I agree. Beyond Stranger Things I can't think of anything I've watched on Netflix that justifies the cost.
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Netflix Loses Subscribers for the First Time in 10 Years, Blames Account Sharing
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Sharing accounts its obviously a contributor, but by far not the biggest factor.
I would say rapidly rising prices and more competing streaming services, each with their own blockbuster shows that draw attention and $$$, are the main causes. When they do land huge shows, they sometimes botch it: has anyone actually tried to watch Seinfeld on Netflix? The picture quality is absolutely atrocious.
Also people have been stuck at home for 2 years... they've already binged all the shows that are worth watching on Netflix, and it seems that the output of new shows and movies that people actually want to watch has slowed down dramatically.
I would say rapidly rising prices and more competing streaming services, each with their own blockbuster shows that draw attention and $$$, are the main causes. When they do land huge shows, they sometimes botch it: has anyone actually tried to watch Seinfeld on Netflix? The picture quality is absolutely atrocious.
Also people have been stuck at home for 2 years... they've already binged all the shows that are worth watching on Netflix, and it seems that the output of new shows and movies that people actually want to watch has slowed down dramatically.
No. I unsubbed a year ago as not enough content to justify the ever creeping price. And I pay the max for full fat 4K.
I dont think they understand how many people justify the cost by sharing. Honestly piracy is now easier again and good luck combatting that.
They are also the only ones charging extra for HD, let alone 4K. Ridiculous, especially since it is tied to the premium 4 user account. Of course we are going to share if you don’t offer 4K on a single plan. What a waste otherwise
Two days ago I logged into Netflix on a Roku TV that was in my vacation rental. Will I still be able to do that when I'm not allowed to "share" with myself in a different location? I'll probably hold onto Netflix until the end of May to watch Stranger Things, but it'll most likely get the axe after that.
HobeSoundDarryl
macrumors G5
If piracy ever becomes THE solution for the masses, that will kill the whole machine. It will certainly stick it to the "greedy and stupid" by destroying the whole industry. Thereafter, all original content would have YouTube video-type budgets and quality and the pirate masses will need to be happy with what was produced up to the point of the masses rebellion of 202X.
Analogous example: we're not wanting to pay Apple's "greedy" margin for the next iDevices or Macs. So let's just all steal them. That will show 'em... put them right in their place. And somehow Apple will be able to keep making new models year after year for no income that we can all steal too.
The piracy option only "works" while the numbers of pirates are small. If that becomes the masses "I'll show 'em" option, that's the end of new professionally-produced movies & TV content and the best new video will be YouTube quality made mostly by volunteers working for nothing-to-near-nothing in all of the professional roles of production.
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TV+ is better than Netflix at the moment. It’s been like that for a few months now.
Netflix lost subscribers for the first time in more than a decade in Q1 2022, according to subscriber numbers the company said during today's earnings results. Netflix is down more than 200,000 subscribers, and the losses are set to continue.
Netflix was expecting to add 2.5 million subscribers in the first quarter of 2022, but did not hit that target. The suspension of its business in Russia cost it 700,000 subscribers, and without that loss, Netflix would have added 500,000 paid global users, which is still well below its projections.
In the United States and Canada, Netflix lost 600,000 customers, due to recent pricing changes. Netflix said this subscriber loss was anticipated and in line with expectations.
In a letter to shareholders [PDF], Netflix said that revenue growth has "slowed considerably," with the company faulting "a large number of households sharing accounts" and "competition" as reasons for the drop off. Netflix estimates that its 222 million paying households are sharing with an additional 100 million households that are not being monetized.
Going forward, Netflix said that it plans to implement "more effective monetization of multi-household sharing," which suggests that Netflix will soon enact measures to prevent account sharing. Netflix in March began testing an extra payment for those who share their Netflix accounts with people outside their households.
In Netflix's current test markets of Chile, Costa Rica, and Peru, customers can pay an extra fee to share their accounts with two people outside of their household. When the test was launched, Netflix said that it was working to "understand the utility of these two features" before making changes in other countries.
Netflix has always included wording in its terms and services that prevents account usage across multiple households, but until now, the service has ignored password sharing. Netflix also recently enacted new price hikes, and a 4K streaming plan is priced at $20 per month.
It's worth noting that Netflix is the only streaming service that charges by streaming quality. In the U.S., Netflix charges $9.99 for the Basic no-HD plan that allows for streaming on a single device, $15.49 for a Standard HD plan that allows for two people to watch at the same time, and $19.99 for a Premium plan with Ultra HD streaming and support for four simultaneous viewers.
In the second quarter of 2022, Netflix is anticipating losing two million paid subscribers.
Article Link: Netflix Loses Subscribers for the First Time in 10 Years, Blames Account Sharing
Exactly that. Netflix need to stop giving contracts to people like Adam sander and instead make decent stuff. I know the need to cater to a wide audience but they can do that while not spending a load on utter garbage.
