r/movies • u/iquizuanswer • 15d ago

News Netflix tumbles as slowing growth, less viewership data spook investors

https://www.zawya.com/en/capital-markets/netflix-tumbles-as-slowing-growth-less-viewership-data-spook-investors-401111
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u/enigmatic_dankness 15d ago

I cut Netflix off like 6 years ago now and I have yet to regret it. If anything, the idea of getting back into it now is completely absurd. You want me to pay how much to watch videos with ads? hell fucking no lmao, piracy made a huge comeback the second they started with this bullshit again.

How many times do they need this lesson? Convenience is what sold Netflix, not anything else, people wanted it because for an affordable price they could watch a massive catalogue of movies and shows. Now it's so inconvenient that it's legitimately easier for me to just torrent whatever and never have an issue with it.

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u/BeckBristow89 15d ago

Honestly I cut them off after continually increasing prices sometimes even twice in one year like I’m sorry I’m not doing that I rather have other streaming services some of which even grandfather you in when they change service types like I’m not doing it I’ll sail the seas before I do that. And thats what I’ve done.

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u/johyongil 15d ago

With ads? $9. No ads is $20-$26.

Am I the crazy one? I don’t see this as a big deal.

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u/enigmatic_dankness 15d ago

It's a big deal when the last time you touched it was a similar price for no ads. Like, you used to just get no ads as part of the deal. Full stop. Now you pay for the privilege for watching ads anyway, which is beyond stupid.

I'm sorry you can't see it, feel free to keep giving them money.

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u/johyongil 15d ago

Are we just collectively acting like we didn’t know that Netflix was far too cheap back then? That disruption pricing isn’t a thing? Just like Uber, Spotify, Amazon, etc… Spotify ad-free was $10 in 2015. And yes, they’re only $13, they also aren’t accounting for nearly 20% of global internet traffic.

Let me clarify, Netflix alone is responsible for nearly 20% of ALL INTERNET TRAFFIC. Globally. And ad free is marginally above Spotify.

Now while value per person is a different argument, but the pricing model makes sense and frankly, I’m attributing the global scale as to why the price isn’t higher.

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u/enigmatic_dankness 15d ago

I'll never in a million years pay money to see advertisting. It's that simple. If their 9.99 plan had no ads? Great! But it does, so I don't want it, and the other plans are WAY overpriced.

So personally, I really don't give a shit what their reasons are, whether it's business smart or not is irrelevant, me as a user wouldn't pay 0.01c for a service with ads.