this post was submitted on 24 Jan 2024
216 points (98.6% liked)

Technology

60039 readers
2747 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
216
Netflix Hints at Price Increases, Plans to Retire Basic Service Amid Ad-Tier Growth (www.hollywoodreporter.com)
submitted 11 months ago by [email protected] to c/[email protected]
67 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 12 points 11 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.