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Netflix is starting to raise prices in some countries as growth spurred by its crackdown on password sharing starts to fade.

The film and TV streaming giant said it had already lifted subscription fees in Japan and parts of Europe as well as the Middle East and Africa over the last month.

Changes in Italy and Spain are now being rolled-out.

In its latest results, Netflix announced that it had added 5.1 million subscribers between July and September - ahead of forecasts but the smallest gain in more than a year.

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[-] DdCno1@beehaw.org 12 points 16 hours ago* (last edited 16 hours ago)

In the real world, communism also suffered from the mandated growth problem, as well as a long list of other issues that some people still like to pretend solely exist under capitalism and some serious problems that are exclusive to this system. Yes, it is actually bad, with and without Cold War propaganda making it sound both worse and better than it actually was. It failed everywhere for a reason.

This doesn't mean that there aren't real issues with capitalism as well. So far, the best system we've come up with as a species is heavily regulated capitalism with strong social safety nets. Not perfect, but nothing is on this rock.

this post was submitted on 18 Oct 2024
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