Just one reason their stock price is down. They no longer report subscriber numbers — you can probably guess why. It’s strange to me that a public company can just hide data from investors that might reveal when a company isn’t doing so hot.
It’s also stupid they would clamp down like this on ad-supported plans. Advertisers want eyeballs, and this means less of them. Reminds me of Reddit moving to a log-in only model.
I will never understand investors. Anyone with half a brain can put two and two together when a company starts hiding anything. Investors have no idea what they’re doing, they just trust the customer will make them money, get angry when they’ve been duped, and will do it again.
Considering how many streamers are encouraging people to sign up for the ad-supported plans, I think they’re making more money from the ads. Of course, they’re double-dipping just like the cable companies used to do. Charging for a subscription, and then making even more money by showing you ads. The OP’s screenshot is like how they used to charge for each cable descrambler box in a home. Wanna watch in both the bedroom and the living room? Pay up!
the biggest reason is, them cancelling too many shows too soon. after 1-2 season, the show ceases to ecist. 3 if you are lucky and its thier way of forcing its end.
blood of zeus, sandman(eventhough its mostly finished, it felt like it wash rushed and cheaply made.) castlevania is one of the ones they kept around longer, who knows when nocturne will get renewed? the show isnt as good as the first series, albeit they have some foreshadowing for season 3.
They aren’t stopping reporting subscriber numbers, what are you talking about? They’re dropping from reporting it twice a year to just once a year. Annual growth is really all that matters after all. What matters far more is revenue, profit, and cash flow - all of which are still reported regularly.
Stock prices falling after earnings calls is basically the norm because no matter how well they go, even beating expectations, some people wanted more - and you can’t ignore the market manipulation by big players who try to manufacture drops so they can increase their position. Spook people to sell and drop the price so they can buy more at a reduced price.
Netflix need or exceeded their targets as they have basically every single time for years. Their revenue grew double digits, their margins are getting healthier, and their viewing hours increased.
Advertisers want eyeballs, and this means less of them. Reminds me of Reddit moving to a log-in only model.
Not sure if you’re being rhetorical, but I’ll answer anyways. The reason Reddit wants you to log in is to better track you, no duh. The reason that makes them more money is because better data means better ad targeting, and better ad targeting can be translated to results like a better click through rate. When a platform has that, they can incentivize more advertisers to spend more money on their platform.
That way, each time they sell an ad, that ad can be more expensive. It’s undeniable that demanding logins will be bad for the number of ads they sell, but if they can sell higher quality ads, they’ll make more money at the end of the day.
This whole thing is the core driver behind privacy being eroded at scale, because ad targeting has proven effective, and so advertisers want to advertise on the platform with the best targeting. So everyone wants to spy on their users the best and build the best targeting.
Exactly this. I had Netflix for a while and didn’t pirate for like, 5 years. Then they started cranking up the price, dramatically reducing available movies including old movies that I wanna rewatch, and telling me my family is not allowed to use the product I purchased. So fI just stopped and went back to the high seas with a renewed passion for making my own media library as extensive as possible, and giving access to friends, family, anyone remotely trustworthy.
The point is the almost guaranteed speed. With a debrid service I can stream and watch a 4K BluRay remux immediately with Stremio + Torrentio, no waiting, no buffering, no hitches. Sure a new or popular movie will work well without debrid but a lot of times older movies don’t stream well without a debrid especially high bit rate files.
Instead of torrenting on my ISP network or paying for a VPN, I pay for a debrid and they give me a high quality fast link to download without torrenting.
Ironically, I’ve been finding myself using Netflix again after years (stayed subscribed for the wife and MIL) to watch One Piece, a show about pirates, since I can access it at work and also because they skip both the intro and recap unlike Plex which only skips the intro.
I cancelled my Netflix several years ago literally the very first time I got an error that too many people were watching or a screen wasn’t authorized or whatever the specific “you can’t share your account anymore” error was at the time.
The fact that account sharing was tacitly allowed was literally the only thing keeping the value proposition of having the account afloat.
Same here. I barely used Netflix and was only paying the bill because I shared the password with family members and didn’t want to cut them off.
Once they started being weird about account sharing, there was no reason to keep paying the bill. I was on the top tier too, because they said you could play on 4 screens at once, and I figured it was fair to pay extra since I was sharing the account.
Nobody in my family complained so it’s likely they weren’t really using it either. So instead of a top-tier account being shared among a bunch of people that didn’t really use it, they get nothing.
Been a Netflix subscriber since the early days. Talking getting DVDs in the mail, 3 at a time, watching all sorts of crazy shit, back when they let you have a profile where you could personally 5-star rate and even leave a review for movies you’d watched. Me and a friend got competitive about it, would watch movies all the time, rate and review them, we easily had lists into the 800-1000 range.
Then they deleted all of it with no warning.
