They're never going to make it cheaper for their customers. That would defeat the purpose of their business. But companies hike prices based on a lot of factors - and existing revenue is one of the biggest ones. The point of my post was that all these people complaining about the price being high need to realize that by stealing their service means Netflix is forced to recoup costs of their hosting and bandwidth infrastructure somehow. Prices are higher because of it. It's an industry-wide problem that I think all the major streaming services will begin cracking down on. Disney+ has already been experimenting with ways to lock down their accounts as well.
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Netflix May Soon Crack Down on Password Sharing
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I wonder how this will affect their viewership. I don’t know how many people share their password but if it’s substantial, it might not play out to their advantage. Some may purchase their own subscription and others won’t. It’ll be interesting to see.
Nope. Never said prices would go down. Just said they might not have gotten as high as fast as they did with more paying customers.
That's exactly what I want. My household consists of me and a cat! I only want one 4K screen. Netflix currently has a very poor range of subscription options and I'm sure it can't be difficult for them to extend these options to cover different size households.
Netflix charges higher prices for account levels with multiple streams, their pricing is already functionally based on people using it this way.
Also it’s fairly well known that Adobe dealt with piracy with a wink and a nod for years because they knew folks who used their products as teenagers and college students without a license got used to Photoshop and co and would want to use it at their jobs, where the company would pay for the license, instead of a different product. They only really jacked up their prices once most of their competition went the way of the Dodo.
People will always want more for less. In the end though, all that matters is how many people actually pay. A lot of people vent and still end up paying 😂.People acting like they're entitled to Netflix and it's outrageous that Netflix wants payment for their service.
Since the subscription is already restricted to a specific number of streams at one time, I don‘t see the problem they are chasing…? Just trying to maximize profits I guess.
Errr, the service is paid for. Nobody can stream netflix for free. Netflix is the one that offers tiers with multiple screens allowed.People acting like they're entitled to Netflix and it's outrageous that Netflix wants payment for their service.
Yep, multiple screens in the same household, as their terms have ALWAYS stated.
if the number of users watching is what is paid for in the sub then I don't see why Netflix could have an issue with it - why does it matter to them if I am watching it whilst away with work at the same time as my kids watch it at home if I have paid for 4 simultaneous streams? Their bandwidth is the same, the amount they have to pay for the content licences is the same.
Yeah, currently it's more worthwhile if you're going to be sharing the password a lot, which means it's less worthwhile if you're not sharing it.
So if you're traveling, and your family stays at home, do you want to be forced to buy a separate subscription since you are outside your household?
If you're on your device, that's considered part of your household. And if you have to verify by text message or whatever when you're traveling, what's the big deal?
The issue is if you give the password to your neighbor, cousin, etc. And why, because it's not just about the cost of operation to Netflix, it's the loss of a sale.
Netflix needs to stop making **** movies/series just to flex ''their numerous content'' and invest to content with more quality...No need to inform you that way too many people outside US have access to far less series/movies than us users...
Well, this is what happens. I'm currently using my girlfriend's step-sister's ex-boyfriend's Netflix creds. Not an exaggeration. In college, Netflix creds were everywhere, just have to know a friend of a friend.
That's not what the agreement says. It says one household.
When has any entertainment content service or cable service lowered prices? Content is getting more expensive. I listened to a presentation that said the $15/hour minimum wage would cause Netflix and others to raise prices a couple of dollars as the productions get more expensive because of labor rate. It is every paid person including janitors caterers, messengers, interns etc.
See sections 4 and 5: https://help.netflix.com/legal/termsofuse
It's more likely to, or at least it'll be lower than otherwise. They do have fierce competition. Otherwise, what's stopping them from raising the price right now?
Household doesn't mean a house itself, it means a group of people who share the house. So no.
Inflation-adjusted price can still go down. Fed used to double the money supply every 10 years, now it's every 5, so you can't really treat $ as a constant measure of value.
Also, cable TV used to cost $50 to $100 a month in 2006, now you can get roughly the same service but without ads from streaming sites for less $, so a lot less money in reality. But that was after a big market disruption.