Netflix big price hike keeping people away? Or People waiting on Disney+?
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Netflix stock drops more than 10% as earnings show huge decline in new subscribers
- Thread starter BringBackSonics
- Start date
Netflix big price hike keeping people away? Or People waiting on Disney+?
Honestly who doesn't have an account yet? Moreover, how can they expect aggressive yearly growths when Netflix is so accessible?
Yeah I've been watching this closely. First time i think Netflix has had a domestic sub contraction. They offered sub guidance in April too not sure how they missed so badly. I cancelled my sub though after they are charging me 15.99 for a 4k HDR stream. I'll only sub for a couple months a year now, binge what I want, and quit.
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I would think that. But even Netflix projected 5 million, and missed their projection by nearly 50%. So obviously they felt there were more subscribers to be had.
Draconian crackdown on accounts shared across multiple people?
100% All these paid sub are starting to catch up to what Cable costs once you factor in needing multiple paid subs. Its getting out of hand.
I feel like they're at (or near) saturation point. Unless, as mentioned, they really crack down on the number of people that can access a single account. Like, who at this point is the target audience for Netflix and doesn't already have access to it?
I'm likely going to end my Netflix sub after getting through S3 of Stranger Things. Hardly any other content interests me.
You don't want to hear Frank Grillo and Anthony Mackie talking about Metal Gear Solid?
I wonder how much bigger of a potential subscriber base they have left. For the most part you would have to assume that anyone who wants Netflix in the US likely already has it, there can't be a huge pool of untapped users left. If things slow down too much I can imagine them to start taking some steps to limit account sharing.
This.
Sometimes it feels like the sub price increases every 5-6 months, how do you want to keep people or even attract more if you constantly raise your price?
They were way off this quarter. They reiterated no ads and I think like another poster said, they may limit how many people can access a single account.
I'm really curious to see how their quarter goes after Disney+ is released.
I'm really curious to see how their quarter goes after Disney+ is released.
I think it's getting to the point where I pick and choose which sub I pay for that month. I can pay Netflix one month, watch a show or two, switch to Hulu the next month and watch Handmaids Tale, switch to Disney + and watch Mandalorian.
There is no need to keep Netflix all the time, there are too many great shows to watch on other services.
I think the saturation point has been passed when it comes to online streaming, and I think all of these streaming sites are going to start seeing subscribers slow, and then decrease after a short while.
There is no need to keep Netflix all the time, there are too many great shows to watch on other services.
I think the saturation point has been passed when it comes to online streaming, and I think all of these streaming sites are going to start seeing subscribers slow, and then decrease after a short while.
Yup. People rotated out of Netflix this quarter to sub to hbo for game of thrones maybe? And now cancelled hbo to rotate back into Netflix for stranger things?
I think subscriber members will start to be unpredictable when all the streaming services launch as it is super easy to cancel and subscribe.
Yup (Though I usually keep netflix since in the past it was so cheap). But HBO, CBS, Showtime, Hulu, etc are all sub for a month and move on type services. Subscribing through iTunes makes this super easy.
I'm probably going to stick with them since I'm invested in a few of their original shows. Though it's very likely I'll be getting a Disney+ sub as well.
Too many IP holders are rushing to invade the streaming space with their own services with their own shows on it. Netflix cannot compete as a production house pound for pound and yet it needs to be one in order to compete.
Consumers are also tired of subbing to 5 services to watch everything they want so now they sub and cancel as they go to watch a show here or there, this also eats into the Netflix model.
Consumers are also tired of subbing to 5 services to watch everything they want so now they sub and cancel as they go to watch a show here or there, this also eats into the Netflix model.
I do wonder if it'll get to a point where they start to lose subscriptions because of content being removed as a result of it going to the fifty other streaming services launching near the end of this year.
It's going to be interesting what the future looks like where Netflix's library gets worse and the cost goes up while they have six million competitors, especially Disney.
I dropped my sub for the first time since I started paying for it. Too expensive, though I'll be back for Altered Carbon S2 and Witcher.
Not planning on subbing anything else, I'm barely watching anything.
Not planning on subbing anything else, I'm barely watching anything.
They'll go the way of Blockbuster and the new Netflix of the future comes in to shake up the whole thing!
The consumer space will not accept six million subscription services.
The price has gone from $8/month to $16/month over the entirety of its existence.
I feel like consumers have a very misguided and unrealistic take on what these services should cost. I agree that the prices we were paying for cable packages were severely bloated, but at the same time - $16/month is incredible value for how often I find myself watching Netflix. I'll straight up say it, but piracy has severely undervalued the cost of media for an entire generation. The amount of stuff we expect for a cheap monthly price is interesting to say the least.
Going to get worse when they start losing programs entirely due to other services opening up. The bubble continuing to grow was always going to hurt them at least close to as bad as the actual bursting of the bubble will
Damn they are in rough times if they can't afford a decent camera set up for their investor calls JFC...