this post was submitted on 20 Apr 2022
40 points (100.0% liked)

Technology

34795 readers
344 users here now

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.

Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.

Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

founded 5 years ago
MODERATORS
MinutePhrase@lemmy.ml
40
Netflix subscribers fall for first time in a decade, shares plunge 23% (mastodon.social)
submitted 2 years ago by angarabebesi@lemmy.ml to c/technology@lemmy.ml
9 comments fedilink hide all child comments
 

It looks like Netflix lost around 700,000 customers in Russia, which is making their numbers look bad. They expect to lose 2.5 million more customers.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] xpladv570@lemmygrad.ml 10 points 2 years ago* (last edited 2 years ago) (2 children)

i mean look at that winning top tier public company strat

  • raise the prices to oblivion
  • take content away
  • produce new original content of questionable quality
  • region lock so many get to pay more for less
  • introduce a fuckton of restrictions to extract even more money
  • blindly follow other sheep-companies into the slaughter by sanctioning themselves out of lucrative markets for no reason

look how well its working, just look at them stonks

[โ€“] jokeyrhyme@lemmy.ml 3 points 2 years ago

They didn't intentionally remove content

Rather, vertically-integrated competitors arrived that no longer wanted to licence their content to Netflix anymore

And region locking, at least in Australia, is the result of Fox and other companies already having exclusive distribution rights for certain content

Netflix is just like every other awful mega-corp in a bunch of ways, but it's also true that their hands are tied in some ways