Netflix, Are You for Real?
In a world where inflation seems to be the new trend, Netflix, not to be outdone by the price of avocados, has decided to raise its prices for the second time this year. In a letter to shareholders, the streaming giant announced that starting Oct. 18, the price of its basic plan will rise from $9.99 to $11.99, and the premium ad-free plan will jump from $19.99 to $22.99 for users in the U.S., U.K., and France
Understandably, customers were upset about the news — with many deciding to cancel their subscriptions altogether. At this rate, we might need to start forming neighborhood Netflix clubs and pooling resources to afford a shared subscription, commenters said in a Reddit thread. But wait, they won't let us do that either.
"They call it a crackdown as if we were doing something wrong," writes one user, "Yet for years their policy was to 'share with a friend'." From outrage to disappointment, here are the top 10 comments from frustrated Redditors over Netflix's continued price hikes. Is it greed or is it justified? What do you think?