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Netflix hints at password sharing crackdown as subscribers fall

bbc.co.uk

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Re: Netflix hints at password sharing crackdown as subscribers fall

#21
They have more competitors than ever before.

They raised prices.

They planned to crackdown on their subs.

They do crackdown on vpns.

They haven't made the 'black ukrainian falling in love with trans russian soldier' movie yet.

Netflix is going to lose a ton more subs until they make that movie.

Re: Netflix hints at password sharing crackdown as subscribers fall

#22

Netflix streaming has such absolute garbage movie selection compared to Netflix DVD service, Amazon Prime Video, and Youtube. I don't understand why that is. With all their wealth they should be able to at least compete on movie selection with the other major streaming services. But instead they are many times worse.

Because the owners of those movies now have their own streaming services. Netflix can't stream what they don't own or are able to license.

Amazon now owns MGM so that means over time the majority of MGM movies will only be on Prime.

Re: Netflix hints at password sharing crackdown as subscribers fall

#23
Streaming companies just can’t help themselves. There’s Disney+, Netflix, HBO Max, Paramount+, Hulu, ESPN+, Apple TV+, Prime Video, and I think Peacock (for now?).

The industry self-own is hilarious. It’s easier to just pirate or rent than deal with this many random services.

And Netflix just keeps dumping out algorithmically generated focus grouped content. There is plenty of good content on Netflix but not enough to justify a monthly costs. Most of what I actually want to watch is spread out across a dozen different services.

And now Netflix wants to try and kill one of the last things that kept me as a customer. If I share the account I can stomach the costs. If I have to pay for the full account by myself, I’m canceling.

Perhaps Netflix should focus on partnerships and bundles. Ads, any ads at all, is an instant dealbreaker for me.

Re: Netflix hints at password sharing crackdown as subscribers fall

#24
They're losing subscribers, because of multiple reasons, most of which are their own fault:

- Subscription prices keep rising, and they were already very high.

- Libraries decreasing as they lose the licensing to other streaming services.

- Originals are hit and miss, mostly miss, and get cancelled constantly after 1 season.

- Crackdown on VPN and password sharing.

- COVID lockdowns are mostly over in Europe, US and Canada.

-Libraries outside the US are a fraction of the size of the US library, some legitimately have less than 10% of its content, while asking for the same amount of money.

- More competition than ever, and it's only growing.

Increasing the sub prices and cracking down further, isn't going to bring in more customers on an already diluted competitive market.

Also on the password sharing specifically.

We pay for 2 or 4 simultaneous streams on Netflix. It doesn't matter if I'm at home streaming, while someone 15min away from me is also streaming it on the same account. I paid you for the connections, you shouldn't tell me who can use them or from where.

Re: Netflix hints at password sharing crackdown as subscribers fall

#27

For me, Netflix needs higher quality content. More creative risky shows like the OA, Altered Carbon, Love, Death & Robots, Black Mirror and more old HBO style content… quality vs factory cookie cutter produced stuff trying to satisfy the lowest common denominator, because then you will satisfy no one. Maybe they have good shows I just don't know about. Their recommendation system seems to be crap. I browse for 20 min…

I’ve switched to HBO MAX at 6 euros / month. I am happy for now.

Re: Netflix hints at password sharing crackdown as subscribers fall

#28
post #20
post #14

> The streaming giant estimates more than 100 million households are breaking its rules by sharing passwords. Someone elsewhere rephrased this as "Netflix estimates that 100 million households don't think Netflix is worth its price." which I think is very apt.

It's not clear your logic actually follows, presumably some fraction of those 100M would pay if sharing passwords wasn't an option.

But how many people will stop paying because they only keep it for their parents, partners, or friends? This could easily result in less subscribers.

If Netflix were so sure about the benefits of blocking password sharing, they could've done this years ago. Arguably many people subscribe to the comparatively very expensive UHD plan because they can share passwords with up to 3 people.

Re: Netflix hints at password sharing crackdown as subscribers fall

#29
post #9

They put the UK prices up on a family account up from £12 to £14 in March 2021, and now again to £16, from next month. I.e. 30% over 14 months. In the interim content I appreciate has got ever scarcer - when it comes to that, I'm willing to be patient, a little, on account of Covid-caused production delays - but coupled with incredible price rises and complications for other users on this account? And everlasting UI…

Don't complain in Switzerland we have the most expensive price (24.9CHF or about 26.7$) and we have the smallest catalog and no local content...
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