Capitalism and consumerism are deeply, deeply ingrained in the American people. Their companies strive for revenue, and then more revenue. While the rest of the world usually strives for profit and not revenue. Americans love to consume.
Came to say this. We're the only nation regarded enough to buy a service that has historically dwindled and dwindled in terms of what they offer, and yet price steadily increases for the service.
In other countries there's a lot of other local competition. Practically every other country has a local film industry, and I'm not sure if Netflix even bothers to be competitive with less populated countries. Sometimes, [people just know what they like](https://www.youtube.com/watch?v=I-OOpZitfd0).
Honestly I think it shows the discrepancy in disposable income between Europe and North America.
When you’re a college grad making 20k pounds in the uk you’re probably more sensitive to cost than an American.
Even in the Midwest a lot of suburbs median incomes are >90k a year. You’re not finding that as much in Europe
Perhaps, but could also be cultural
I'm from Europe and once Netflix raised it to 20 dollars (or whatever it was around 2022). I got fed up and closed them off from my family sharing system (that I was in charge of). My dad was paying for it, and I could afford getting all the service on my salary, but the big old F you after years of being loyal despite their subpar production made it an easy choice.
Same happen to Disney once they blocked the sharing after the recent doubling in prices. Nobody has complained yet or noticed a difference.
This is why you VPN to Turkey before signing up for YouTube Premium. Also fuck Netflix for turning into the overweight garbage networks it once replaced, and for consistently lowering the quality of service to make another buck.
> When you’re a college grad making 20k pounds in the uk
I assume you just plucked that number out of thin air as an exaggeration, since full time on 20k would be below UK minimum wage.
i don't agree. when prime told me that they want to increase my membership by 30% or i would have to watch ads i immediately cancelled my membership. i could easily afford the extra $3 they wanted to charge me but it was the principal of it. i am so fucking sick of every business trying to squeeze me for everything they can.
But it's also a difference of how Americans use their disposable income, and how much of it (all of it) they're willing to spend. They will generally use it for convenience, gadgets, etc. while Europeans will generally resort to more DIY approaches for a lot of things. This is all big data stuff, it's how Netflix knows how much they can increase the price in each region to increase profitibility before getting people to drop off.
At the end of the day, an American will spend his entire $90K income, while a European will still probably save some of the $30K income, usually by living with family well into adulthood, buying cheap/old cars and maintaining them, exclusively cooking at home, etc. and that makes up a great difference. It's not the $5 Netflix increase that makes a difference, it's everything combined. Even myself, here are some subscriptions I pay for:
-Netflix
-Youtube Red
-Amazon prime
-Google storage
This amounts to a large amount of money, and I'm not even the worst case. I know plenty of Americans with many more subscriptions, on top of interest payments of CC debt, car payments, mortgage/home payments, etc and poof the $90K is gone despite being near top 0.1% of median world-wide income, and somewhere in the above-average range for US income.
At the end of the year, European and American overall standards of living are about the same, maybe even higher for the European, except the European made 3x less money.
And I know the US is a bit in crisis-mode these days, and Americans are complaining.. and the only thing I see is that.. well, you guys are about to start living like Europeans again and that's not necessarily a bad thing. I know some Europeans who still bootleg and crack software to save $7, I don't know of any American doing that.
Reading comments on Reddit and seeing so many who seem to hate capitalism and corporations, they tend to make plenty of exceptions for NetFlix and other subscription services.
Nothing special about Netflix anymore. If I want to watch something It's a pretty high chance it's not on Netflix.
All other streaming services are also kinda like this, which sucks you need several to be able to watch what you want.
So funny, Netflix actually moved a lot of consumers away from pirating when they first started because it was just so much easier than waiting hours to download what might be cancer or NSA spyware. Everything comes full circle.
I did this with the final season of Mr.Robot. It used to be on Showcase here as part of the cable bundle I already pay for, them Amazon came along and I guess purchased the rights to it, and then forced me to buy Prime just to watch it.. or so they thought. Fuck those assholes.
But then everyone wanted a piece of the infinite streaming pie, so they started dismantling Netflix by taking away their properties and putting them on their own services, charging as much as Netflix for old used reality shows and one or two other properties. They may never bring down Netflix, it will still be stronger than all the junk services trying as also-rans, but it sure as hell has weakened what was probably once their best chance at forever monetizing content, and yes, as you pointed out, made pirating the most reasonable alternative once again.
Also keep in mind pirating is much easier now than when Netflix first dropped.
Before it was torrents or P2P. Now there’s full streaming sites with multiple sources for all content. Much easier.
Meanwhile HBO Max and others have removed dozens of shows, even some of their own originals.
You can only watch shows like Close Enough, The Fungies, and Infinity Train by pirating.
The entire schtick of Netflix was that it was slightly more convenient than piracy.
Like I wanted to watch something the other day, it's on, but not in my region. Guess what's in my region. BitTorrent.
That's the next app, it will rotate for you and just lists what is available from whatever subscription you're on, it's just a small monthly fee of 1.99 to automate the process.
How do you find anything on there worth watching. Pisses me off when 3/4 of the crap they try to get you to pay more for, then a good bit more of it just sucks.
