Netflix kills Basic plan, making its cheapest ad-free tier $15.49
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I think you are seriously underestimating the size of paramount
https://en.wikipedia.org/wiki/Paramount_Global
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Here's the problem with that plan. Let's say Disney, Warners and Paramount can't make it in streaming, which (given the death of linear TV) is a huge chunk of their business and they have to sell to a competitor. Will it be Netflix? Nope, not as long as Amazon is in the streaming business. The ability to buy a Disney or an HBO might wake Apple or Google out of their torpor.
The tech companies might end up buying Hollywood and divvying it between them but Netflix is hardly the biggest and baddest tech company out there. I see them more as prey than predator.
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Netflix and the Hollywood studios are all minnows. The big sharks are Amazon, Apple and Google.
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That's a likely state of affairs in the next decade. After looking at all the people who rotate subscriptions, they'll stop honoring monthly subs and force people onto quarterlies at rates maybe $2 less than the cost of 3 individual months in the previous plan. Then they'll wait a couple years to make it semi-annual. Then eventually, probably after some more consolidation, it'll be annual contracts, take it or leave it.
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Not based on market valuation. Netflix $224 billion and Paramount $10.7 billion.
Paramount's biggest problem is that their NFL rights cost $2.1 billion a year which is 6 months operating income.
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It’s hard to imagine how Netflix is making money. I get weekly (which I discard) texts that my (nonexistent) Netflix account has been de=activated. (We sold our Netflix investment long ago.) /s
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How is it hard? they are the largest streaming service by a considerable margin and have some of the highest average revenue per subscriber numbers in all regions.
$1.49 billion net income on just under $8.2 billion revenue for the second quarter is pretty good to.
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Cancelled my subscription when PW sharing was blocked. Their value proposition was paper thin already and they decided to double down on the shite.
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The one characteristic of capitalism that stands out above all others is unbridled greed. It's shameful that this is the best economic model we can devise. Sigh.
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Apparently, they have been gaining since cracking down on password sharing and introducing the ad-tier.
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Amazon already made a move, and bought MGM.
Buying a second studio may be "Troublesome" from a regulatory point of view. More so given the hostility that many govts are showing to them as of late.
Having said that, if Disney (owners of ABC and ESPN) was able to buy Fox (both TV and studio, sans sports and news), anything is possible I guess...
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The moment I see an ad in my Standard Plan is the moment I cancel my subscription ... this is not negociable.
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They should have allowed people to sign up for the $9.99 for a short period of time. I might have done it and they would have gotten $120 a year from me. Now I will just stick with the alternate services and only pay for Netflix two months a year.
Of course I'm sure Netflix (and every other service) is working on a plan to prevent people from service hopping...
Of course I'm sure Netflix (and every other service) is working on a plan to prevent people from service hopping...
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Do you think they thought people watched the commercials during linear broadcasts?
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The problem is the consistent expectation of ongoing growth, year on year. It's not enough for a company, especially a publicly traded company, to be profitable - they have to keep growing. And that's just not sustainable. The market is way more fragmented than it was ten years ago, because all the big studios decided they wanted a bigger slice of the cake, and started their own streaming services. And Netflix has reached the zenith in terms of its subscriber base, now it's all about wringing more money out of those people.
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Justwatch.com seems to work for anything non-anime related. Anime is very hit and miss.
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FYI, I just switched from $15.99 to $9.99 plan and it worked fine for existing user...
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I think there was a time when they did. Commercial breaks used to be shorter, and there weren’t so many in one program. And you couldn’t pause the TV in those days.
Personally I’d like to see a return to single sponsor programming. Like “Abbott Elementary is proudly brought to you by Sears”. Hell, even bring back the little skits stars of a program used to do as part of the paid promotion.
I’m also amazed product placement didn’t work out for daytime soap operas. That used to be the whole point of their existence.
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Fuzzypiggy
Ars Scholae Palatinae
Wouldn't be so bad if Netflix had a decent library but I've spend countless times scrolling and finding nothing I want to watch, going back to my DVDs and wondering why the hell I bother giving NF money in the first place! My daughter is at college so she's on the extra external member slot, once she's home from college and working she can chip in and pay or it gets cancelled as i certainly can live without it.
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I give it 3 months until the ad based plan is $9.99. They’re set on pushing this as hard as possible and that’s the next logical step.
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It’s just a matter of cost. I’m not going to pay for anything with ads. I’m not going to pay 50% more for the basic plan. I got prime video because I wanted free Amazon deliveries anyway; if Netflix wants more money it will be prime only.
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I bloody well hope that ads work. I hope they work spectacularly.
Because if ads don't work, how can we explain the industrialized world's addiction to going into serious debt to buy so fucking much environment-killing useless throwaway shit that no one needs?
