this post was submitted on 03 Dec 2023
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If you ask me, I'd say that's exactly why they won't rise further, or much further. They're measuring all of this before and after they take action, and if the price increase sees a trend line go in the wrong direction, it'll be a while before they bump it again. I wasn't angry at Netflix for raising their prices such that you could call it a backlash; it just became too expensive to justify having it around when there isn't anything I know I want to watch on it.
Netflix also made a killing by creating the ad-supported tier, because the ads more than cover the cost of lowering the subscription. My folks pay for Netflix with ads but you can block them with a DNS sink like AdGuard or a Pi-Hole.
I think it's a scam honestly. Netflix's library has shrunk with all the other streaming services coming into the market. It was convenient when it was the only game in town but now it's just one of a dozen services feeling more like cable than streaming.
I just saw an article where Apple TV+ was going to bundle with Paramount+ for a lower rate.