The streamer has already phased out the cheapest ad-free subscription option for new signups.

Netflix Hints at Price Increases, Plans to Retire Basic Service Amid Ad-Tier Growth::Netflix says subscriptions to its ad-supported service grew by 70 percent in the fourth quarter of 2023.

  • rando895@lemmy.mlEnglish
    46·
    11 months ago

    What I find interesting is it seems like we are again converging on the same service as cable. Which suggests that the best method of profiting off watching movies/tv at home is to have ad supported entertainment, with a monthly fee.

    Once again, the profit motive ruins something good .

    • nodsocket@lemmy.worldEnglish
      01·
      11 months ago

      I am a shareholder of Netflix. If they don’t make more profit this year the stock will go down and I will lose money.

      I use some of the income from my Netflix stock to pay for my Netflix subscription.

      Edit: looks like I just made 12% since this announcement came out!

  • Vertelleus@sh.itjust.worksEnglish
    8·
    11 months ago

    I only had Netflix because it was free included with my T-Maybe account. They are switching it to the ad supported tier today as base, and a user has to pay extra for the non-ad supported tiers.

    My plan going forward is to watch the first episode with ads and if I like it I’ll search the high seas for the rest.

    The enshitification continues.

    • root@lemmy.zipEnglish
      5·
      11 months ago

      Once they changed it to paying that like $1 extra for the plan, I noped off TMobile. No use for it anymore when Google Fi is way cheaper for just 2 people. I just pirated everything anyways even when we had the subscription

  • octopus_ink@lemmy.mlEnglish
    4·
    11 months ago

    We’ve really been weighing whether we use Netflix enough to justify the cost lately. Don’t push us, Netflix.

  • r00ty@kbin.life
    2·
    11 months ago

    Hahaha. If they remove the “basic” which I believe is standard since that’s the lowest I see. Only leaving the Premium option then I’m afraid I’m going to pull a full dragon’s den.

    I really did like Netflix, but they’re just getting greedy and trying to extract blood from stone now. And for that reason, I’ll be out should they remove the standard tier.

  • Tier 1 Build-A-Bear 🧸@lemmy.worldEnglish
    2·
    11 months ago

    Isn’t this like actually the 5th or 6th price hike in the last year? I already cancelled Netflix when they cracked down on password sharing but this just feels like they’re trying to lose customers

    • essteeyou@lemmy.worldEnglish
      01·
      11 months ago

      If everyone learned to “use the internet” and stopped paying then there would be nothing to pay for because nobody works for free.

  • fubarx@lemmy.mlEnglish
    14·
    11 months ago

    Noticed we haven’t watched anything on it in a while. Was about to cancel it and then saw the ad for The Last Airbender live action, coming end of February.

    If they drop the whole season, will binge-watch, then cancel.