this post was submitted on 18 Oct 2023
441 points (96.4% liked)

Technology

59123 readers
2973 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 1 year ago
MODERATORS
 

Get ready to pay more for Netflix’s priciest plan.

Subscribers to Netflix’s Basic and Premium plans will be paying more, with prices rising to $11.99 and $22.99 per month in the US.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 9 points 1 year ago* (last edited 1 year ago)

I think the issue is that Netflix always had a lot of debt and thought they could grow a lot more. They had a really solid income, then suddenly their catalog was shrinking thanks to the million other streaming services while they simultaneously started declining in subscriptions right when the cost of debt skyrocketed (even if some of their debt is still at lower rates).

Not that I'm cheering on the price increase by any means, nor am I currently a subscriber. Still though in some way I can see why they're doing it and have a feeling we're just at the tip of the iceberg in how bad tech corporate services are going to get for a bit.

On an unrelated note, VPNs and/or I2P are cool things to check out.

Edit: One thing too to bring up is that password sharing may still be a breeze. If you set up a VPN - not a commercial one but you setup yourseld on either on a VPS or on your home network - as long as anybody is on it they'll look like they're from the same household.