danhakimi@kbin.social to Television@lemmy.world · 1 year agoNetflix Plans Price Hike After Actors' Strike Is Resolved (Report) | TheWrapwww.thewrap.comexternal-linkmessage-square36fedilinkarrow-up1162arrow-down13file-text
arrow-up1159arrow-down1external-linkNetflix Plans Price Hike After Actors' Strike Is Resolved (Report) | TheWrapwww.thewrap.comdanhakimi@kbin.social to Television@lemmy.world · 1 year agomessage-square36fedilinkfile-text
minus-squaredanhakimi@kbin.socialOPlinkfedilinkarrow-up2arrow-down1·edit-21 year 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-up2·1 year 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.