Tuesday, 21 June 2016 06:31
People love content - and love cheap content even more. Netflix has been a pretty solid value over the years, but they have had a few price increases and it always leaves people feeling pretty bummed about the service. With the latest announcement showcasing a $2 / month price increase, the public is very sadly, outraged and it appears that they could lose almost 500,000 subscribers globally. If that's the case - even with the bottom tier costing ~$10 - that's $5 million month they stand to lose... How much is too much to pay for streaming?
With cable increasingly breaching the $100+ per month mark (and rising), the idea that an increase from $7.99 to $9.99 (or $8.99 to $9.99 for some customers) could send customers packing is ludicrous. Netflix not only has one of the largest streaming catalogs online but, with House of Cards, Orange is the New Black, Narcos, Jessica Jones, Daredevil and others, it’s also creating some of the best content on the airwaves.