The executives write, “As we invest in and improve Netflix, we’ll occasionally ask our members to pay a little extra to reflect those improvements.” Netflix raised the prices of its Basic and Premium plans last year.
Earlier today, Netflix made the surprise announcement that it struck a 10-year deal to air the WWE’s Monday Night Raw. The $5 billion deal will bring the live weekly show to streaming after over three decades of airing on linear television.
What if I don’t give a duck you just spent $5B on content I don’t care about? Don’t ask me to increase my fees.
Will you ever occasionally lower your rates back down? If not, that’s not " occasionally asking" your beloved members for something. That’s just raising your rates because you think you can.
5 billion / 10 years / 247 million subscribers / 12 months also works out to 17 cents/month
Raising the minimum cost of your service by $2.50 * 10 years * 247 million subscribers * 12 months is…. 2.33/2.5 About a 93% profit margin between the two changes
What if I don’t give a duck you just spent $5B on content I don’t care about? Don’t ask me to increase my fees.
Such corpo speak: “we’ll occasionally ask”…
Will you ever occasionally lower your rates back down? If not, that’s not " occasionally asking" your beloved members for something. That’s just raising your rates because you think you can.
And thus far he’s been proven right.
5 billion / 10 years / 247 million subscribers / 12 months also works out to 17 cents/month
Raising the minimum cost of your service by $2.50 * 10 years * 247 million subscribers * 12 months is…. 2.33/2.5 About a 93% profit margin between the two changes