Lol...Do you agree with this? https://techcrunch.com/2019/03/27/netflix-is-still-too-cheap/
Pay TV is $100 with commercials. Netflix is certainly cheap in terms of $/viewing hour. At least in developed countries
How will recession impact Netflix? More viewing hours, more cord cutting, which are good, but what about content spending, will Netflix still have debt to burn?
Rate is lower when recession hits. So Netflix will have no trouble to operate. That's not saying stock won't plummet though.
too cheap hahaha. I just canceled due yet another price increase. their profits have be insane. another increase was not needed. this is the same shit that happened with pay tv. increase every year. eventually this post will be "Netflix price increase again, Is OOT entertainment getting to expensive!"
First person I’ve seen to point to profits, and without calling out our debt and cash burn. Interesting.
Is It possible for Netflix to add live sports or have some bundle deals? That’d be a huge win for all. If that doesn’t happen, eventually they need to merge with someone(hint: Mickey)
I know I wouldn't cancel if it went up to $20/month.
We’ll find out when recession hits.
👆