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.

    • 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
    1·
    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.

  • rando895@lemmy.mlEnglish
    1·
    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 .

    • 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.