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

submitted 1 month ago by [email protected] to c/[email protected]

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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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[–] [email protected] 2 points 1 month ago (1 children)

... or gulagware.

[–] [email protected] 1 points 1 month ago* (last edited 1 month ago)

No, vapourware. If their thing worked but also had remote prisons this would be a totally different (and ethically abstract) conversation, so that's not the important detail.

In practice, their thing didn't work, and still ran on market-style money transactions, albeit with multiple currencies and a lot of random red tape. And then a huge unofficial market cropped up as well to close the gaps from it not working.