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Maybe so, but why does that matter?
Most of them were casual watchers who might use NFLX once a month; and even if they were watching NFLX 24/7, NFLX doesn't generate revenue (or anything else of value) by simple "watching".

Now, NFLX may, at some point, create a companion free ad-supported site, like Freevee for AMZ. Such a site has value both as a way to suck in paying users (Freevee is currently showing Wheel of Time S1 free, presumably hoping people will subscribe to Prime once S2 drops) and for ad revenue. And when you have such a site, raw viewer number is of interest. But NFLX is not at that point.
(My guess is that they are watching how this churn plays out. What fraction of viewers are somewhat insensitive to both stream quality and timeliness? There is probably scope for capturing some of these via a free NFLX service that shows NFLX content that's from more than 3 years ago, or whatever; but you want to get the details correct. AND you probably don't want to launch until after the current strikes are over and you can have some confidence in the cost landscape for the next ten years or so...)
you are right with watching doesn't generate revenue based on the model of Netflix, but it does possibly help with earnings calls (of course lower than the actual monetary values) since in their earnings calls it is a few pages of house watched and hours of various movies/shows watched. Basically having a possibly much lower overall screen time may hurt the stock when compared to previous engagement.
 
Good job, Netflix! Now use the money to pay your writers and actors a living wage.
 
I’m amazed at the ethics of people who complain about “paying for service”

Nobody is forcing you to pay for a service, the various streamers decided their NIL is such don’t need to give away for free anymore.

Now, they changed terms to be strict on 1 password per household IP address.
 
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Netflix has far less content than it used to, faces more competition, yet is more expensive than many services. I currently have four streaming services. Netflix is not one of them, and unless their prices drop significantly its not ever likely to be.
 
What is a "split immediate" family? I'm being sincere here, I've never heard of this before.
Can't speak for the OP on this, but the OP references immediate family who don't live in the same location. Thus the split part of it.

I've never used Netflix. Is it worth it? Or is it one of those things where you can run through their library in a matter of months then unsub, and one year later sub again and repeat the process. Sounds like a good winter plan!
 
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The explanation given was valid and unless you can point to evidence of corrupt practices by Netflix on their submissions, your conclusions are highly improbable, no matter how many emoji's you paste.
Haha sure thing. We'll see how your Netflix stock is doing a year from now. 😆
 
No, they can’t “lie” to investors, but they can certainly spin their numbers. I know plenty of people who will only subscribe to streaming services when they have shows they want to watch, and once those people finish the shows, they cancel. I’d love to see Netflix talk about the massive revolving door they have… I wouldn’t be surprised if the next step is to try and limit when and how often we can cancel and renew our subscriptions.
 
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But MacRumor posters said they would go out of business!
I stopped my subscription since all the best shows I’ve seen last year we’re on AppleTV+, and I think Netflix badly mangers this story… still, this is the proof MacRumors commenters aren’t representative of real market/users, on this question and all others.
 
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They said how many new subscribers they gained, but not how many existing accounts they lost.

I'm curious how their total membership compares before/after-- especially after the new accounts are outside of the free initial period.

From Netflix's Q2 report: "Revenue in each region is now higher than pre-launch, with sign-ups already exceeding
cancellations."
 
I honestly don't think Cable TV will ever go out of business. There's something about watching live TV which you don't get from Netflix, Hulu or Disney +, and so on.
Yea, commercials. The older i get the more I can’t stand leaving cable on and watching the same commercials over and over. Havent had cable for a while now and don’t miss it
 
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That is such a common misconception. Yeah, those $19 may be "a little over 3 cups of coffee". What you're missing is that those would be in addition. Not everyone is getting a Starbucks every day; there are indeed those who get three a month as a treat for themselves. Never judge someone based on how they spent their money when not knowing anything about their lives.

Many people who could afford their own subscription probably already had them. Not everyone who benefited from password sharing was doing so to be cheap; some literally just couldn't or wouldn't afford it separately and have different priorities in their lives.
It's not a bad assumption to believe that people posting here on MacRumors have some type of disposable income that's more than a few cents. $19 is a choice to be made. If a MR posters choice is $19/mo or eat for a month there are bigger issues.

I can see Netflix not having a good price to value ratio for people and thus people cancel.
 
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We haven’t watched anything live since the first TiVo units came out and for us were life-changing. With ad-free versions of Hulu, plus Netflix and Prime, we’re unlikely to ever return to anything that shows ads.
I'm getting close to that point. Had the ad plans on Netflix and HBO to save a few bucks - I'm convinced it is not worth my sanity. Especially HBO shows the same 4 or 5 ads everywhere. And half of them are for HBO shows that I don't want to watch!

Youtube is VERY close to breaking me. I watch a lot of car reviews since I'm in the market, and a few car manufacturers have been showing me ads in Spanish or Japanese, neither of which I speak. I can flag ads on YouTube for not being relevant, but I wish I flag a commercial for the wrong language.
 


Netflix earlier this year began cracking down on password sharing in the United States and other countries, and the effort has been successful, the company said today. Netflix gained 5.9 million new global subscribers in the second quarter of 2023, including more than one million in the U.S. and Canada, according to its most recent earnings report [PDF].

Netflix-Smaller-2.jpg

Based on these results, Netflix will now roll out paid sharing to "almost all" remaining countries where the new policies have not yet been enacted. Netflix eliminated multi-household password sharing in the United States in May, a move that immediately caused signups to surge.

According to Netflix, revenue is up in every region where paid sharing was introduced, and sign-ups have exceeded cancelations. The company saw revenue growth of 2.7 percent year over year. Going forward, Netflix expects revenue growth to accelerate further as it begins to see the full benefits of paid sharing and additional adoption of its ad-supported plan.

For years, Netflix allowed subscribers to share their accounts with people outside of their direct household, but that is no longer allowed. All people who access a Netflix account must live in the same location, with Netflix restricting access based on IP and other location data. Netflix provided tools to allow those sharing accounts to sign up for their own accounts.

Netflix claimed that more than 100 million households were sharing accounts, impacting its ability to "invest in and improve Netflix" for paying members.

Article Link: Netflix Gains Six Million Subscribers After Password Sharing Crackdown
Now they can afford to pay writers and actors properly and give them a proper residual deal. Oh and the composers as well!
 
What is the cost benefit of this though? Buying TV series and movies are expensive. Like $20/season for a TV series or $20 per movie. And if you’re like me, you won’t want to spend that on a show/movie that you might not even like. Plus, I rarely rewatch movies or shows, so why should I spend $20 to own a copy when I could watch 5 other movies or multiple shows at the same time on streaming? Then there’s the hassle of having to actually manage, organize, and tinker with your library.

Even if you’re torrenting, there still is the hassle of finding what you’re looking for, some things not being available, hoping there are enough seeders, the hassle of trying to stream it to your TV or other devices with formats, languages, and subtitles being correct. Streaming, you just select what you want to watch and it just works. There’s a lot of value in convenience. And it’s legal.

If your server works for you, that’s great. I just can’t see it being worth the hassle for me or even being more cost effective than streaming - even with the price increases, decreasing quality, and fragmentation.
Torrenting is junk. Unraid+Newshosting usenet+sonarr/radarr/plex. Completely automated. The benefit being I can watch and download whatever I want wherever I want. No more restrictions.
 
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