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Update on Sharing

about.netflix.com

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Re: Update on Sharing

#291

Post by _8j50 »

What part of this do people find unreasonable? A very large and updated catalog of entertainment for the price of a bimac meal is too much? Why are you paying to begin with then? Pirate away!

I mean, let it all be free, not my problem but if you are willing to pay for entertainment then how can you say you should be able to allow other people to not pay. I ask myself why they even allow other household members for free? Basic cable will cost at least 4-5 more. If you can afford that, replace it with netflix. If you can afford even more, get multiple streaming platforms.

I hate the fact that there are so many streaming platforms but none of their pricing is unreasonable.

Re: Update on Sharing

#292

Post by hef19898 »

lxgr wrote: post #169
thfuran wrote: post #154

Earlier quoted context omitted.

>That's three quarters of the way to bankruptcy, big red flashing danger lights. Is it though? Were they funding operations by selling shares?

If their employees are paid in stock, yes.

Share based comp is accounted under a different line item then OPEX. And if the share price falls, more shres are used. If share prices rise bove projections, share based comp can become an issue due to the guaranteed number of shares outstanding all of a sudden becoming really expensive...

Re: Update on Sharing

#293

Post by rekoil »

bee_rider wrote: post #85
deltarholamda wrote: post #53

Earlier quoted context omitted.

I wish they had done this from the get go. My family has never shared a password with anybody, and I'm pretty confident that some of their price hikes reflected the reality that they had to deal with password sharers. All I know is that with the fracturing of the streaming landscape, where everything requires a separate $8.99/$11.99/$15.99 (or whatever) monthly fee, downloading Linux ISOs starts to look more and more…

Should have shared passwords, at least you could trade a Netflix for a Hulu or whatever. Apple TV is $6.99 a month. Netflix looks to be $9.99 (ignoring the ad-subsidized offering which isn’t really comparable). It is kind of hard to share an Apple TV login (at least I wasn’t able to figure out how to share it without also sharing my whole Apple account), so I guess that extra $3 must be the price of all the sharing g…

> It is kind of hard to share an Apple TV login (at least I wasn’t able to figure out how to share it without also sharing my whole Apple account)

You do it by setting up family sharing. But yeah it's super integrated, you'll be sharing a lot more than just Apple TV+ if you just set it naively.

If the goal is to just share TV+, then maybe a solution could be to create a separate Apple ID just for that, but actually using it will be difficult for Apple users.

My guess is this is Apples probably very successful way of disincentivising "account sharing" (as in, swapping access for your friends Hulu, Netfilx, etc, while enabling actual account sharing within a family)

Re: Update on Sharing

#294

Post by The_Colonel »

crazygringo wrote: post #120
nvr219 wrote: post #4

Here's an update: I'm canceling my account. The amount of entertainment I and the three people I share with get out of Netflix isn't worth the 4x cost increase. Maybe the other guys will get accounts, I don't know. I'm sure for some people it's worth it.

If just one of the other three gets an account (which seems statistically likely), it's the same for Netflix. If two of them get an account, or you change your mind later, it's a huge win for Netflix. Netflix has done the math and already tested this policy in several countries. They would never be rolling this out in their home market of the US if they weren't extremely confident that new subscriptions will outweigh…

Let's see. The experiment in Spain didn't work out that well: https://www.bloomberg.com/news/articles/2023-04-25/netflix-l...

Out of that 1 million, I think only ~300 000 were paying customers, but still it did not achieve the desired effect.

Re: Update on Sharing

#296

Post by baq »

cfiggers wrote: post #244
hahajk wrote: post #167

Earlier quoted context omitted.

I think this strategy will only work a little longer. The crackdown on sharing is only start. As the pressure increases on streaming services to turn more profits I'd expect longer contract lengths. I wouldn't be surprised to see Adobe-style "reduced price monthly payment" contracts from the more corporate services.

It's literally cable all over again. How did we let this happen?

It's not us, it's them.

They want our money but can't figure out how to share between them to get it, so they don't and they reap what they sow.

I predict a renaissance in torrents.

Re: Update on Sharing

#297

Post by The_Colonel »

crazygringo wrote: post #105
ChikkaChiChi wrote: post #47

Earlier quoted context omitted.

This is the most mind-blowing aspect of this. Kids away at college use their parents' accounts for entertainment. Those kids graduate, then get their own accounts. Netflix is shooting themselves in the foot. These kids will just adopt content from other providers.

Kids away at college will just get their own accounts now. Compared to the cost of college with room and board, a monthly Netflix subscription is nothing, especially with the cheap ad-supported tier. Kids away at college do things like eat at restaurants and buy clothes which require money too, and if that money's coming from parents then so will a separate Netflix account. It's not like it's some great American trad…

> In other words, being at college doesn't have much of anything to do with anything.

Being in college is associated with not having money for all luxuries and having to prioritize. Plenty of students will think about whether their Netflix account is worth it or perhaps they should invest some time into learning this "torrent" thing.

Re: Update on Sharing

#298

Post by nprateem »

kstrauser wrote: post #69

From https://www.cnet.com/tech/services-and-software/netflix-is-c... : > "We love people sharing Netflix," CEO Reed Hastings said Wednesday at the Consumer Electronics Show here in Las Vegas. "That's a positive thing, not a negative thing." > Hastings, who earlier in the day also revealed Netflix was now in 130 countries, didn't address broad password swapping, but did say a household sharing an account was fine. A l…

Yes but that was when they were focussed on growth pre-IPO. Now they're focussed on rinsing their customers to generate profits for dividends.

Nothing lasts forever.

Re: Update on Sharing

#299

Post by alickz »

bee_rider wrote: post #85
deltarholamda wrote: post #53

Earlier quoted context omitted.

I wish they had done this from the get go. My family has never shared a password with anybody, and I'm pretty confident that some of their price hikes reflected the reality that they had to deal with password sharers. All I know is that with the fracturing of the streaming landscape, where everything requires a separate $8.99/$11.99/$15.99 (or whatever) monthly fee, downloading Linux ISOs starts to look more and more…

Should have shared passwords, at least you could trade a Netflix for a Hulu or whatever. Apple TV is $6.99 a month. Netflix looks to be $9.99 (ignoring the ad-subsidized offering which isn’t really comparable). It is kind of hard to share an Apple TV login (at least I wasn’t able to figure out how to share it without also sharing my whole Apple account), so I guess that extra $3 must be the price of all the sharing g…

Apple TV are showing ads now, at least in my country

Re: Update on Sharing

#300

Post by lotsofpulp »

cfiggers wrote: post #244
hahajk wrote: post #167

Earlier quoted context omitted.

I think this strategy will only work a little longer. The crackdown on sharing is only start. As the pressure increases on streaming services to turn more profits I'd expect longer contract lengths. I wouldn't be surprised to see Adobe-style "reduced price monthly payment" contracts from the more corporate services.

It's literally cable all over again. How did we let this happen?

It is literally not cable all over again.

Cable (or satellite TV) was all media creators and watchers having to deal with a small number of middlemen.

Having to have someone come to your house, install hardware, run wiring, have set top boxes, only being able to watch at home at a certain time without a separate recording device…does not sound anything at all like watching media over the internet.

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