Shocking, the pandemic may have inflated the subscriber counts for them. Of course rather than see that and switch to a stable stock, they just have to have infinite growth, even though that’s ridiculous post pandemic
It was a glimpse into revenue they were desperately trying to achieve again but almost never will despite every lie about why they have to increase pricing.
Streaming customer growth has plateaued. So they are increasing prices to try to increase revenue — because people are too lazy to cancel.
https://www.forbes.com/sites/zacharyfolk/2024/02/27/streaming-service-growth-halved-in-2023-but-customers-still-return-after-canceling-subscriptions/
Shocking, the pandemic may have inflated the subscriber counts for them. Of course rather than see that and switch to a stable stock, they just have to have infinite growth, even though that’s ridiculous post pandemic
It was a glimpse into revenue they were desperately trying to achieve again but almost never will despite every lie about why they have to increase pricing.