this post was submitted on 25 Jan 2024
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Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ
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And yet, they got 13 million new subscribers last 3 months
What they don't advertise is how many of those "new" subscribers are actually from their "emerging" markets such as India, where a subscription price is peanuts. Also, im fairly certain these numbers are intentionally skewed to paint a better picture as they lump in all the "free" accounts people get with their other subscriptions.
I get Paramount+ free with Walmart+. I get Hulu/Netflix/AppleTV with Tmobile Mobile. I get Max with ATT Fiber.
I'm sure that these streaming companies have more new subscribers when they literally give it away and simultaneously strangling their existing consumers. It's more of a question of how long is it sustainable for them to raise prices every time they're not going to have a record quarter.