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Netflix is starting to raise prices in some countries as growth spurred by its crackdown on password sharing starts to fade.

The film and TV streaming giant said it had already lifted subscription fees in Japan and parts of Europe as well as the Middle East and Africa over the last month.

Changes in Italy and Spain are now being rolled-out.

In its latest results, Netflix announced that it had added 5.1 million subscribers between July and September - ahead of forecasts but the smallest gain in more than a year.

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[-] Jagothaciv@kbin.earth 7 points 10 hours ago

The for profit model was probably created by idiots. Just because something like the market and economy are complex doesn’t mean it was put together by smart people.

Capitalism is cannibalism. Cannibalism of resources, of your job, of your society.

Idiots put the system together and idiots are holding it together.

[-] CanadaPlus@lemmy.sdf.org 3 points 8 hours ago

Yeah, but I've yet to see a detailed alternate proposal. When people talk about anarchism it gets really handwavy really fast, and the other kind of socialism has history of being vapourware.

[-] DdCno1@beehaw.org 1 points 1 hour ago

... or gulagware.

this post was submitted on 18 Oct 2024
95 points (100.0% liked)

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