this post was submitted on 18 Oct 2024
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Technology

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Netflix raises prices as password boost fades (www.bbc.com)
submitted 1 month ago by fine_sandy_bottom@lemmy.federate.cc to c/technology@beehaw.org
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Netflix is starting to raise prices in some countries as growth spurred by its crackdown on password sharing starts to fade.

The film and TV streaming giant said it had already lifted subscription fees in Japan and parts of Europe as well as the Middle East and Africa over the last month.

Changes in Italy and Spain are now being rolled-out.

In its latest results, Netflix announced that it had added 5.1 million subscribers between July and September - ahead of forecasts but the smallest gain in more than a year.

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[–] orcrist@lemm.ee 6 points 1 month ago

That's generally false. But even if it's true, all the boss has to do is argue that medium-term profits will be generated by whatever policy they want to adopt. Since nobody knows the future, they might be right, and they're legally rock solid.

In other words, the duty to increase value produces unfalsifiable policy claims. So it is meaningless.