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submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

Netflix confirms it’s cutting off Apple billing for grandfathered subscribers::Netflix legacy subscribers who’ve been paying through Apple’s payments system will now have to switch to paying Netflix directly.

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[-] FooBarrington@lemmy.world 30 points 9 months ago

Apple taking 30% of some subscriptions makes Netflix even more expensive for everyone.

[-] dojan@lemmy.world 30 points 9 months ago

Netflix has no problem raising the prices for everyone regardless. Let's not pretend that Netflix is a good company, they've been shittifying their service for years now.

[-] FooBarrington@lemmy.world 17 points 9 months ago

I didn't imply they are a good company - but that's simply how prices work. If the revenue for some customers is smaller, either those customers will have to pay more, or (if they're not allowed to specifically increase prices for that group, as is the case here) all customers will have to pay more.

[-] taanegl@lemmy.world 3 points 9 months ago

Is there any reason why you're being anti-consumer and anti-user by being facetious, or was that just a bit of contrarian pretention?

[-] ThirdWorldOrder@lemm.ee 4 points 9 months ago* (last edited 9 months ago)

Is there a reason you’re being a sesquipedalian? Netflix profits are up over 50% since the start of the year - and this is with Apple taking their piece of the pie.

Do you think Netflix will lower their prices after they remove legacy pricing from the Apple Store? I own Netflix stock, so by all means, blame Apple.

[-] dojan@lemmy.world 4 points 9 months ago

No I'm actually extremely pro consumer; stop supporting abusive companies and go find alternative means of obtaining whatever it is you want to watch.

[-] taanegl@lemmy.world 0 points 9 months ago

"I'm want Apple to keep it's walled garden to spite the publishers".

That's you. Yes, it does sound that dumb.

[-] ThirdWorldOrder@lemm.ee 2 points 9 months ago

That’s a disingenuous statement. You could always subscribe to Netflix outside of Apple.

Apple isn’t the only only digital store that charges fees. Don’t hear anyone bitching about Steam.

[-] Jakdracula@lemmy.world 17 points 9 months ago

lol, wut? You actually believe that Netflix would charge _less_if Apple wasn’t in the picture? Wow.

[-] Passerby6497@lemmy.world 5 points 9 months ago

You really don't think prices are affected by a middleman taking 30% of the price you charge??

[-] Jakdracula@lemmy.world 12 points 9 months ago

Pricing is only effected by the willingness of the consumer. That’s all.
If you’re willing to pay $100 a month, Netflix will charge $100 a month.

[-] Passerby6497@lemmy.world 3 points 9 months ago

Yes, only the willingness of the consumer. And also profits required by investors and shareholders. And the ability to supply the product and the required ongoing costs. And the costs of licensing.

But yeah, only the willingness of the consumer affects prices. Yep. Losing money that the consumer is willing to pay to a middleman wouldn't have any affect on long term pricing.

[-] Jakdracula@lemmy.world 0 points 9 months ago

Nope.

If a consumer is unwilling to pay the price, then none of the other stuff matters. It’s very simple to understand - in order for a company to be profitable after expenses, such as product development, whatever ongoing cost, etc. - if the consumer is unwilling to pay the price for the product or service, than there is no business. It is up to the business to find a way to run their company for a profit.

[-] FooBarrington@lemmy.world 1 points 9 months ago

My guy. Prices are based on the costs and the profit. Higher costs means higher prices, because companies maximize their profit.

this post was submitted on 27 Feb 2024
194 points (98.5% liked)

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