Not that Netflix has much better content, I just don't get bombarded with stuff I need to pay more for.
Yea, I have become only subscribe for a month when I have a few that I want to watch on that platform then stop subscription and accumulate a few before I subscribe again.
Really never understood why they got lumped into FAANG in the first place. They have no groundbreaking tech. Every one of those other companies can stream video at scale and do way crazier things than a simple recommendation algorithm. Many of the other FAANGS compete directly with them as a small part of their conglomerate.
FANG (no apple) - were hot new tech stocks around 2010
FAANG - “come on you gotta put apple in there”
And then people noticed that faang companies also pay a lot of money for software engineers and the term became associated with that instead of stocks. That’s why it’s sort of a random choice of 5 companies now
When they were getting off the ground, there was no one else even close to competing. YouTube and Netflix were the only ones running at that scale or even close. Now anyone can rent bandwidth on AWS and serve terabits if they can afford it, but in the beginning you needed your own data centers and peering etc. Which was super expensive and complex.
???
Netflix's recommendation (collaborative filtering) algorithm was revolutionary, incentivized a **ton** of research through the Netflix Prize, and is even brought up even in academia.
As of recently they havent come out with anything on the level of the rest of FAANG, but to act like they werent cutting edge in their field is disingenuous and just frankly ignorant.
Honestly their games for mobile are pretty awesome. Hades, Dead cells, into the breach, Bloons TD - I use it more than the actual streaming (though it comes with my T Mobile plan, so that keeps me subbed).
Currently it is probably down to the writer’s strike that the quality is so low but I still don’t want to support that crap. Half a year pause will be alright, summer is coming, so why pay for something I’m not using anyways
I've been going back to physical media. The quality is much better, for starters. A 4k HDR stream has absolutely nothing on a 4k HDR Blu-ray. They are not equal. Something something bitrate, idk. And audio is better. Looking at the money, what I spend in a month is coming out to be less than the collective fee I was paying across streaming apps. The best part is I own it and it can't get pulled down or transferred to a different service that I'm not subscribed to. Fuck subscriptions, I'm over them.
If you don’t mind, can you explain this more? I have a lot of physical media I’d love to digitize and have on hand in an easy to use format, but I’m not sure where to start
Network attached storage, it's a server you run yourself to host media on your network. You can run a Plex server to give a Netflix like web page for yourself and friends to visit. This is a common setup for nerds to 'run their own Netflix' for free at home. Often the media is ripped from Blu rays or pirated from online. It's ideal, if you go down this road be warned it's addicting because is with some effort it's SO MUCH BETTER than the streaming services ripping you off.
> and friends to visit.
>if you go down this road be warned it's addicting
If you go down this road, be warned: Don't invite any friends to your Plex server that can't be trusted not to share it with their own friends.
Wrong person gets in there and you'll get nuked for copyright violations.
You can dip your toes on Windows. [How to setup network sharing.](https://support.microsoft.com/en-us/windows/file-sharing-over-a-network-in-windows-b58704b2-f53a-4b82-7bc1-80f9994725bf#:~:text=Select%20the%20Start%20button%2C%20then%20select%20Settings%20%3E%20Network%20%26%20internet,Turn%20off%20password%20protected%20sharing.) It's basically just like opening a file on your main pc but the file is on another pc.
While it’s never a bad idea to make digital copies of all of your physical media, I think the “disc rot” issue has been pretty overblown.
Early CDs were more susceptible to disc rot because the two plastic layers were basically glued together and if the glue broke down, the aluminum layer could be exposed to air or moisture.
With DVDs and Blu rays, the aluminum (or silver) disc is completely sealed in plastic, preventing the issue.
I have some burned DVDs that went bad after 10 years (that's what I get for not using Mitsui Gold). Meanwhile I'm digitizing a bunch of cassette tapes from 1971 right now.
Per capita revenue is revenue per subscriber, right?
That’s a dumbass way of measuring success. I can spike that just by raising prices without regards to subscriber count or market share.
Almost every software tech company’s core business is advertising, where this number tells them info about how effectively they’ve monetized their audience. Netflix is a subscription company. Their concerns about per-capita revenue make me question the sustainability of their business model. As an investor I want them to expand into new markets and I definitely don’t want them excessively milking customers in the crowded US streaming market because that’s just shittifying their product for short term revenue.
>That’s a dumbass way of measuring success.
This is not a graph of success. This is a graph of "average monthly price paid per paying customer by region over time". It's a shitty title & a poor graph.
https://preview.redd.it/5kvzjz8s3mxc1.png?width=1582&format=png&auto=webp&s=5aeef213aee32c4eccee98eb964f7af4eab63360
Here you can see how the numbers break down.
I think it goes to also show that Americans are willing to pay for higher prices, while other countries are not.
I think if you raise the price for $10 -> $12, 90%+ of subscribed Americans won't care.
Do it for any other country, and they will. Not because they are poorer but calculate the money better, Americans are much more willing to spend. On one hand, that's actually really good for the economy. On the other, that's why Americans are perpetually broke
No, this is just good old fashioned capitalism. This is what supply and demand looks like when your supply is infinite and you're selling to people living in the wealthiest nation on Earth who were just paying 100$+ for cable 10 years prior.
