Because they keep raising the price to compensate for the loss of users.
There will be a price too high for the majority of users to justify it, and they'll either have to stop raising it or start actually getting things to justify it.
Because right now, they have gone through all of their viable IPs just about and have almost nothing until their next seasons, and they're trying to start splitting seasons 5 weeks apart to squeeze twice the number of subs out for people who, say, only sub for Cobra Kai or Stranger Things.
Netflix focused too hard on originals when people still want licensed blockbusters and older cult classics, and when coupled with their constant pushing of agendas both weird and repulsive (cough, Cuties, cough) it's easy to see why people are leaving.
So sure; they can beat their estimates by raising their prices. But there is an upper limit to this strategy; diminishing returns, if you will.
People binge watched Stranger Things 4 and are done again. Season 5 won't be out until like 2024.
Hehe good theory🐸Ugh I couldn't get past the first episode with that annoying bully/leader guy in the lunchroom. Painfully shitty acting. Bummer.
That’s what they get for canceling Santa Clarita Diet. Fuckers…
They just sent me an email that they are doing a subscription price increase. Sounds like desperation.
And still had pretty solid earnings. Beat the estimate and the stock is up.
Next quarter
Because they keep raising the price to compensate for the loss of users.
There will be a price too high for the majority of users to justify it, and they'll either have to stop raising it or start actually getting things to justify it.
Because right now, they have gone through all of their viable IPs just about and have almost nothing until their next seasons, and they're trying to start splitting seasons 5 weeks apart to squeeze twice the number of subs out for people who, say, only sub for Cobra Kai or Stranger Things.
Netflix focused too hard on originals when people still want licensed blockbusters and older cult classics, and when coupled with their constant pushing of agendas both weird and repulsive (cough, Cuties, cough) it's easy to see why people are leaving.
So sure; they can beat their estimates by raising their prices. But there is an upper limit to this strategy; diminishing returns, if you will.