this post was submitted on 11 Aug 2023
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Entertainment

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Movies, television and Broadway.

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The TV streaming apps broke their promises, and now they’re jacking up prices (arstechnica.com)
submitted 1 year ago by soyagi@yiffit.net to c/entertainment@beehaw.org
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For a moment, it seemed like the streaming apps were the things that could save us from the hegemony of cable TV—a system where you had to pay for a ton of stuff you didn't want to watch so you could see the handful of things you were actually interested in.

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[–] admin@beehaw.org 4 points 1 year ago

Netflix announced its first subscriber loss in a decade in early 2022, cratering its stock; despite some recovery, it’s still only worth about two-thirds what it was at its peak in late 2021.

That's what you get for jacking your prices too high.