isn’t #1 for a month on launch!… better cancel it.
It’s still just a billionaire owned company though and likely to do what everyone else does eventually. Can’t wait for the next thing to come along and nuke ads again.
streaming was never sustainable venture anyways. 8 episode for shows makes them forgettable.
The irony of the company world-famous for being over-priced having the streaming service which most justifies a price increase.
Yawns in Stremio
I’ll seed another 2 or 3 of their shows permanently now
Woof. I wasn't aware apple intelligence was that bad.
They are good but there is no easticity for me, the price increasing just makes me unsubscribe
Well one month a year maybe
Who can afford streaming?
me
but I choose not to pay for it anymore because the product is less convenient than alternative methods
That's strange, still $0 for me.
Oh well guess I'll continue using streamio until I can be bothered to set up my jellyfin & friends
