Netflix confirms it is increasing subscription prices, again, after adding 8.8 million customers::undefined

    • ZeroCool@feddit.ch
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      1 year ago

      I mean. Supposedly.

      But then again, cable is dead for a reason.

      Yes, and the reason cable is dead is specifically because streaming offered a more affordable, convenient, and ad-free option. Now that it’s pretty much the only legal game in town and every greedy fuck out there is trying to start their own streaming service the cablefication is well underway. You think the c-suite types give a single fuck about the long-term viability of their services? lol no. They’re here for short term profits. They’ll be carried off into the sunset by their golden parachute while you’re paying $45/mo to watch commericals on Netflix.

          • givesomefucks@lemmy.world
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            1 year ago

            You can.

            1. Buy stock for a company that prioritizes steady sustainable growth instead of chasing an ever increasing profit margin.

            2. Plan to keep that stock for decades.

            3. Buy more stock as time goes on, never stop buying that stock.

            4. Pray that a giant conglomerate doesn’t decide to buy it.

            5. If a conglomerate buys it, dump stock immediately while everyone else is buying. Then reinvest it all into a new company.

            Repeat as needed.

            It’ll help good companies, and if enough do it, conglomerates might eventually not seeing gobbling every other company up as profitable.

        • SCB@lemmy.world
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          1 year ago

          Neo-liberalism?

          The internet decreed like a decade ago that “Anything You Don’t Like Is Neoliberalism,” so why not?

            • givesomefucks@lemmy.world
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              1 year ago

              Whatever it is, its fucking idiotic

              Never trust a political movement that renames itself constantly.

              They likely know they can’t defend their policies, so instead they steer the argument towards what their name is.

              If that wasn’t the case, they’d tell you what label they want to be called

            • SCB@lemmy.world
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              1 year ago

              Neoliberalism (narrowly defined under economic terms) is the idea that minimizing government impact in markets is a good thing, and that government regulation should be designed to efficiently address externalities with as little market distortion as possible.

              Neoliberals, for instance, were among the first advocates for single-payer healthcare in the US, as they saw the insurance market as generally one large externality ripe with perverse incentives.

              Historically, neoliberals have ranged from Reagan/Thatcher to Bush 1/Clinton, to HRC and Obama. Republicans kind of lost the plot on neoliberalism around 1996.

              The internet started shitting on neoliberalism right about the time Hillary Clinton trounced Bernie Sanders, which they also blamed on neoliberalism. Before then, their criticisms were mostly Reagan/thatcher specific. As neoliberalism evolved, so did the internet, because leftists need something to hate and they were the loudest people online at the time.

                • SCB@lemmy.world
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                  1 year ago

                  I am literally a neoliberal. I work with neoliberal groups, donate to neoliberal charities, support neoliberal politicians, and even own a hoodie that says “neoliberal and proud.”

                  Before I got perma’d from Reddit for saying “The only good nazi is a dead nazi,” I regularly posted on /r/neoliberal.

                  I am quite aware of what neoliberalism is.

                  What you’re describing is more just people being bad at their jobs, and this moving you to assume malice instead of incompetence because of their job title.

                  Sears was dead for almost twenty years, they just didn’t know it yet. They died when malls died, and instead of any sort of pivot, they doubled down. This was a car crash in slow motion.