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submitted 7 months ago by L4s@lemmy.world to c/technology@lemmy.world

Consumers are paying more than ever for streaming TV each month and analysts say there’s no reason for the companies to stop raising prices::Finding new subscribers in a saturated streaming video market isn't easy. And with legacy media companies desperate to recoup revenue declines in their linear TV businesses, the cost of your monthly plan is likely to keep rising.

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[-] Kyrgizion@lemmy.world 158 points 7 months ago

Yarrrr, we be seein' about that...

[-] Kadaj21@lemmy.world 23 points 7 months ago

Yeah I don’t have the budget to subscribe to multiple streaming services, let alone cable or even one service. Thank god there’s not a lot I’d want to watch…even if sailing high seas.

[-] Sanyanov@lemmy.world 124 points 7 months ago* (last edited 7 months ago)

Streaming:

-Charges you unreasonable amount of money

-If you cancel the subscription, you lose it all

-If they change the terms, you may lose access to some of the things in your library

Torrent:

-Costs a grand total of 0$

-Allows you to retain content for eternity

-Requires a 5 second effort to enter the name of a show/film in Sonarr/Radarr

The choice is clear.

[-] EpicFailGuy@lemmy.world 21 points 7 months ago

plus, you fight corporate greed.

Theft removes the original, priacy makes a copy.

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[-] OldWoodFrame@lemm.ee 71 points 7 months ago

No reason to stop raising prices for any business, except for the fact that demand goes down as price goes up. People will cancel or downshift to a cheaper service.

[-] joemo@lemmy.sdf.org 38 points 7 months ago

There's a scene in Fight Club about how auto companies approach recalls, and a similar method is applied for these price hikes. The company predicts how many people will leave or change plans or whatever with their changes and they price it out so that they end up making more money.

And for a small example let's say you have two customers paying $10/month for a service. If the price increases by $11, and one customer leaves, you are now making $21/month from the service.

Now it's not as simple as that in the real world, but that's the general idea.

The issue here is that even if a vocal minority leave these streaming services, or social media there's still a large amount of people putting up with their shit.

[-] erwan@lemmy.ml 23 points 7 months ago

And as a bonus you have less customers to provide support to!

[-] tony@lemmy.hoyle.me.uk 13 points 7 months ago

That's literally what they teach you about basic economics at school..

The standard graph of price increasing on one side and customer demand decreasing on the other, and how companies try to find the crossover point.

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[-] AbidanYre@lemmy.world 31 points 7 months ago

downshift to a cheaper service.

Yarr matey

[-] baronvonj@lemmy.world 16 points 7 months ago

People will cancel or downshift to a cheaper service.

Streaming platforms make more money from you if you use the cheaper ad-supported plans. The price hikes are to get you off the ad-free plans.

https://www.hollywoodreporter.com/business/business-news/netflix-disney-now-pushing-subscribers-to-ad-tiers-1235572459/

[-] ABC123itsEASY@lemmy.world 65 points 7 months ago

Yarr harr fiddle dee dee. Fuck Netflix, Hulu and Disney

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[-] jetsetdorito@lemm.ee 65 points 7 months ago

I'm begging zoomers to learn how to torrent

[-] Kit@lemmy.blahaj.zone 30 points 7 months ago

I'm kind of amazed how my Gen Z buddies are so adamantly against pirating. They think the cops will bust down their door, literally.

[-] banananya@lemm.ee 17 points 7 months ago

As a gen z kiddo, like half of the software on my pc and 90% of my movies are pirated lmao.

[-] Kiosade@lemmy.ca 12 points 7 months ago

I mean i’ve met a lot of millenials like that too. I’m not exactly sure where it stems from

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[-] Rivalarrival 41 points 7 months ago
[-] andrai@feddit.de 31 points 7 months ago

Why is piracy costing you 4$ a month.

[-] algorithmae@lemmy.sdf.org 28 points 7 months ago
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[-] EvacuateSoul@lemmy.world 18 points 7 months ago

I do pay a little for Usenet and my NZB indexer, about $115 per year all said and done. And I pay for hardware and electricity, but I wouldn't have it any other way.

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[-] ohlaph@lemmy.world 41 points 7 months ago

I am slowly cancelling services with each price increase. I uave cancelled Netflix and HBO. Will continue until morale improves.

[-] tankplanker@lemmy.world 35 points 7 months ago

With prices going up and likely subscribers going way down the next logical move for the Streaming Companies is to start cracking down on Piracy again as they already had a go at password sharing.

Now I am not saying they will be successful in prosecuting those that are careful, just that there will be a few high profile cases against groups of people who aren't using the best hygiene when it comes to piracy. Fear is their best weapon against piracy that they actually want to deploy, just make sure you do enough research to make sure you aren't in that harvest of low hanging fruit.

[-] Tattorack@lemmy.world 34 points 7 months ago

Really? No reason to stop raising prices? My Jolly Roger got something to say about that.

Piracy has never been easier or safer or faster than it is now, and these platforms think driving people away with overpriced subscriptions for shitty content is beneficial for them?

[-] Chobbes@lemmy.world 17 points 7 months ago

Piracy isn’t easier than not bothering to cancel your subscription for most people. I’m sure they’ll lose some people, and especially the demographic here, but I don’t know about the average person.

