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Netflix is planning to raise prices… again
(www.theverge.com)
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this post was submitted on 03 Oct 2023
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They're not even slowly raising prices, they are very rapidly raising them. We've reinvented cable.
Last year Hulu went up $1, this year $3.
Which isnt so weird when you realise it's Disney.
Actually, cable didn't even raise prices this fast. We've, unsurprisingly to anyone familiar with capitalism, created something worse.
Perhaps they realized number of people that keeps paying versus number of people who cancel their subscription results in net positive revenue, so they are testing where the line is. All the while trying to fund some new content to get more people to come back.
I wouldn't doubt there's collusion. It's very convenient that none of these services are taking advantage of this and are seemingly raising all of their prices simultaneously.
Inflation and supply chain issues bro ;)