Less than a month ago, Netflix announced a drop in revenue for the first time since its inception, news that took many by surprise, or maybe not.
That’s why Netflix commented that they wanted to increase the cost for those users who share their passwords, and this idea eventually led to the creation of possible plan with ads that will be cheaper.
They also announced that they would work in Fighting password sharingsomething that other platforms have already started working on a few months ago, as is the case with Disney+.
As The New York Times commented, Netflix will speed up this process to try and launch later this year.and thus try to avoid a decrease in recent income as soon as possible.
But that’s what Netflix is gotta do with lead feetbecause tightening measures could further reduce the number of users using its platform, and that wouldn’t be ideal for the company.
That is why a good economic plan, with or without advertising, can be the solution. But also lowering the cost of a subscription could be an ideal option to attract more userseven if it means a potential drop in revenue.
And that’s what Netflix is, and definitely the most expensive online content platform of all, and the appearance of common accounts is clear and obvious. If they take tough measures, but not lower prices, the only thing they can achieve is that those people who decide to pay a single bill and split it, do not even pay it directly.
It’s a delicate situation that Netflix will have to study too much as its subscription price continues to rise, perhaps out of greed. And that’s what it cannot be denied that the content of the platform is exceptionalwith excellent quality and mostly in 4K resolution with lots of HDR content and support for Dolby Atmos and Dolby Audio.
This is a field where today it is difficult to overcome it, but we don’t think it’s enough to have such expensive payment plans like the ones they currently have that border on offensive.
We will be watching how Netflix handles this situation, and hopefully it will take another platform like HBO Max as an example, which achieves exponential increases in user numbers and high accuracy with lower prices.
Source: Computer Hoy
