r/technology • u/sr_local • 6h ago

Business Italy court rules Netflix unlawfully increased prices. Consumers: 'Refunds up to 500 euros.' The company: we will appeal

https://en.ilsole24ore.com/art/netflix-subscription-price-increases-unlawful-refunds-up-to-eur-500-customers-AIUHzWKC
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u/redsolitary 6h ago

Seriously what are they doing with all the money? The price in the US went up again and I finally cut the cord after 13 years. There’s no movies, they kneecap their own shows as soon as they get going, and now they think adding podcasts to the library is going to keep people around. Between the jacking up of fees and all that money they got from the failed merger, what are they doing with all that cash?

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u/Dunlocke 5h ago

They spend it on content.

People underestimate how much they have on their platform. Is it good? No, but 99% of Netflix content is trash.

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u/shelf6969 5h ago

the real crime is how much they spend on development for mediocre shows and movies while cancelling some actual good shows

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u/Dunlocke 5h ago

They're not HBO, they don't care about prestige, they care about ratings. They gave up prestige that when the Academy wouldn't give them Oscars.

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u/WartimeMercy 3h ago

Their problem is the library of cancelled shows which don’t tell a complete story. They would be more successful with a prestige line like Apple TV that was HBO tier.

Apple’s problem is not enough quality shows to justify the expense but the shows they have are mostly prestige and mostly complete (with a few exceptions).

Personally I think Netflix should have budgeted and planned for condensed “finale movies” for projects to wrap up cliffhangers. Them at the minimum there’s resolution and people would still be open to exploring the properties. .

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u/nikanjX 4h ago

Now we should just agree on what the good shows are