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.

  • shoulderoforion@fedia.io
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    1 month ago

    See, the problem with publicly traded corporations is, they’ve got to constantly not only be making as much money this year as they did the previous year, but they’ve got to increase shareholder value, which means, raising prices, or reducing the product to save costs, we have termed that last bit enshitification. I mean, they don’t HAVE to, but if they choose not to, the board of directors will push for a change in CSUITE personnel, and those fuckers are raking in the big bucks, and really really like their 3rd vacation homes in Aspen, so you pay more, or you get less, and sometimes you pay more AND you get less. And the beat goes on.

    • NotAnArdvark@lemmy.ca
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      1 month ago

      I don’t see what would be wrong with a world where businesses just satisfied themselves with providing employees with a reasonable living, contributed to the communities they were in, and provided a good or service that was needed. Sitting under a tree and reading a book sounds better than watching the world burn in your name-brand clothes and 5 bedroom 2.5 bath house.

        • DdCno1@beehaw.org
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          1 month ago

          In the real world, communism also suffered from the mandated growth problem, as well as a long list of other issues that some people still like to pretend solely exist under capitalism and some serious problems that are exclusive to this system. Yes, it is actually bad, with and without Cold War propaganda making it sound both worse and better than it actually was. It failed everywhere for a reason.

          This doesn’t mean that there aren’t real issues with capitalism as well. So far, the best system we’ve come up with as a species is heavily regulated capitalism with strong social safety nets. Not perfect, but nothing is on this rock.

          • Viri4thus@feddit.org
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            5 days ago

            The fact you didn’t get the guy was referring to the scare of Communism, rather than advocating for communism, and you immediately went into post hoc rationalisation mode is the best evidence to how accurate his comment is. Furthermore it is an excellent reflection of modern US society. You yanks would rather cut your nose to spite your face than to grow a modicum of empathy for the human condition.

            • DdCno1@beehaw.org
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              5 days ago

              Swing and miss. I’m not even American. I am from a country that suffered under real-world Communism for decades though.

                • DdCno1@beehaw.org
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                  5 days ago

                  My great uncle (who was 12 at the end of WW2) had to hide from the Soviets for years, caught pneumonia and almost died before he managed to escape over the Iron Curtain. He suffered from serious health complications for the rest of his life. His mother was murdered on the spot, his teenage sister abducted into the Gulag system. She died somewhere in the Ural mountains, never to be heard of or seen again.

                  You on the other hand feel smug and smart about yourself by using entry level college vocabulary on a topic you know less than nothing about. There are few people on this planet I detest more than those who are, for whatever reason, carrying water for authoritarians and authoritarian systems.