Netflix kills Basic plan, making its cheapest ad-free tier $15.49

If you already have the $9.99 Basic plan, you can keep it.

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Apparently Netflix has not shed enough subscribers.

 

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I have no problems with ads on Hulu, so it depends on how Netflix implements them, but the "limited library" thing turns me off.

 

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Good news then! they gained 5.9 million subscribers worldwide in the quarter for 238 million worldwide subscribers! Even the US increased by over 1 million subscribers.

Sounds like you approve of consumer-unfriendly practices.

If they are counting on people not paying attention to their autopaid charges, then this move makes sense. Last time they raised prices, they lost a significant number of subscribers. There are a lot of options now in the streaming space.

 

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why is that unfortunate?

He was referring to it being unfortunate to my earlier point; we will see what impact these increases will have on their trajectory.

 

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Apparently, they have been gaining since cracking down on password sharing and introducing the ad-tier.

And now have raised prices on those accepting and excusing this action.

 

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Same with Reddit.

Despite the perceived public resentment, internet companies want to lose unprofitable customers. Delivering the service isn't free, and while losing users looks bad on the surface, the profitability goes way up if they generated little or no revenue while costing the business money to deliver service.

Until paying customers bounce, nothing changes.

Raising prices is a good way to shed paying customers, also, along with discouraging new sign-ups. I was ready to give it a whack to catch up on shows, but then this little turd dropped into the punch bowl. Netflix was founded because a guy was grumpy with silly rewind and late charges from Blockbuster. They may want to look in a mirror.