Disney is raking its customers over the coals with a 75% price hike for their annual subscription (originally $80.) People wonder why piracy is on the rise.
this post was submitted on 17 Oct 2023
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I wonder what's gonna happen when people stop paying for these streaming platforms when its obvious the juice isn't worth the squeeze?
We'll they're screwed because they can't drop the cost to fix it. If they drop the price their revenue immediately dips by the same amount.
Yep, it's a vicious circle. We are seeing the streaming services literally eating themselves for (very) short term profit.
I’m okay with that. The golden streaming age was when there was one platform that had virtually everything available (early Netflix) for a fair price. That was also when many people gave up on piracy, because the availability and convenience was the same, and the price was fair as well.
Ideally this short sighted greed decimates all those streaming services again, collapsing all those spread out shows and movies into a convenient and affordable platform like it used to be.
At least music streaming services have largely avoided this walled garden crap, most of them have the same range and selection of artists and music available as the others because making music exclusive works even less than for shows and movies. Notably this has also helped to avoid undue price spikes because good competition is ensured.