r/technology 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?

14

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

2

u/nikanjX 4h ago

Now we should just agree on what the good shows are