this post was submitted on 22 Sep 2024
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I know you weren't using the number 5 as a hard example, but a thing that people still don't seem to realize is that the people in threads like this are the people that actually care. Even if the few thousand redditors who subscribe to a subreddit where they discussed that topic were to all (and I mean 100% of them) cancel there subscriptions. That is still only a drop in the bucket for Netflix. Losing a few thousand subscribers is still nothing if they made more money with the addition of ads.
these are also the people who would pay more for quality service if it was available.
It is interesting to me that the chorus always talking about "switching" to piracy after every incident is also intimately familiar with piracy already. Almost as if it's just people who already pirate talking to each other about how hard they are going to pirate. Meanwhile general audiences don't care.
this isn't quite true, we have seen an uptick in piracy over the last few years from the streaming service hyper diversion thats been happening for some time now.
It's probably not a lot of people, but it is still happening.
It's the same with increasing the price of a service. Usually, the extra revenue from the price increase is far greater than the revenue loss from people that unsubscribe. If a business has a choice between a large number of customers with a small amount of profit per customer, and a small number of customers with a larger amount of profit per customer, they'll always pick the latter. Fewer customers reduces other costs, for example less support load, less bandwidth usage, etc.