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Netflix Hints at Price Increases, Plans to Retire Basic Service Amid Ad-Tier Growth (www.hollywoodreporter.com)

submitted 9 months ago by [email protected] to c/[email protected]

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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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[–] [email protected] 53 points 9 months ago

What I find interesting is it seems like we are again converging on the same service as cable. Which suggests that the best method of profiting off watching movies/tv at home is to have ad supported entertainment, with a monthly fee.

Once again, the profit motive ruins something good .