danhakimi@kbin.social to Television@lemmy.world · 9 months agoNetflix Plans Price Hike After Actors' Strike Is Resolved (Report) | TheWrapwww.thewrap.comexternal-linkmessage-square79fedilinkarrow-up1172arrow-down14file-text
arrow-up1168arrow-down1external-linkNetflix Plans Price Hike After Actors' Strike Is Resolved (Report) | TheWrapwww.thewrap.comdanhakimi@kbin.social to Television@lemmy.world · 9 months agomessage-square79fedilinkfile-text
minus-squaredanhakimi@kbin.socialOPlinkfedilinkarrow-up3arrow-down1·edit-29 months agoone of their large investors saying “hey, hike prices” justifies a price hike. A profit reduction equal to .214% of revenue (and other concessions that could hurt the company in other ways) is far more than the amount of justification they need.
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up2arrow-down1·9 months agoI guess your definition of ‘justified’ is much more capitalistic than mine.
one of their large investors saying “hey, hike prices” justifies a price hike. A profit reduction equal to .214% of revenue (and other concessions that could hurt the company in other ways) is far more than the amount of justification they need.
I guess your definition of ‘justified’ is much more capitalistic than mine.