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All the ways streaming services are aggravating their subscribers this week (arstechnica.com)

submitted 7 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world

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Below is a look at the most exasperating news from streaming services from this week. The scale of this article demonstrates how fast and frequently disappointing streaming news arises. Coincidentally, as we wrote this article, another price hike was announced.

We'll also examine each streaming platform's financial status to get an idea of what these companies are thinking (spoiler: They're thinking about money).

Netflix starts killing its cheapest ad-free plan in June

Sony bumps Crunchyroll prices weeks after shuttering Funimation

Peacock is raising prices

Fubo cuts 19 channels

In a seemingly desperate push, many streaming services prioritize revenue and profits ahead of building the best streaming service for customers.

We could go on about how this might force people to reconsider their subscriptions, but we should publish before another service makes yet another policy change.

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[–] Rakonat@lemmy.world 5 points 7 months ago

Greeding corporations saw something was popular and profitable 10 years ago and are now doing everything they can to take a slice of the pie and get their fingers it. With more hands in the pan, there is less pie to go around, so they squeezing every last dollar they can out while lying to consumers about why. The income on these ventures is so laughably high and many production costs of the few original programming offered so low that they could cover everything on 5 dollars a month if not less. But if they did that they couldn't give their executives million dollar bonuses, which is the only reason they are in the business.