Finding new subscribers in a saturated streaming video market isn't easy. And with legacy media companies desperate to recoup revenue declines in their linear TV businesses, the cost of your monthly plan is likely to keep rising.

Consumers are paying more than ever for streaming TV each month and analysts say there’s no reason for the companies to stop raising prices::Finding new subscribers in a saturated streaming video market isn’t easy. And with legacy media companies desperate to recoup revenue declines in their linear TV businesses, the cost of your monthly plan is likely to keep rising.

    • Syrc@lemmy.worldEnglish
      92·
      1 year ago

      Everyone torrented in the 00’s, and Netflix was born from that.

      No way they’ll let the whole market crash before trying to get some customers back.

    • Lightor@lemmy.worldEnglish
      31·
      1 year ago

      Lol no. That’s not how an economy works. When you sell less of a thing you then have to adjust price to make it favorable again. Companies aren’t just going to say “If we can’t charge $350 a month we might as well just turn off this massive money machine.” No, they will charge $200 and accept making less money over making no money.

        • Lightor@lemmy.worldEnglish
          11·
          1 year ago

          You’re correct. Theft has nothing to do with the economy.

          Ummm theft, aka shrink, is very much a part of any business.

          Hiring theft prevention is an entire field of work around this very concept. How can you say theft has nothing to do with the economy when there is an entire industry around theft prevention…

          It doesn’t matter what they charge when everyone steals it for $0.

          You missed the part where people stop stealing if the price is reasonable. It’s the reason why pirating went way down when Netflix first came out. People are willing to pay, not be taken advantage of. Are you not reading these comments, people saying they will pirate if there is another hike? There is clearly a line, if they cross it then they lose customers.

            • Lightor@lemmy.worldEnglish
              1·
              1 year ago

              According to the market. That’s how reasonable prices are arrived at. It’s this little thing called an economy.

              I’m not saying stealing is OK, I’m just being realistic. If you charge $200 a month for Netflix people will steal it. You can get upset and rant all you want, that’s reality. People refuse to be charged more and more for the same thing, there is a breaking point.

              Also, it’s not stealing. This argument has been had and proved false. The large number of people who pirate content are very unlikely to have ever paid for it. It’s not stealing vs buying, it’s pirating vs never watching. The outcome of pirating or never watching is the same to the creators.

              Right now I pay for Netflix, Hulu, HBO Max and Sunday pass. I’m paying for plenty. You’re just too ruled by your emotions to have an actual conversation, so you make wild assumptions and throw insults instead.