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[-] Blackmist@feddit.uk 32 points 7 months ago

I've no problem with paying for good services, but when I get a better service from a random pirate streaming site than I do from Amazon Prime, why would I continue paying for that?

I'm just sick of things either being exclusive to one service even though they're decades old, or just plain not available.

Oh, and if I'm paying, I don't want ads. Not ever.

[-] SpaceCadet@sopuli.xyz 12 points 7 months ago* (last edited 7 months ago)

I’ve no problem with paying for good services

Exactly. It used to be that netflix was all you needed to get most quality content, and it was a fair deal for customers: you pay a reasonable monthly amount, and you and your family gets convenient access to most streamable movies and TV series.

Now that quality content is spread out and locked out over half a dozen other streaming services, and subscribing to them all is not just a hassle but also incredibly bad value compared to the original offer.

In a healthy competitive environment, you would expect companies to counter reduced value by increasing customer value in other ways or by reducing prices, but instead we got price hikes, lots of low quality filler content, crack downs on password sharing, advertising, various unpopular UI changes and other service reductions decreasing value even further.

To solve this, I think the content producers and streaming services should be split up, because right now they're not really competitors in a true sence but small monopolies who each clutch the keys to their own little franchises. It should be noted for example that music streaming works a lot better: there are various competitors that each hold a viable content library on their own, so you don't need more than one music streaming service. IMO that's because Spotify, Tidal, YT Music, etc. are merely distributors and not the actual producers.

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[-] Devouring@lemmy.world 32 points 7 months ago* (last edited 7 months ago)

Weird... why is piracy growing then? Every reasonable person should pay $300 to watch the shows they want on the weekend... and then pay a couple more hundreds in the theater.

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[-] ipkpjersi@lemmy.ml 31 points 7 months ago

This is why I Plex/Jellyfin.

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[-] WaxedWookie@lemmy.world 25 points 7 months ago

Now chart hours of content against cost across the market, and watch it go vertical. Bonus for weighting by critical rating.

Piracy is the only reasonable choice.

[-] Valmond@lemmy.mindoki.com 24 points 7 months ago

Oh how I hate those graphs that could but doesn't start at zero.

[-] Kiosade@lemmy.ca 10 points 7 months ago

It wouldn’t make any sense in this case, their prices never started at 0.

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[-] jordanlund@lemmy.world 24 points 7 months ago

Thanks for the reminder to cancel Disney+ and HBO Max - I almost forgot! ;)

Still have Peacock, because that's comped through my mobile provider.

My wife does Amazon Prime, Netflix, and Hulu. I had Prime but realized I only ever used it for free shipping, which I can get anyway by bundling my orders and setting ship dates.

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[-] JoeKrogan@lemmy.world 21 points 7 months ago

Don't forget sharing is caring. 😉

[-] query@lemm.ee 19 points 7 months ago

Streaming services, digital services in general, should be made to compete on having the best platform, not on exclusive content.

It's all the same wires going to the same machines. Internationally, too. I can see maybe allowing for different pricing for countries with very different wage levels, but if it's online, it should be available everywhere.

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[-] tdawg@lemmy.world 18 points 7 months ago

People in this comment section really thinking that the average person cares enough to go learn how computers really work in order to get tv for free

[-] BradleyUffner@lemmy.world 16 points 7 months ago

You laugh, but that's exactly what happened with Napster and other file sharing software. It starts with the nerds, then someone makes a good easy piece of software for it, then everyone is downloading cars.

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[-] HurlingDurling@lemm.ee 18 points 7 months ago

Remind me if this is still valid a year from now

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[-] Cyberflunk@lemmy.world 18 points 7 months ago

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[-] BentiGorlich@gehirneimer.de 17 points 7 months ago

I already unsubscribed from prime and if Disney+ is changing to the Netflix way of "no no no you cannot share your account" than that will be gone too. I already thought about unsubscribing from Netflix as well.
But I guess me and my friends are not the norm with a plex server that gets feeded by ~10 persons who like to buy blurays :D

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[-] praise_idleness@sh.itjust.works 14 points 7 months ago

We're also getting more than ever from streaming. That is if you like shitty remakes and sadistic defacto porn.

[-] Katana314@lemmy.world 12 points 7 months ago

One option that exists for the price-averse is going for the low-subscriber streaming services. This doesn't give you the popular shows everyone else is watching, but it's suitable if your goal is to just entertain yourself with something distracting for a while.

I was briefly subscribed to Shudder, a niche horror flick service that doesn't cost much and has a few decent items on there.
Crunchyroll is relatively cheap for anime, has been buying up other properties to give itself a large library. That said, there are accusations that the money doesn't ever reach the original creators. HiDive is another anime service with some weird options.
There's free services like Pluto TV, usually ad-supported (but hey, a lot of the paid options are giving ads)

Haven't read it, but there's also articles out there about other options, should people decide the major entries are too expensive, and they don't want to go for piracy. Knowing your options is always good.

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[-] Perhapsjustsniffit@lemmy.world 12 points 7 months ago

Ohhhhhhhhhh... it's a pirates life for me. We have never subscribed to any of this shit. Savings have allowed us to eat avacado toast.

[-] UFODivebomb@programming.dev 10 points 7 months ago

Raise prices. Blame "the liberal agenda". Profit.

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this post was submitted on 06 Nov 2023
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  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
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