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November 29, 2018 2:11 pm  #1


Netflix hikes subscription prices in Canada

 

November 29, 2018 3:44 pm  #2


Re: Netflix hikes subscription prices in Canada

Rabble rabble rabble.

 

November 29, 2018 5:30 pm  #3


Re: Netflix hikes subscription prices in Canada

Netflix's Canadian sub price has doubled since the service launched here in 2010. How much will it cost 8 years from now?

Inevitable, really. They're funding an outrageous amount of original content without the revenue or even the multiple points of monetization that the traditional companies accessed. It'll probably get worse once they're legislated into content quotas in random countries due to destroying the local industry. A scifi drama that's only Canadian in the loosest of definitions is probably financially justifiable on its own terms. A Czech scifi drama? Doubtful. This is the fate they chose once Reed Hastings decided that being a complimentary service wasn't enough.

I'm morbidly curious to know what'll happen should the SVOD bubble pop one day. It's an unsavory little secret that the vast majority of them aren't anywhere close to profitability, with Netflix having billions in debt. Should they go away, it's hard to imagine things going back to the way they were and even harder to think someone else would be eager to join that death march (Rogers and Shaw weren't, which is why Shomi died so quickly). Yet they've created that consumer expectation ...

Last edited by Retaw (November 29, 2018 5:31 pm)

 

November 30, 2018 12:41 am  #4


Re: Netflix hikes subscription prices in Canada

Most Netflix subscribers must live by the Carrie Fisher quip "Instant Gratification Takes Too Long".

For the non-subscribers , this increase in price will merely emphasize the fact that any new Netflix content will be available for purchase, either to watch on YouTube, or the good ol' DVD player within a short timeframe, so why on earth would anybody start/continue to fork out more and more money, year after year for reruns of tv shows, movies and documentaries that are available for much less, (free if you get them from the library, or raid a friend's DVD collection) that they didn't care to watch the first go round, or have seen already.

If Netflix hasn't reached the limit of what people are willing to pay with this new price, they're darn close.