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Wait, not like that
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this post was submitted on 14 Nov 2023
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Didn’t Netflix just have a massive earnings call recently? 25% increase in stock in 1 month after raising prices and cracking down on account sharing.
I’m a pirate, and don’t subscribe to any of these services, btw.
I have been a Netflix subscriber since 2004 and just canceled it today. I had their Ultra plan for many years but I just can’t justify it anymore. Pirating is now more convenient and I don’t have to worry about not being able to watch it when I want to.
I have a theory that the password crackdowns caused some people to cancel, but not for the reason you think. I posit that for some people, the only reason they subscribed is because they were sharing it with family and friends. Therefore, if they can't share the subscription, what's the point in subscribing?
"I would cancel, but my mum likes to watch it and I set it up on her smart tv" -so many people I know