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165

Netflix raises prices as password boost fades (www.bbc.com)

submitted 1 month ago by fine_sandy_bottom@lemmy.federate.cc to c/technology@beehaw.org

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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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[–] Ragnarok314159@sopuli.xyz 3 points 1 month ago

It’s all about who owns it and is sitting on the board.

Bunch of old money type people? They don’t care too much about a bad year, more important to weather the storms and keep the generational money intact.

Venture capitalists? Jack Welch this dogshit company and get us some short term gains!