The streamer has already phased out the cheapest ad-free subscription option for new signups.

Netflix Hints at Price Increases, Plans to Retire Basic Service Amid Ad-Tier Growth::Netflix says subscriptions to its ad-supported service grew by 70 percent in the fourth quarter of 2023.

    • prole@sh.itjust.worksEnglish
      6·
      11 months ago

      It’s called rent-seeking. There’s already a well studied term for the phenomenon. I’m happy that young people are starting to recognize it, but this isn’t anything new. This is how capitalism works.