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Netflix may be losing $192M per month from subscription sharing, cord cutting study claims
- Thread starter Septimus Prime
- Start date
User Banned (3 Days): Admitting to Piracy
The only reason I pirate movies and shows is the stuff I want is not on my region's Netflix, or has staggered release due to outdated broadcast schemes. What Netflix says here, is not piracy but a feature they themselves monetize. What the hell....
Not Netflix, a lot of companies are trying to sell Netflix tech that recognize different users and prevent account sharing but they have to spread the idea that it's bad and hurting Netflix first.
I've seen it name-checked on here quite a bit so it's already on my list of things I need to get round to watching. I'll probably go through it next in case it disappears soon.
Nintendo is losing millions in Nintendo Switch Online due to family plan piracy.
I'm against piracy but I wouldn't call letting a friend use my Netflix account piracy. I mean they are they selling me a 4 streams at a time package what does it matter who's watching.
They sell you 4 streams at a time to members of the same household. It's pretty clear in the T&Cs.
I do expect Netflix to crack down on this eventually. The business isn't sustainable as is, so they need to do more things to increase revenue.
They damn well wish they could prove that a shared account equals a lost sale. And that's all it is: a wish born from greed.
In a world with unlimited media options, people who can't piggyback on someone else's services could look to a hundred other sources for entertainment.
"Piracy." The nerve of these corporate assholes. They wouldn't be satisfied even if they could tax people for every millisecond their eyeballs are aimed at a screen.
In a world with unlimited media options, people who can't piggyback on someone else's services could look to a hundred other sources for entertainment.
"Piracy." The nerve of these corporate assholes. They wouldn't be satisfied even if they could tax people for every millisecond their eyeballs are aimed at a screen.
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What a dumb as fuck article.
1) I thought the dumb "money lost to piracy" argument had died about a decade ago, nice to see it's still around and dumb as ever.
2) What they are describing is in no way piracy.
1) I thought the dumb "money lost to piracy" argument had died about a decade ago, nice to see it's still around and dumb as ever.
2) What they are describing is in no way piracy.
"Loosing"
"Piracy"
This is as much bullshit if not worse than blaming used game sales for losses
"Piracy"
This is as much bullshit if not worse than blaming used game sales for losses
On one hand, Netflix can go against users who share their $10.99/month with family members outside of their household, and close their accounts, losing money in the process.
Or they can ignore the problem and not shoot themselves in the foot.
It's a catch-22 situation but I'm glad Netflix is making the more sensible choice these days.
Or they can ignore the problem and not shoot themselves in the foot.
It's a catch-22 situation but I'm glad Netflix is making the more sensible choice these days.
Since I don't have Netflix, my brother logged into his own Netflix account on my TV when visiting, then said I could use his account after he'd gone home, since his account allowed use on multiple devices simultaneously.
I had no idea that this was regarded as piracy.
That said, I never used it anyway; I got better things to do than watch Netflix.
I had no idea that this was regarded as piracy.
That said, I never used it anyway; I got better things to do than watch Netflix.
As is, they just had their best year ever with over 1 billion net income with their current model, would really love to know which part of this business is unsustainable!
Shared accounts makes their service affordable even in third world countries, which have been a huge part of their growth in recent years. If anything, it's making Netflix more tempting than piracy for a lot of a lot of people.
It's only called piracy because you're losing. If you were winning, you'd call it a family plan which is what it actually is.
I got Netflix and Hulu and prime . With a firestick for everything else to stream. I got everything I need.
I thought they were going to say that there was a rise in capture devices pirating Netflix exclusive series and movies but instead I see they are clutching straws.
a) It's not money lost if they were never gonna own an account in the first place
b) But yes, I share my Netflix account with my brother, sister and dad lmao
b) But yes, I share my Netflix account with my brother, sister and dad lmao
That's how gross capitalism is. We describe unearned money as lost.
i have the two user netflix plan, and three other people very regularly use the service. they have their own profile on the front screen and none of them live in my house
i've always thought that as big as netflix is, they still lose out on a huge amount of revenue by being this relaxed
i've always thought that as big as netflix is, they still lose out on a huge amount of revenue by being this relaxed
It's unbelievably dumb. Turns out I lost my massive house and car yesterday, also lost my 10 billion pound bank account.
Netflix and Prime are the only ones I pay for; everything else is account shared. I wouldn't consider that piracy though.
Netflix took out $3 billion in long term debt securities last year.
Including said securities Netflix has been running deeply in the red for a while, and worryingly, spending it on operating costs (obtaining content licenses) rather than capital investment.
Netflix's terms for shared accounts say you can only do it with other people resident in your household.
You are in breach of the terms by doing otherwise and don't really have any more copyright permission to view the content than torrenting it.
I use my sisters Netflix, if i didnt use hers i wouldnt pay for it since i dont care much about most of the content there. only watch it a few times a month. She uses my prime video, and my Amazon account for free shipping.
Streaming services are just going to lose more and more money everytime a new one pops up. Who really want to pay for 10 of them when they can just pay for 1 or 2 and share them with others and vice versa. and everytime a new one comes along Netflix loses more content.
Streaming services are just going to lose more and more money everytime a new one pops up. Who really want to pay for 10 of them when they can just pay for 1 or 2 and share them with others and vice versa. and everytime a new one comes along Netflix loses more content.
I'm not entirely sure they are losing anything, most people I know that share accounts do it because they don't want to pay so much alone... and they likely wouldn't
At some point I'm not going to pay for a million scattered accounts to watch shit. I'm just not going to watch shit.
At some point I'm not going to pay for a million scattered accounts to watch shit. I'm just not going to watch shit.
Is that so? Thanks for clarifying that for me.
I just find it hard to believe that falls under the "piracy" territory, and the definition is being contorted for this narrative.
No, this is about sharing the account outside of the household.
ResetEra might as well just ban discussion of piracy if people are going to get banned for posts like this. Unless it's just supposed to be a circlejerk of how piracy is bad.
By significantly less than they increase spending every year for the last few years.
Netflix needs to reach a $30 ARPU in the next few years to approach breakeven. Or radically increase subscriptions in all territories when they're beginning to reach saturation point in many, so the only way to do that will be to change business model.
I'm actually surprised the streaming services don't come down harder on account sharing. I pay for Fios, Hulu and Netflix, however I use my parent's HBO account to access HBO go. There has gotta be a way to limit my ability as someone who lives 3 hours away from my parents to use HBO Go on my TV. But HBO lets me do it, so I do.
I just wouldn't use HBO if they got rid of my access so there is some credence to the idea that everyone who mooches wouldn't necessarily get their own subscription if they lost access to their mooching account.
I just wouldn't use HBO if they got rid of my access so there is some credence to the idea that everyone who mooches wouldn't necessarily get their own subscription if they lost access to their mooching account.
Well I mean, you obviously shouldn't say "Hey I pirate content" at all on here even though I can see his point in already running shows not being on there week by week and people watching fansubs for animes.
Do people also get banned here for saying that they take illegal drugs?
