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Netflix raising prices - Oh the huge manatee!

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SheHateMe said:
Since the price hike, I actually upgraded to the $11.99/m plan so 4 people could use the account at once. I was tired of my baby sister (she's 9) calling me all the time because she kept getting denied access to netflix because someone else was on.
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Same. Easier to pay a few bucks extra a month than deal with getting denied on streaming. And it's not like they doubled the price or anything...they've already saved me so much money per month by dropping cable that I'm not going to complain about a little extra cost to keep up with inflation. And as long as it helps fund Daredevil Season 3, I'll happily pay it 😀
 
Sonikku said:
It isn't Netflix's fault. These studios feel like they're entitled to more and more money for the same content and Netflix can only push back against the hikes for so long before they have to relent in contract renegotiations. Understandably that means raising sub fees. The sad thing they're making do with less and less content all the time, they simply would not be able to offer the staggering number of movies and shows they had years ago today with the same sub fees. They'd be paying millions more for the same content.
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Yup, I called this years ago (on this forum). Netflix was always destined to be a victim of its success. Their initial rates were the same rates Greyhound busses got, there is no way that was gonna last.

Plus it isn't all about money for the content creators, it's about control as well. There is almost no price Netflix can pay to replicate their library from 2012 because each content creator wants to cut the market into little paywalled gardens to maximize exposure to their new content. That is why in 2017 Netflix will lose old Treks and it will go to the shitty CBS app- they want Trek fans to be looking in that direction anyway when they put the new Trek series on there. Video companies don't want to get Spotified into music company's modern rates of pennies on the dollar, they want to keep control of distribution for as long as they can.

Netflix was smart, they saw the writing on the wall that by 2020 either people are coming to them for unique content or their business model was going to be dead. I don't know if they will have succeeding in doing the full switch by then, it seems a lot of people got used to the idea of a circa 2012 Netflix and its variety from that time period. But it was their only shot.

Amazon is the wild card, as Jeff seems to have his eyes set on Hollywood for the vanity of it (aka not profits). If Amazon and Netflix and the like can suck up all the good talent from the best cable and network programs maybe they have a chance for huge upside when demand for traditional (ie older) content drops as people literally die off.
 
They're pumping out quality original content and expanding their library daily.

$2 is less than I pay daily for a cup of coffee -- I think I'll be ok.
 
JM Aggie08 said:
They're pumping out quality original content and expanding their library daily.

$2 is less than I pay daily for a cup of coffee -- I think I'll be ok.
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over 2 bucks for a cup-a-coffee??

giphy.gif


this guy

😀
 
Apparently the price going up is being phased in based on how long you've subscribed - at this point I shouldn't expect to see an increase until mid-August if they get an email out to me soon.

Been subscribed for quite a while so may end up being grandfathered for most of the year. 😛
 
notposting said:
Apparently the price going up is being phased in based on how long you've subscribed - at this point I shouldn't expect to see an increase until mid-August if they get an email out to me soon.

Been subscribed for quite a while so may end up being grandfathered for most of the year. 😛
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They are doing it wrong then. Anyone in the cable industry knows you milk the shit out of loyal customers (aka "The Whales") because they have shown they will pay almost no matter what bullshit you sneak in the bill.

It is those pesky consumers who think for themselves that you have to give introductory prices to in order to rope them into the service in hopes that eventually when the introductory rate ends they will pay the "normal" rates rather than calling and bitching to get back to the lower rate.

:colbert:
 
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