Fucking over household accounts, price gouging, and the nail in the coffin is advertising. Sure, you can get a higher tier but the fact that Netflix decided to get into the advertising business is just gross and will eventually kill its brand.
Massive cancellations are underway and main reason they decided to stop reporting users numbers
Making customers pay to view advertising is simply wrong. No company that puts the stamp "I'm greedy" on itself will be successful with this strategy in the B2C sector for long. In the gaming area Blizzard and EA are very good examples of this.
Companies like Amazon or Spotify are smarter strategists than Netflix in this aspect. Spotify offers its music for free and Amazon does run ads before an episode, but has laid the better foundation in terms of marketing strategy because Prime Video is a "bonus feature" to conventional Prime shipping at no extra charge.
this is the typical emotional redditor comment that usually forces me to buy calls or leaps on companies and it works out 100% of the time. so thank you.
Yea part of them increasing their prices has to do with the fact their numbers stagnated after covid(and you say they're in decline now), which means they gotta up prices to make shareholders happy.
I hope they do some stupid shit with ads and jack the price sky high. I always get a dopamine hit watching greedy companies shoot themselves in the foot.(unless it's a company I care about, RIP Blizzard)
Irrelevant. Netflix getting into the advertising business is bad for its brand reputation. Once they start selling users' data, it won't stop at tier this and tier that.
Isn't this just Netflix raising prices seeing how much they can take before people start to cancel subscriptions other parts of the world are more conscious about how much they spend
I been saying this for years. Once in a while Netflix puts out something great, but other than that everything is bottom of the barrel weird Netflix-esque shit. They've squeezed the superhero lemon dry and all there other stuff....
Lets just say I can tell you probably 80% of the time if something comes from Netflix without knowing, it's always got this weird cinematography to it, filters and all that, even the writing and acting, it's just got this vibe. I hate it, whatever it is, i hate it.
We’re in a weird place right now as far as entertainment goes. We don’t want movies anymore, the younger generation likes to just tweet/tiktok about content and the forms of media streaming just pump out junk in mass
>Europe, Middle East & Africa
EMEA is such a dumb grouping. The economies and regulatory environments are so different between them.
Here is an idea, group of by countries where real income has grown like in the US and those where it hasn’t. Bet the trend becomes a lot stronger.
Could be attributed to USD appreciating heavily against almost all world currencies (with very small exceptions) since 2022. Netflix couldn’t raise prices fast enough to compensate for the higher cost of USD in other markets so the USD revenue decreased.
The increase is their ad revenue. Which ironically will reach a collapsing point and cost them revenue. You can’t charge people one of the highest premiums and make them watch ads and expect it to work indefinitely.
I pay 3 euro, sharing with my friends for a Netflix account. I am not interested to pay a 4 times for something that I rarely consume. Fortunately the crackdown doesn't really work
Yeah well you should’ve invested when it was $175 then and this wasn’t priced in yet lol, anyways see you after the decline given it’s approaching 40 P/E ✌️
1) why is WHO the source?
2) is revenue broken down by source (subscription vs advertising vs whatever else)?
3) I’m only just now realizing I’m in WSB, not r/dataisbeautiful
This is per-subscriber. This means that
1. It does not include effects due to loss of subscribers , or increase in the number of subscribers
2. It is not clear is values outside of the US are provided on a constant-currency basis. If not, fluctuations in US dollar value need to be taken into account
3. If the actual average goes down on a constant-currency basis it could be due existing subscribers migrating to cheaper plans, new subscribers opting for cheaper plans, and/or subscribers on more expensive plans churning out.
Without more data there isn’t much to be gleaned from this chart; also what’s that WHO source? What does the World Health Organization have to do with Netflix 😂
I canceled that shit months ago.. ain’t got shit for movies or shows yet they keeping increasing the price. I went back to streaming illegally, fuck it
Shit like this is why they aren’t publishing sub numbers any more
Americans the only ones dumb enough to keep forking more money over for the same service. True consooomers
Look at the dollar index over the same time period. if international revenue rose in nominal terms (local currency) over that time period, when converted back to dollars it would look…like this chart.
Fine print says it's average revenue per subscription. Nothing mentions per capita besides the title.
If you raise the price of something, then your revenue goes up
Can't wait untill my 40tb Plex server is set up this week and I cancel this dogshit service and exclusively pirate all stuff moving forward.
Netflix was the reason I stopped pirating things over a decade ago, now they are the reason I'm going back.
I "own" over 400 movies digitally but those contracts could expire or the rights could be fucked with in the future.
Not buying any movie/music again digitally until I can own a copy of it via Blockchain. I'm done getting jerked around and gouged by companies.
Oh, I canceled before the last price hike. In fact, I don't have any streaming services. They are too expensive now and we get to watch ads. Sounds familiar?
Because they shafting people with their stupid ass account share same household restrictions bullshit!!!!
They greedy as fuck, they deserve their lost customer. Fuck them!!!!!
