Netflix to start cancelling inactive customers’ subscriptions
- Thread starter bnew
- Start date
They better than me because if u not watching your accounts to not pay for something you ain't using then let me get that...and this coming from a nikka that give them 15 a month and I watch all they programs on the the stick.
They're probably looking to revise their subscriber base to truly understand who's using their platform and what their preferences. While getting the cash is good, having a sizable but inactive user base for them doesn't give them the data points needed to tailor their original programming.
EDIT: There's definitely a PR element to it. Especially if it's just a couple 100 thousand.
NotAnFBIagent
[redacted]
Give up free money brehs
Netflix is worth more than Disney now. They are basically dancing in the end zone
That's surprising but maybe not.
Well as far as streaming services go its not. I think Disney rushed their stuff and really didn't have anything worth watching other than Mandalorian. I think that and some documentaries was pretty much it as far as original content. The nostalgia factor and huge selection of stuff for kids that our generation grew up on and can pass it down to the kids might have been a big draw for them. That plus the Hulu and ESPN bundle which I wonder what the breakdown of single vs bundle accounts is. I also wonder what the breakdown for netflix accounts is. This covid thing sure didn't help them especially with not being able to film new content, plus the parks being closed hurting their revenue. Which I think they needed since I believe I read that Disney+ cost them a lot and they were relying on other revenue streams to make up for it.
///Vega+++
All Star
Like others said obvious PR move but hey it's part of the game
Netflix is worth more than Disney now. They are basically dancing in the end zone
Maybe in invisible NASDAQ bucks, but in reality? No. Disney has billions in tangible assets.
Saysumthinfunnymike
VOTE!!!
TheGodling
Los Ingobernables de Sala de Cine
The fact that this is probably the most customer friendly action subscription service can do and folks are talking about PR moves just shows how fukked up capitalism has gotten. Customers used to be king and now we're happy with companies giving us scraps.
Great move on Netflix’s part. The actual amount of subscriptions canceled will probably be little but this kind of customer service will help them separate from the oncoming barrage of streaming platforms.
Great move on Netflix’s part. The actual amount of subscriptions canceled will probably be little but this kind of customer service will help them separate from the oncoming barrage of streaming platforms.
You have no idea how important equity is I guess
It's great until the stupid, panicky investor crowd hears enough "Netflix isn't making a profit and won't for years" stories then divests.
This is the same shyt that happened with Amazon, they were allowed to operate at comical P/E or losses for probably 10+ years while being propped up by Wall Street investors until they could establish a monopoly.
Saysumthinfunnymike
VOTE!!!
Amazon and Netflix are both at all time highs and with the stay-at-home economy we are in.. they are just going to continue to grow.
Yeah, check out Netflix's PE ratio though, almost 6X the average. And they're business model is in full effect. It's not like they're giong to destroy every other streaming service out there a build a monopoly. But Wall Street is going to keep throwing money at them because of the brand.
Saysumthinfunnymike
VOTE!!!
Amazon's P/E ratio is 116 which is 6x higher than the average company in the S&P and it's still just going to continue to grow IMO
iceberg_is_on_fire
Wearing Lions gear when it wasn't cool
We don't need dead nikka's money
We don't need inactive subscriber money
We good over here
Stuntin at a high level.