I'd rather believe that we are largely helpless slaves to evil marketing masterminds than think the entire species is made up of nothing but voluntarily psychopathic morons.
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Quite a few decent animated comedies: Disenchantment, Love Death & Robots (not comedy I guess), Agent Elvis, Chicago Party Aunt... Tastes may vary, I suppose.
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Netflix’s “password sharing” restrictions made me cancel my subscription after being a customer non-stop from ~2005.
Let’s say you go on a trip and want to use a device to stream Netflix. There are now a few factors that force legit customers to have to pay to use the service away from home.
* I’ve been to a few BnB’s where the TV has a Guest Mode and allows me to sign into my services and use them without having to AirPlay or otherwise find a way to connect my own device. You will now need to pay $7.99 to make that BnB a “member” to watch the content you already pay for.
* I don’t always realize ahead of time that I’ll have time to watch content while away from home. I often have to login again because it’s so far between times where I need to use my phone/tablet for Netflix. If you do not plan ahead and login once every 30 days on every possible device you might use, then when you are away from home and haven’t checked in that device, you will have to pay $7.99 for a new “member” to use the service you already pay for.
I also have a huge gripe in that Netflix has always limited the number of simultaneous streams. The highest tier allows 4 devices to play content from the same account at the same time. There’s the limiter. That’s how you control sharing. Adding all the location bullshit was completely unnecessary.
Let’s pretend they care about your security and are concerned about people sharing passwords… Okay. Why not just let each profile have their own login that goes to the shared account? That makes a lot more sense and they essentially did this but through the $7.99/mth per member fee.
It shouldn’t matter where the streams come from as long as you’re within that limit. Why does that limit even exist any more? Maybe they’re trying to phase it out, but it’s still in their features list so…
Netflix wants to treat me like a pirate because I want to save my young adult children money by allowing them to use 1 or 2 of my available streams. So I decided that’s what I’ll be. I cancelled my subscription and I’ll find other ways to watch their content.
Like an all-you-can-eat restaurant that won't let you bring your friends along?
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Yeah. Saw a lot of identical claims regarding the demise of subscription sharing.
Meanwhile, Netflix has added 5.9 million subscribers since enforcing its ban on password sharing, against a 1 million subscriber loss the previous year.
You'll do whatever it is you do. But for the most part, this latest change will likely also be a positive for Netflix.
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Meanwhile, 5.9 million other people signed up for new subscriptions since PW sharing was blocked, a significant gain over the 1 million lost the previous year.
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Like I’ve already paid for 4 meals, but Netflix will only let me eat one unless I pay $7.99 for each of the other 3 plates I already paid for with my original purchase.
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I wonder what this will do to mobile service providers that offer the basic plan for free as a perk. I'm guessing they will downgrade this perk to the ad-supported tier.
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No, you paid for all YOU can eat... not what you and several other people can eat.
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Either Netflix allows them to keep offeringthe basic plan (the special telco plan), They move the offer to "Standard with ads" and disclose the presence of the ads in the small print, or move to a competing service. I am certain that those carriers will not swallow the price increase out of the goodness of their hearts
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Well Netflix has been faltering in terms of licenses content for a while, but recently they've had enough good stuff that it actually makes it worth subscribing (Glass Onion, Arcane, Puss in Boots:The Last Wish).
I dropped out for a long time because of the high price and low quality original content (too trashy, not enough family-friendly shows) but with the ad-supported tier I can afford it.
It is somewhat ironic that when all these "revolutionary" services finally settle down and start making a profit, they are basically broadcast TV and cable TV with you being able to choose when you watch content. And by that I mean, you either get commercials poor service you can afford or a "premium" channel with a high price.
I dropped out for a long time because of the high price and low quality original content (too trashy, not enough family-friendly shows) but with the ad-supported tier I can afford it.
It is somewhat ironic that when all these "revolutionary" services finally settle down and start making a profit, they are basically broadcast TV and cable TV with you being able to choose when you watch content. And by that I mean, you either get commercials poor service you can afford or a "premium" channel with a high price.
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Honestly, I'd see Google as the most likely suitor. Google really doesn't have an answer to Prime Video or Apple TV+ at this point. YouTube Red didn't light the world on fire (and their best series ended up moving to Netflix), and YouTube TV is just cable TV all over again.
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Part of the problem is the algorithm which kinda sucks at predicting what you want to see for a lot of people (it ignores if you like family content, retro content, indie content, and keeps trying to push you to horror, adult-content, Netflix sponsored content). The other part of the problem is there's no function to HIDE things you don't like, and your list heavily weights the last thing you added, ignoring the first things you added.
So the most recent things you watched keep cycling over and over again, and promoted content in genres you despise (I hate horror content and don't EVER want to see it even promoted) keeps being pushed in your face.
If Netflix were about serving their customers instead of self-promotion a lot of people would be a lot happier.
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