When the cancelled The OA after the second season I cancelled my subscription and haven’t had one since. I’ll rejoin when they stop cancelling
Exactly that. Netflix need to stop giving contracts to people like Adam sander and instead make decent stuff. I know the need to cater to a wide audience but they can do that while not spending a load on utter garbage.
When they cancelled The OA after the second season I cancelled my subscription and haven’t had an account since.
I’m sure their horrific selection of movies that continually gets worse played no part in it.
HobeSoundDarryl
macrumors G5
Depending on how they implement it, if "you" were watching Netflix from both your home and your vacation rental at the same time, you'd probably have to pay extra... unless perhaps you can show them a way for you to be in 2 places at the same time.
On the other hand, if you watch from home when you are there and from the vacation rental when you are there, then that's "you" watching in one place at any one time. That should be fine and no extra cost.
I suspect the "sniffer" is going to take note of situations where 1 subscriber must be in 2 or more places watching 2 different things at the same time. Even those with some kind of wormhole/transporter technology to support the first part probably don't actually want to watch 2 different things simultaneously very often.
Considering Ozark and Stranger Things are done after this year, I won't be missing anything special. Netflix hasn't been worth it for awhile..
TheYayAreaLiving 🎗️
Suspended
Blaming account sharing? I think they should blame for rising the subscription fees. 🤦🏻♀️
I think it's the tedious shows, price hikes, and increasing alternatives.
I barely watch anything on Netflix anymore. A complete waste of my money and they keep making it more expensive while at the same time delivering less quality shows etc. TV+ on the other hand is a steal at only $5 a month.
Didn’t they answer why they’re down in the first part about withdrawing from Russia?
There is also the fact Netflix is the oldest of all streaming services. Everyone has had it and likely split off into their most preferred.
Account sharing is just one area (that has always existed) that they’re seeing potential to increase subscriptions.
There is also the fact Netflix is the oldest of all streaming services. Everyone has had it and likely split off into their most preferred.
Account sharing is just one area (that has always existed) that they’re seeing potential to increase subscriptions.
*laughs in quibi*
I pay $22 a month to AMC to see 3 movies a week in theaters. Better value than Netflix.
A global pandemic, war in Europe, red hot inflation and a possible recession looming in the near future. People are and will continue to lean up their budgets.
I pay for 4K because you know its 2022 and I have a 4K TV. I can't remember the last time I watched something on Netflix. I keep paying because my parents and my brother use it once and a while to watch a couple shows. Please block them so I can cancel service. I can tell you right now neither of them will sign up I am the technology person of the family. Funny enough I don't even think my parents know how to use it they ask me to put it on when I come over.
If they offered a cheaper 4K single stream for someone like me who lives alone I would likely keep paying just to have the option.
Things I won't do:
-Pay for four streams as a single person household.
-Pay for less than 4K 2022.
Netflix is hitting a fun point in their company's lifespan. Either modernize or die out. Stream quality and Family are not a hand in hand metric......
These companies are all a joke honestly.
Finally watching Discovery on Paramount and I love that I have to crank my soundbar to max to hear the dialogue then the commercials can be heard across the street. They have multiple times acknowledged the issue on social media and say they are working on a fix but you can always pay for ad-free until they decide to give the fix to the subscribers.
Charging more and more for less. These companies act like they are going bankrupt while their pockets are overflowing.
I hope this is going to go the way of Music in the long term. For the most part you can pay which ever company you want and you have access to almost all music. They finally figured out that was the way to go. Piracy went down significantly. Do you want some money or none? Nice to see people are voting with their wallets/piracy and they are finally getting slapped in the face.
If they offered a cheaper 4K single stream for someone like me who lives alone I would likely keep paying just to have the option.
Things I won't do:
-Pay for four streams as a single person household.
-Pay for less than 4K 2022.
Netflix is hitting a fun point in their company's lifespan. Either modernize or die out. Stream quality and Family are not a hand in hand metric......
These companies are all a joke honestly.
Finally watching Discovery on Paramount and I love that I have to crank my soundbar to max to hear the dialogue then the commercials can be heard across the street. They have multiple times acknowledged the issue on social media and say they are working on a fix but you can always pay for ad-free until they decide to give the fix to the subscribers.
Charging more and more for less. These companies act like they are going bankrupt while their pockets are overflowing.
I hope this is going to go the way of Music in the long term. For the most part you can pay which ever company you want and you have access to almost all music. They finally figured out that was the way to go. Piracy went down significantly. Do you want some money or none? Nice to see people are voting with their wallets/piracy and they are finally getting slapped in the face.
Don't link quality to number of streams. I might still be a customer if I could get 4K at a reasonable price. SD for the same price as others charge for 4K doesn't work for me and many others.