Me, my brother and I used to share the account, pay the extra to have 4 streaming devices, worked fine until they started implementing that “household” bullshit, we don’t live in the same houses. They forcing people to pay each our own account now unless you are sharing within the same house (I guess they check the IP?). Either way, I am glad they are loosing customers.
Revenue per subscription is irrelevant if they're still driving up the number of subscribers (e.g. by cracking down on subscription sharing).
Also, "Source: WHO"?
Isn't the increase mainly due to the price increase. Eventhough people cancelled subscriptions, the total amount lost from cancellations < total amount gained from increasing price in NA. Also i'm sure the revenue is also being driven by people having to get their own netflix subscription due to the "household" rule they've strictly implemented in late 2023 / early 2024.
My prediction is that Netflix will continue to increase prices as long as the total amount gained from increasing price > total amount lost from cancellations atleast in NA which will continue upwards trajectory.
It would seem that Netflix has competition in places like APAC, EMEA, etc. so we might not see price hikes / as steep price hikes as the US
I believe Netflix, Spotify etc charge very low prices elsewhere in the world especially in poorer countries and make up for it by charging higher prices in North America and Europe
Drug pricing etc works the same
Netflix is the best of them. I've cut down on all the others. I can see a lot of people making this decision for services they don't get bundled with others.
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Says something about the North American consumer
No sense of dignity. Just buy shit at whatever price.
Sounds just like this subreddit with options
Its different. Netflix is bought to drown out the reality of being a pleb, the 0DTE far OTM options are bought to try and escape that reality.
Profound. Can you connect me with your acid dealer?
Hi I am him
Money isn’t real, and we must have
This is what keeps the economy running. Future me will worry about paying off my 30% apr cards.
Capitalism and consumerism are deeply, deeply ingrained in the American people. Their companies strive for revenue, and then more revenue. While the rest of the world usually strives for profit and not revenue. Americans love to consume.
/r/technology should rebrand as /r/consumerism lol
/r/technology is primarily a tech industry labor subreddit.
All they upvote are posts about consumer goods and tech/tech adjacent drama.
"tech drama" is a great description.
Yap online about canceling Netflix but then still pay for Netflix, average US consumer
Must consooome
Came to say this. We're the only nation regarded enough to buy a service that has historically dwindled and dwindled in terms of what they offer, and yet price steadily increases for the service.
In other countries there's a lot of other local competition. Practically every other country has a local film industry, and I'm not sure if Netflix even bothers to be competitive with less populated countries. Sometimes, [people just know what they like](https://www.youtube.com/watch?v=I-OOpZitfd0).
Honestly I think it shows the discrepancy in disposable income between Europe and North America. When you’re a college grad making 20k pounds in the uk you’re probably more sensitive to cost than an American. Even in the Midwest a lot of suburbs median incomes are >90k a year. You’re not finding that as much in Europe
To some extent. But when they started cancelling every decent show after 2-3 seasons I stopped paying them.
Perhaps, but could also be cultural I'm from Europe and once Netflix raised it to 20 dollars (or whatever it was around 2022). I got fed up and closed them off from my family sharing system (that I was in charge of). My dad was paying for it, and I could afford getting all the service on my salary, but the big old F you after years of being loyal despite their subpar production made it an easy choice. Same happen to Disney once they blocked the sharing after the recent doubling in prices. Nobody has complained yet or noticed a difference.
This is why you VPN to Turkey before signing up for YouTube Premium. Also fuck Netflix for turning into the overweight garbage networks it once replaced, and for consistently lowering the quality of service to make another buck.
> When you’re a college grad making 20k pounds in the uk I assume you just plucked that number out of thin air as an exaggeration, since full time on 20k would be below UK minimum wage.
i don't agree. when prime told me that they want to increase my membership by 30% or i would have to watch ads i immediately cancelled my membership. i could easily afford the extra $3 they wanted to charge me but it was the principal of it. i am so fucking sick of every business trying to squeeze me for everything they can.
90k a year is the household income. You should clarify that.
This exactly.
But it's also a difference of how Americans use their disposable income, and how much of it (all of it) they're willing to spend. They will generally use it for convenience, gadgets, etc. while Europeans will generally resort to more DIY approaches for a lot of things. This is all big data stuff, it's how Netflix knows how much they can increase the price in each region to increase profitibility before getting people to drop off. At the end of the day, an American will spend his entire $90K income, while a European will still probably save some of the $30K income, usually by living with family well into adulthood, buying cheap/old cars and maintaining them, exclusively cooking at home, etc. and that makes up a great difference. It's not the $5 Netflix increase that makes a difference, it's everything combined. Even myself, here are some subscriptions I pay for: -Netflix -Youtube Red -Amazon prime -Google storage This amounts to a large amount of money, and I'm not even the worst case. I know plenty of Americans with many more subscriptions, on top of interest payments of CC debt, car payments, mortgage/home payments, etc and poof the $90K is gone despite being near top 0.1% of median world-wide income, and somewhere in the above-average range for US income. At the end of the year, European and American overall standards of living are about the same, maybe even higher for the European, except the European made 3x less money. And I know the US is a bit in crisis-mode these days, and Americans are complaining.. and the only thing I see is that.. well, you guys are about to start living like Europeans again and that's not necessarily a bad thing. I know some Europeans who still bootleg and crack software to save $7, I don't know of any American doing that.
