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Netflix is starting to raise prices in some countries as growth spurred by its crackdown on password sharing starts to fade.

The film and TV streaming giant said it had already lifted subscription fees in Japan and parts of Europe as well as the Middle East and Africa over the last month.

Changes in Italy and Spain are now being rolled-out.

In its latest results, Netflix announced that it had added 5.1 million subscribers between July and September - ahead of forecasts but the smallest gain in more than a year.

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[-] Jagothaciv@kbin.earth 12 points 2 days ago

The for profit model was probably created by idiots. Just because something like the market and economy are complex doesn’t mean it was put together by smart people.

Capitalism is cannibalism. Cannibalism of resources, of your job, of your society.

Idiots put the system together and idiots are holding it together.

[-] CanadaPlus@lemmy.sdf.org 4 points 2 days ago

Yeah, but I've yet to see a detailed alternate proposal. When people talk about anarchism it gets really handwavy really fast, and the other kind of socialism has history of being vapourware.

[-] MadhuGururajan@programming.dev 1 points 15 hours ago

What kind of details can you not fathom in a functioning sustainable system? It shouldn't be more difficult than "more! MORE AT THE EXPENSE OF EVERYBODY ELSE!"

[-] DdCno1@beehaw.org 2 points 1 day ago
[-] CanadaPlus@lemmy.sdf.org 1 points 1 day ago* (last edited 1 day ago)

No, vapourware. If their thing worked but also had remote prisons this would be a totally different (and ethically abstract) conversation, so that's not the important detail.

In practice, their thing didn't work, and still ran on market-style money transactions, albeit with multiple currencies and a lot of random red tape. And then a huge unofficial market cropped up as well to close the gaps from it not working.

this post was submitted on 18 Oct 2024
163 points (100.0% liked)

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