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.

    • li10@feddit.uk
      link
      fedilink
      English
      arrow-up
      12
      ·
      2 months ago

      Yeah, Lemmy loves to talk about how this won’t work and they’ve moved to Plex, but overall it’s been working great for Netflix.

      Eventually the bubble will burst and people will start to drop Netflix, but that’s a way off.

      • Kichae@lemmy.ca
        link
        fedilink
        English
        arrow-up
        6
        ·
        2 months ago

        The price is still elastic because many people have another streaming service they can drop. But as they all raise prices, they’ll all be whittled down to just one. And then possibly none.

        • sunzu2@thebrainbin.org
          link
          fedilink
          arrow-up
          2
          ·
          2 months ago

          No doubt but if people would be a little more proactive… We coulda already squeezed the corpo trash