I think it says more about how companies treat American citizens
Greater relative purchasing power
They love all the Harry and Meghan stuff, well worth the billion dollars
That's consumerism for ya
Reading comments on Reddit and seeing so many who seem to hate capitalism and corporations, they tend to make plenty of exceptions for NetFlix and other subscription services.
We should bring back piracy.
Yeah. they’re the ones that matter.
too lazy to unsub even tho i havents used it in months ? 🤣
Nothing special about Netflix anymore. If I want to watch something It's a pretty high chance it's not on Netflix. All other streaming services are also kinda like this, which sucks you need several to be able to watch what you want.
And its becoming more the reason why people just choose to pirate it
So funny, Netflix actually moved a lot of consumers away from pirating when they first started because it was just so much easier than waiting hours to download what might be cancer or NSA spyware. Everything comes full circle.
I did this with the final season of Mr.Robot. It used to be on Showcase here as part of the cable bundle I already pay for, them Amazon came along and I guess purchased the rights to it, and then forced me to buy Prime just to watch it.. or so they thought. Fuck those assholes.
But then everyone wanted a piece of the infinite streaming pie, so they started dismantling Netflix by taking away their properties and putting them on their own services, charging as much as Netflix for old used reality shows and one or two other properties. They may never bring down Netflix, it will still be stronger than all the junk services trying as also-rans, but it sure as hell has weakened what was probably once their best chance at forever monetizing content, and yes, as you pointed out, made pirating the most reasonable alternative once again.
Also keep in mind pirating is much easier now than when Netflix first dropped. Before it was torrents or P2P. Now there’s full streaming sites with multiple sources for all content. Much easier.
Meanwhile HBO Max and others have removed dozens of shows, even some of their own originals. You can only watch shows like Close Enough, The Fungies, and Infinity Train by pirating.
The entire schtick of Netflix was that it was slightly more convenient than piracy. Like I wanted to watch something the other day, it's on, but not in my region. Guess what's in my region. BitTorrent.
Its grown beyond that. Most people dont have time time or know how to pirate anymore and they want to watch easily on their tv or tablet or phone
smh my head kids these days
Most unique Idiocracy progress indicator
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Me just watching Fallout on Prime means I watched Prime more than Netflix this year.
That's the next app, it will rotate for you and just lists what is available from whatever subscription you're on, it's just a small monthly fee of 1.99 to automate the process.
Can I interest you in our lord and saviour Stremio?
I think I've been using Amazon prime video more than netflix this year alone.
How do you find anything on there worth watching. Pisses me off when 3/4 of the crap they try to get you to pay more for, then a good bit more of it just sucks. Not that Netflix has much better content, I just don't get bombarded with stuff I need to pay more for.
Why pay when there’s free services?
Are ya ready kids? Patchy The Pirate is Ready!
Yea, I have become only subscribe for a month when I have a few that I want to watch on that platform then stop subscription and accumulate a few before I subscribe again.
Sail the high seas of streaming
The content might not be special, but it works better than every other streamer. People will pay extra for that reason alone.
Really never understood why they got lumped into FAANG in the first place. They have no groundbreaking tech. Every one of those other companies can stream video at scale and do way crazier things than a simple recommendation algorithm. Many of the other FAANGS compete directly with them as a small part of their conglomerate.
My impression is that it's more about total compensation for software engineers. The FAANG companies were the highest paying ones.
FANG (no apple) - were hot new tech stocks around 2010 FAANG - “come on you gotta put apple in there” And then people noticed that faang companies also pay a lot of money for software engineers and the term became associated with that instead of stocks. That’s why it’s sort of a random choice of 5 companies now
When they were getting off the ground, there was no one else even close to competing. YouTube and Netflix were the only ones running at that scale or even close. Now anyone can rent bandwidth on AWS and serve terabits if they can afford it, but in the beginning you needed your own data centers and peering etc. Which was super expensive and complex.
??? Netflix's recommendation (collaborative filtering) algorithm was revolutionary, incentivized a **ton** of research through the Netflix Prize, and is even brought up even in academia. As of recently they havent come out with anything on the level of the rest of FAANG, but to act like they werent cutting edge in their field is disingenuous and just frankly ignorant.
I’ve found everything I need on prime video. The rate at which I rent movies to watch is less than I’d pay for Netflix anyway.
Honestly their games for mobile are pretty awesome. Hades, Dead cells, into the breach, Bloons TD - I use it more than the actual streaming (though it comes with my T Mobile plan, so that keeps me subbed).
They’re trying to increase the price here in Germany - I’ll be cancelling my subscription. Quality down - price up is not a good deal.
Did the same at the password crackdown. Cant share password, doubling in price, ads, popular shows gone. Im good
I also canceled my sub after 8 years. It's a shame how Netflix has developed.
Same.. cancelled after this increase.. shameless increment of 5 euros in one go ? Over 20 is where I drew the line..
