I am cancelling Netflix and you must too

It seems like simply yesterday Netflix was elevating its subscription costs, or possibly it is as a result of each different service is elevating its costs. They’re all claiming that it prices some huge cash to do what they do and that these value will increase solely serve to supply customers with a greater service, all of the whereas they’re discovering methods to place advertisements in each doable spot earlier than, throughout, and after applications.

Certainly the explanation Netflix is elevating costs has nothing to do with it spending cash on dangerous motion pictures, inexplicably investing in games, or offering extreme payouts for its CEOs.

Subsequently, the time has come, after a few years attempting to defend the service, to lastly sign off and unsubscribe for good. There isn’t any finish to the value will increase, and with nothing to cease Netflix from persevering with to line the coffers of its leaders, there isn’t a cause to assume the service is now or will ever be price it. Here is why.

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There’s all the time an excuse to boost costs

Hikes will carry on coming

In fact, all of that’s lies. They only need more cash, and they’re assured that everybody will simply cope with it as a result of nobody will push again. There’s a large effort by all streaming companies proper now to get individuals used to advertisements once more (bear in mind cable?) and to normalize spending some huge cash on leisure. They’re all going to maintain on doing it so long as we preserve agreeing to pay. So we now have to cease.

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Netflix has lots of new subscribers

Viewers signed up for stay occasions and fashionable collection

The most recent value hike comes on the heels of a report variety of additions to its membership. Following a few months of high-profile stay programming, together with an uninspired and far hyped boxing match between Mike Tyson and Jake Paul, in addition to two NFL video games on Christmas Day, considered one of which included a halftime Beyoncé live performance, Netflix acquired much more eyeballs and subscribers.

All of that results in 19 million new subscribers within the final quarter of 2024 for the worldwide streaming large, bringing its whole to 302 million around the globe. It is telling; Netflix could be very clearly glad to reel in new prospects with some flashy occasions, after which instantly flip round and lift costs on them.

Not like different media firms, Netflix does not care about loyalty. It does nothing to reward those that have been with them for a very long time. You are not going to get something if you happen to threaten to depart, as a result of Netflix does not even faux to care about you.

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Netflix leaders make some huge cash

CEOs do not deserve their huge paydays

At a time when a lot in everybody’s lives prices a lot, and when there may be rightfully lots of vitriol in direction of CEOs who’re making absurd quantities of cash and doing nothing good or artistic with it, it is price Ted Sarandos. In 2023, the co-CEO made $49.8 million; tragically, it was down from his earlier 12 months’s payout of $50.3 million. Everybody has to make sacrifices, I assume.

Greg Peters grew to become the opposite co-CEO at Netflix in January 2023; he made $40.1 million that 12 months. It is fairly exhausting to reconcile value hikes throughout all streaming companies when the CEOs are making some huge cash. Particularly when they’re all turning again to the outdated shopper leisure mannequin of making a living from commercials and commercials. Modern, certainly.

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This streaming service is a waste of money

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Unique content material is messy

Empty blockbusters take up house and cash

Netflix gives a ton of various programming, which is a part of its attraction. From actuality reveals to Okay-dramas, consolation sitcoms and 2000s status reveals, and lots of authentic content material from around the globe, there’s something for everybody at Netflix. However the way in which it allocates cash for various initiatives is price a little bit of pause. Netflix has been fairly clear that it has a refined system that determines whether or not TV reveals ought to be reviewed and how one can go about creating high-profile motion pictures, and it does not have something to do with high quality.

Most notably, Netflix spends some huge cash on toothless, senseless motion comedies starring A-listers in roles the place they’re principally enjoying themselves. All of them have generic titles, all of them have dangerous writing, and they’re all a colossal waste of cash. Mark Wahlberg, Dwayne Johnson, and Ryan Reynolds characteristic quite a bit in these motion pictures. Pink Discover, The Union, Again in Motion are all just about the identical factor, and all meant to be placed on the TV so that you just’re not watching one other service or fascinated by what a waste of money and time Netflix actually tries to be. They are not good, they’re simply filler.

I’ve been a Netflix subscriber for a very long time; I used to be round when its solely authentic programming was Orange is the New Black, Home of Playing cards, and the embarrassingly dangerous Hemlock Grove (it is now buried deep down within the recesses of the service). However sadly, all good issues should come to an finish. With rising prices and an emphasis on making senseless content material to maintain viewers caught on Netflix, it is time to cancel and transfer on.

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