this post was submitted on 03 Oct 2023
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Netflix is planning to raise prices… again (www.theverge.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 4 points 1 year ago* (last edited 1 year ago)

You really bought into the entire PR material here. What makes you think the extra profits are going to go to staff? That never happens. Instead it grows the company profits so the shareholders gets richer.

Every company, specially in the US, are keeping their salaries low so the company can make higher profits.

Netflix profits last year was 3.5 billion dollars, and that was one of the bad years.

https://www.macrotrends.net/stocks/charts/NFLX/netflix/gross-profit