I thought hiring the Obamas was going to boost subscribers and uplift content.
What went wrong?
I thought hiring the Obamas was going to boost subscribers and uplift content.
What went wrong?
Sir, more streaming services are coming out and some say they have better movies and shows.
Well damn it Johnson, let’s keep our shit content and raise prices...
“..I thought hiring the Obamas was going to boost subscribers and uplift content. What went wrong?...”
Woke Twitter reality and real world reality are NOT the same.
They think the world revolves around them....it doesn’t.
Well, what do they expect from hiring the Obamas?
I don’t have Netflix, but know some people who got rid of it.
They said they watched for a while, but they got to a point where they had seen everything they wanted to see, and decided it wasn’t worth the money. Without any compelling new programming to watch, they just decided they had enough of it.
I remember seeing on another service the category “Not on Netflix.”
Guessing they’re still getting their pay chex. Also, obxxx is “starring” in some nature series. Kinda defeats the purpose of looking at how pretty nature can be. Even if it’s voice overs.
Why are people cancelling? Is it just market competition, or has there been an anti-Netflix campaign? Evidently “password sharing” is a problem, but that has always been true. And of course giving millions to the lazy, grifting Obamas was nothing but a political fashion statement.
Loss of 2 million???
That figure has an extra zero from the article on their share price collapse I read on Monday.
Well-deserved and long overdue.
Now awaiting results on DIS...
Paying for Netflix is like paying for poison.
My subscription is part of my T-Mobile plan, so I hardly pay anything for it. I think it’s $1.50 per month. But I just got a notice saying that the price is going up again, which means I might have to pay about $3.00 per month. I’ll probably keep it, but I wouldn’t be surprised if this latest price increase brings another round of cancellations.
netflix was down 29% when I left the ticker running on the TV about a half hour ago and down 36% as of this minute
Maybe Musk will buy this next?
From Investopedia...
What Is Hammering?
Hammering is rapid and concentrated selling of stock shares in the wake of an unexpected event that is perceived as extremely damaging to the company’s short-term performance. The effect of hammering is a steep drop in the price of the stock.
I guess monkeyhammering is even worse...?
Monkeyhammered?
Looks like Barak is doing to Netflix what he is doing to America.
I’m happy that the corrupt hedge-fund tool Bill Ackman lost A LOT of money today!
Absolutely nothing went wrong for the Obamas. They got richer from it.
Price point is now too high, pure and simple.
Their price increase has put it at $15 - $20 a month for most folks.. still a $10 a month basic option...
That price is too high, especially now that a lot more free streaming services exist, that offer much of the back catalog stuff that Netflix was able to offer initially.
I’ll be honest, I used to watch a lot of Netflix.. anymore I rarely launch the app.... I find myself watching Tubi far more often, even though its ad based. My fear about Tubi though is that now that I think Fox owns it, the tolerability of ad breaks will lessen... Typical Ad break is like 1 minute to 1 minute and 15 seconds... 4 or 5 short 15 second ads and back to the show... I suspect now that Fox (or whoever it was) bought them out, that their ad breaks will get so long (like broadcast tv) that it will become unwatchable as well.
The price hike for 2022 clearly was the last straw for a lot of subscribers.. if it wasn’t included with my cable, I would have dropped my subscription as well. I would not pay $15 a month for Netflix, I just don’t use it enough to justify anything close to that.
Years ago, yes, they had offerings and I watched it very often, have been a subscriber since they were disk only.. but anymore, I would not even remotely pay $15 a month for it... not while there are good, cheaper, alternatives.
Which, now there are many. The offerings of Netflix have continually declined in number, and quality, but the price keeps going up... inflection point was bound to happen.
With more streaming services competing for existing content, Netflix has lost a lot of back catalogue items that made it worth having... Much of the newly produced things they have have little interest for me, and the few I do enjoy I am not dropping $180 a year to see.
Looks like going Woke caught up with them. I canceled over two years ago...