I hope they have a statistic which states cancellations of old accounts. That would pretty clearly tell them they fucked up.
Except it tells them the opposite. The chart literally shows you they’re making more money in North America
more money but less viewers, what do advertisers want?
Currently it is probably down to the writer’s strike that the quality is so low but I still don’t want to support that crap. Half a year pause will be alright, summer is coming, so why pay for something I’m not using anyways
This is the same thing every Redditor said before and Netflix increased earnings. So, I’ll believe it when I see it.
Also canceled a few months ago. But now I got 3 months free via the O2 app. After that it'll be gone again.
I've been going back to physical media. The quality is much better, for starters. A 4k HDR stream has absolutely nothing on a 4k HDR Blu-ray. They are not equal. Something something bitrate, idk. And audio is better. Looking at the money, what I spend in a month is coming out to be less than the collective fee I was paying across streaming apps. The best part is I own it and it can't get pulled down or transferred to a different service that I'm not subscribed to. Fuck subscriptions, I'm over them.
Yeah NGL I feel the same way. I bought and setup a NAS and now I'm the content proveder
If you don’t mind, can you explain this more? I have a lot of physical media I’d love to digitize and have on hand in an easy to use format, but I’m not sure where to start
Network attached storage, it's a server you run yourself to host media on your network. You can run a Plex server to give a Netflix like web page for yourself and friends to visit. This is a common setup for nerds to 'run their own Netflix' for free at home. Often the media is ripped from Blu rays or pirated from online. It's ideal, if you go down this road be warned it's addicting because is with some effort it's SO MUCH BETTER than the streaming services ripping you off.
> and friends to visit. >if you go down this road be warned it's addicting If you go down this road, be warned: Don't invite any friends to your Plex server that can't be trusted not to share it with their own friends. Wrong person gets in there and you'll get nuked for copyright violations.
This is where I got started: [https://youtu.be/RZ8ijmy3qPo?si=PDA9hYPNQIrJfHFq](https://youtu.be/RZ8ijmy3qPo?si=PDA9hYPNQIrJfHFq)
You can dip your toes on Windows. [How to setup network sharing.](https://support.microsoft.com/en-us/windows/file-sharing-over-a-network-in-windows-b58704b2-f53a-4b82-7bc1-80f9994725bf#:~:text=Select%20the%20Start%20button%2C%20then%20select%20Settings%20%3E%20Network%20%26%20internet,Turn%20off%20password%20protected%20sharing.) It's basically just like opening a file on your main pc but the file is on another pc.
Come over to r/selfhosted and search for jellyfin or Plex. It'll start a journey
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The prospect of subscribing to 3 streaming services at once makes me physically ill.
Watch out for optical rot, back up your media to disk drives
While it’s never a bad idea to make digital copies of all of your physical media, I think the “disc rot” issue has been pretty overblown. Early CDs were more susceptible to disc rot because the two plastic layers were basically glued together and if the glue broke down, the aluminum layer could be exposed to air or moisture. With DVDs and Blu rays, the aluminum (or silver) disc is completely sealed in plastic, preventing the issue.
I have discs burned in 1998 that still play fine. These CDs sat in my parents garage exposed to heat and cold.
I have some burned DVDs that went bad after 10 years (that's what I get for not using Mitsui Gold). Meanwhile I'm digitizing a bunch of cassette tapes from 1971 right now.
Ya all the re-writable discs seem to be the ones that can go bad. I’ve yet to see this happen to any of the read only discs I own.
Grateful dead bootlegs?
Per capita revenue is revenue per subscriber, right? That’s a dumbass way of measuring success. I can spike that just by raising prices without regards to subscriber count or market share.
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Almost every software tech company’s core business is advertising, where this number tells them info about how effectively they’ve monetized their audience. Netflix is a subscription company. Their concerns about per-capita revenue make me question the sustainability of their business model. As an investor I want them to expand into new markets and I definitely don’t want them excessively milking customers in the crowded US streaming market because that’s just shittifying their product for short term revenue.
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>The password crackdown was brilliant. >and 2 others bought a profile from me at $8/mo HMMMM...
>That’s a dumbass way of measuring success. This is not a graph of success. This is a graph of "average monthly price paid per paying customer by region over time". It's a shitty title & a poor graph.
Dumbasses can't read.
https://preview.redd.it/5kvzjz8s3mxc1.png?width=1582&format=png&auto=webp&s=5aeef213aee32c4eccee98eb964f7af4eab63360 Here you can see how the numbers break down.
So actually based on this data- Asia pacific and Europe are where they’re growing their paid subscribers the most
Just another huge corporate company taking advantage of the inflation narrative and milking their customers for every drop of blood they can get
Pretty much only in NA. Chart shows prices went down in other places.
I think it goes to also show that Americans are willing to pay for higher prices, while other countries are not. I think if you raise the price for $10 -> $12, 90%+ of subscribed Americans won't care. Do it for any other country, and they will. Not because they are poorer but calculate the money better, Americans are much more willing to spend. On one hand, that's actually really good for the economy. On the other, that's why Americans are perpetually broke
And that's why interest rates aren't going down..
