Late Stage Capitalism
A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.
A zero-tolerance policy for bigotry of any kind. Failure to respect this will result in a ban.
RULES:
1 Understand the left starts at anti-capitalism.
2 No Trolling
3 No capitalist apologia, anti-socialism, or liberalism, liberalism is in direct conflict with the left. Support for capitalism or for the parties or ideologies that uphold it are not welcome or tolerated.
4 No imperialism, conservatism, reactionism or Zionism, lessor evil rhetoric. Dismissing 3rd party votes or 'wasted votes on 3rd party' is lessor evil rhetoric.
5 No bigotry, no racism, sexism, antisemitism, homophobia, transphobia, ableism, or any type of prejudice.
6 Be civil in comments and no accusations of being a bot, 'paid by Putin,' Tankie, etc.
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How is revenue up if users are leaving en masse? I would understand if they said profits are up. Are they shoving more ads and raising prices faster than users are leaving? Because Netflix has shown that is unfortunately a viable strategy for a rather long time. Sure, it might eventually kill the product, but they'll get years out of it.
I'm absolutely no expert but if this is in line with other similar services, they make the majority of their money from a very small percentage of users.
There have been multiple companies in the recent past that have gone thru the same or similar path and what they're seeing is an overall drop in users but a rise in subscriptions or subscription revenue.
Long story short, people leave, but the people that stay pay.
Yep. Filtration. 🤮
I know I used to pay. The free version was excellent and I wanted to support it. I don't know how the pay version is now but the free version is terrible. I don't see why new users would join.
All the free users are deleting it.
Some sort of stock/vc chucklefuckery I imagine.