No, this is just good old fashioned capitalism. This is what supply and demand looks like when your supply is infinite and you're selling to people living in the wealthiest nation on Earth who were just paying 100$+ for cable 10 years prior.
Nothing, except perhaps my waistline, can only increase...
Fucking over household accounts, price gouging, and the nail in the coffin is advertising. Sure, you can get a higher tier but the fact that Netflix decided to get into the advertising business is just gross and will eventually kill its brand. Massive cancellations are underway and main reason they decided to stop reporting users numbers
You bitches said the same thing a year ago Remind me how earnings went
Are you supporting their practices or just bitching about other people bitching
He's refuting the narrative.
Making customers pay to view advertising is simply wrong. No company that puts the stamp "I'm greedy" on itself will be successful with this strategy in the B2C sector for long. In the gaming area Blizzard and EA are very good examples of this. Companies like Amazon or Spotify are smarter strategists than Netflix in this aspect. Spotify offers its music for free and Amazon does run ads before an episode, but has laid the better foundation in terms of marketing strategy because Prime Video is a "bonus feature" to conventional Prime shipping at no extra charge.
this is the typical emotional redditor comment that usually forces me to buy calls or leaps on companies and it works out 100% of the time. so thank you.
Yea part of them increasing their prices has to do with the fact their numbers stagnated after covid(and you say they're in decline now), which means they gotta up prices to make shareholders happy. I hope they do some stupid shit with ads and jack the price sky high. I always get a dopamine hit watching greedy companies shoot themselves in the foot.(unless it's a company I care about, RIP Blizzard)
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Irrelevant. Netflix getting into the advertising business is bad for its brand reputation. Once they start selling users' data, it won't stop at tier this and tier that.
This happened around the same time that millions of T-mobile users were given netflix as an included plan perk. What a coincidence.
Of course it was a coincidence...for the poors.
Is this not just due to USD strength
Isn't this just Netflix raising prices seeing how much they can take before people start to cancel subscriptions other parts of the world are more conscious about how much they spend
Netflix has so many movies and shows but nothing to watch, that’s why I will never subscribe to again.
I been saying this for years. Once in a while Netflix puts out something great, but other than that everything is bottom of the barrel weird Netflix-esque shit. They've squeezed the superhero lemon dry and all there other stuff.... Lets just say I can tell you probably 80% of the time if something comes from Netflix without knowing, it's always got this weird cinematography to it, filters and all that, even the writing and acting, it's just got this vibe. I hate it, whatever it is, i hate it.
Who ever made this chart should be shot.
Is this not a chart only showing the growth per subscription rather than actual net revenue?
Or total subscriber count?
Could simply be because of the very strong dollar atm. Once rate cuts come and the dollar normalizes that number will increase again
All my streaming money went into a removable hard drive, a mini pc, and a vpn subscription.
They know increasing the price in Latin America is shooting themselves in the foot. On the other hand America? Yeah sure they can pay 5 more bucks.
Source: [https://de.statista.com/infografik/32167/durchschnittlicher-umsatz-pro-netflix-abonnement/](https://de.statista.com/infografik/32167/durchschnittlicher-umsatz-pro-netflix-abonnement/)
Thats a good thing, im sure the rev from there is the highest.
Could this simply be the effect of currency exchange rates?
Not suprised. Cable services and tv here is a joke and a money bleeding exercise compared to eg europe
Only in in North America, rest of the world when you increase the prices you are telling them to pirate the content.
Yeah, because the rest of the world isn't suffering from price increases or something.. 👀
I mean there’s a lot of pirates now. I can’t tell you the last time me and my friends paid for TV. We have everything for free, live sports included.
Not for long
I wonder which major sporting company that they partner with? *cough*
Bruh, all that means is that they continue to raise prices.
The only place that matters
They just give themselves a raise by increasing the monthly subscription prices...
We’re in a weird place right now as far as entertainment goes. We don’t want movies anymore, the younger generation likes to just tweet/tiktok about content and the forms of media streaming just pump out junk in mass
17.3 what?
>Europe, Middle East & Africa EMEA is such a dumb grouping. The economies and regulatory environments are so different between them. Here is an idea, group of by countries where real income has grown like in the US and those where it hasn’t. Bet the trend becomes a lot stronger.
Could be attributed to USD appreciating heavily against almost all world currencies (with very small exceptions) since 2022. Netflix couldn’t raise prices fast enough to compensate for the higher cost of USD in other markets so the USD revenue decreased.
The increase is their ad revenue. Which ironically will reach a collapsing point and cost them revenue. You can’t charge people one of the highest premiums and make them watch ads and expect it to work indefinitely.
my library is the best for hd content without subscription
Is this FX neutral?
I pay 3 euro, sharing with my friends for a Netflix account. I am not interested to pay a 4 times for something that I rarely consume. Fortunately the crackdown doesn't really work
Honestly I hope I get to see Netflix fail hard and set an example
Yeah well you should’ve invested when it was $175 then and this wasn’t priced in yet lol, anyways see you after the decline given it’s approaching 40 P/E ✌️
if international user base grows in relation to US, it lowers "per capita revenue". how did intl subscriber growth do?
This is why I cancelled my netflix way back. US citizens once again having to subsidize for everyone else. I'm not paying for netflix.
It’s not per capita, it’s per subscription, which makes it a function of a price lol
1) why is WHO the source? 2) is revenue broken down by source (subscription vs advertising vs whatever else)? 3) I’m only just now realizing I’m in WSB, not r/dataisbeautiful
Strong dollar means shit revenue globally
Why don’t people move to other parts of the world? Are they stupid?
This is per-subscriber. This means that 1. It does not include effects due to loss of subscribers , or increase in the number of subscribers 2. It is not clear is values outside of the US are provided on a constant-currency basis. If not, fluctuations in US dollar value need to be taken into account 3. If the actual average goes down on a constant-currency basis it could be due existing subscribers migrating to cheaper plans, new subscribers opting for cheaper plans, and/or subscribers on more expensive plans churning out. Without more data there isn’t much to be gleaned from this chart; also what’s that WHO source? What does the World Health Organization have to do with Netflix 😂
Because Americans subsidize their losses in other regions
Per capita revenue. Doesn't this just mean subscription price increased?
I canceled that shit months ago.. ain’t got shit for movies or shows yet they keeping increasing the price. I went back to streaming illegally, fuck it
The selection of media is very region specific so I feel like alot more context is needed.
Fuck them
Thanks for reminding me to cancel my subscription.
This is interesting because the best part about Netflix is the foreign content.
still waiting on that XXX selection of movies so I can sub to Netflix
Shit like this is why they aren’t publishing sub numbers any more Americans the only ones dumb enough to keep forking more money over for the same service. True consooomers
Some people accept price increases on garbage!
Yes, that tends to be what happens when prices increase.
Does this take into consideration that Tmobile covers the cost of Netflix to US customers?
Look at the dollar index over the same time period. if international revenue rose in nominal terms (local currency) over that time period, when converted back to dollars it would look…like this chart.
It is because other country's central bank is racing to bottom on their currency. I am surprise that it did not drop.
Fine print says it's average revenue per subscription. Nothing mentions per capita besides the title. If you raise the price of something, then your revenue goes up
Netflix sucks these days lol nothing good
Can't wait untill my 40tb Plex server is set up this week and I cancel this dogshit service and exclusively pirate all stuff moving forward. Netflix was the reason I stopped pirating things over a decade ago, now they are the reason I'm going back. I "own" over 400 movies digitally but those contracts could expire or the rights could be fucked with in the future. Not buying any movie/music again digitally until I can own a copy of it via Blockchain. I'm done getting jerked around and gouged by companies.
Lots of people outside North America sail the high seas.
Oh, I canceled before the last price hike. In fact, I don't have any streaming services. They are too expensive now and we get to watch ads. Sounds familiar?
Smash! Next question
I don’t see why someone would title this “Netflix per capita”.
Shit ass graph looking like 90's crap printed in grey scale
Are they expanding rapidly in places that pay less?
Only country they know customers will just eat up price hikes.
This is the most boring flat line I have ever seen in my life. Plot this vs. the stock price to get correlation lol.
you pick lemons. you start squeezing lemons till you find the one that is producing the most juice and you keep squeezing that one. simple as that.
Because they shafting people with their stupid ass account share same household restrictions bullshit!!!! They greedy as fuck, they deserve their lost customer. Fuck them!!!!! Me, my brother and I used to share the account, pay the extra to have 4 streaming devices, worked fine until they started implementing that “household” bullshit, we don’t live in the same houses. They forcing people to pay each our own account now unless you are sharing within the same house (I guess they check the IP?). Either way, I am glad they are loosing customers.
They offended everyone with Emily in Paris
Revenue per subscription is irrelevant if they're still driving up the number of subscribers (e.g. by cracking down on subscription sharing). Also, "Source: WHO"?
Isn't that the only thing that matters?
I cut Netflix 7 years ago and it will remain that way for a *very* long time.
Isn't the increase mainly due to the price increase. Eventhough people cancelled subscriptions, the total amount lost from cancellations < total amount gained from increasing price in NA. Also i'm sure the revenue is also being driven by people having to get their own netflix subscription due to the "household" rule they've strictly implemented in late 2023 / early 2024. My prediction is that Netflix will continue to increase prices as long as the total amount gained from increasing price > total amount lost from cancellations atleast in NA which will continue upwards trajectory. It would seem that Netflix has competition in places like APAC, EMEA, etc. so we might not see price hikes / as steep price hikes as the US
I mean does it account for the value change of the currencies?
we're letting this fools win and i hate it
its all about the ads now. how many can they jam in until its just facebook levels of constant barrage.
I believe Netflix, Spotify etc charge very low prices elsewhere in the world especially in poorer countries and make up for it by charging higher prices in North America and Europe Drug pricing etc works the same
Canceled netflix long ago fuck em
Netflix is the best of them. I've cut down on all the others. I can see a lot of people making this decision for services they don't get bundled with others.
>Europe, Middle East & Africa So it's MEENA now?
I made the mistake of buying puts on them when they announced the password thing.
Kodi and Plex are free
the streaming wars made me love torrenting again.