But I kept with it, because although I pirate a lot, I still like the convenience of not having to download all the stuff on there, and there’s still some decent releases. And I share my account with my ex-wife, so she doesn’t have to pay for it. And then when I’m on vacation, usually there’s a smart TV or whatever and I can log on to keep watching whatever series I happen to be on at the moment (right now it’s Stargate SG1).
But the other day I got a warning about how I’m using a different device, and I had to double authenticate and reenter passwords to “allow” me to watch from my personal computer… and it made my blood boil. Shut the FUCK UP netflix, you dumb mother fucker. I’ll watch the service I fucking PAY FOR, on my OWN FUCKING DEVICE, WHENEVER I FUCKING WANT TO.
One more blood boiling moment and I’ll just cancel their bullshit all together. I have a gig internet connection, I can just download shit crazy fast, I don’t fucking need you anymore netflix. you forget that the slight convenience of not downloading things is the ONLY reason you exist. Stop being convenient, stop being used.
Their content has quickly become shit tier. Every new show seems like an attempt to check as many boxes as their hits from over five years ago. Spreadsheet programming. That or low budget docuseries.
But that’s programming everywhere now. Who woulda thought that consolidating the entire entertainment industry into three players would have negative consequences.
I pay for a number of concurrent streams, so “too many at one time” is a legitimate thing. What I disagree with completely is that they want them all in one house. If I pay for 4 streams, they ought to be able to be anywhere. Because I paid for 4.
The stress test I did had 6 transcoding streams going on my Emby server with an Intel Arc A310, without breaking a sweat. It never has more than 3 streams going at a time in normal usage though so I stopped testing at 6.
Cancelled last week when I realized that I watch it almost never, the content I did consume was essentially filler, and the price was double what I originally subscribed for. I haven’t picked anything else to replace it yet but I think it’s finally reached the point that they are worse than the competition by a significant enough margin to matter. They really burned a lot of innate advantages. Thank you Mr. Doctorow for the correct terminology to address the situation!
I cancelled for similar reasons years ago. My wife noticed immediately and reinstated the account under her credit card. I guess she likes their brainrot.
This is coming from a person with a Plex lifetime pass for the last 15 years. Fuck Plex and their greed.
I was on the same boat as you, but this year I switched to Jellyfin and could not be happier. It actually feels smoother for me than Plex. Also there are a pot of little quality of life improvements which did not work on Plex for me, like always auto loadng subtitles in my language of choice.
This is me when they finally take down piracy and I just can’t get the media anymore, since I refuse to give them a cent. I know I’ll adapt, and probably be better off for it.
This is a problem of their own making having started off so lenient with account usage. In the end, it’s their house and their rules though. Deal with it or set your sails.
I continue to be glad I’ve not paid for a streaming service, cable, satellite, or any other tv/media service in the entirety of my life.
My mother stopped paying for satellite tv in like 2014ish, my sister stopped paying for Netflix in 2019, and I’ve provided an Emby server with an Ombi and arr stack based requests system to my whole family since 2017.
Those services have done more than enough to prove they don’t deserve my money.
You’d still be downloading Torrents which isn’t possible or preferable for everybody.
A good solution is to add a cheap debrid service that acts as a downloader+cache for the torrents and serves them to you at gigabit speeds. Torbox has a $3/month subscription that would already make your experience extremely good.
I should’ve mentioned that, but any of the guides for the 5-10 min setup include them.
Prob the only real effort in it is checking which one works best in your region. They all do, but some have better bandwidth than others.
Keep in mind too, my solution is the “your grandma can cancel her subs and do this right now in a few minutes” deal for the loungeroom telly. Set it up recently for my Aunt, catching up for lunch, along with SmartTube. A few months before, installed an adblocker extention. Life changers.
An easy way to get somebody a good Stremio setup is to make them an account and do the addons up front. With AIOStreams it’s even easier because it’s just a single addon and you can manage it remotely.
After more than a decade with them, with the little use we hadand they just kept increasing prices every year, so I decided to give them the flick, and we are not missing it.
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Just one reason their stock price is down. They no longer report subscriber numbers — you can probably guess why. It’s strange to me that a public company can just hide data from investors that might reveal when a company isn’t doing so hot.
It’s also stupid they would clamp down like this on ad-supported plans. Advertisers want eyeballs, and this means less of them. Reminds me of Reddit moving to a log-in only model.
https://www.fool.com/investing/2026/07/15/with-netflix-down-45-from-its-highs-viewer-engagem/
https://www.businessinsider.com/netflix-engagement-data-earnings-subscribers-stock-wall-street-2026-7
I will never understand investors. Anyone with half a brain can put two and two together when a company starts hiding anything. Investors have no idea what they’re doing, they just trust the customer will make them money, get angry when they’ve been duped, and will do it again.
Not all investors are in it for the long run. Some just expect a short boost or go short betting on a loss.
In this case, the ads are probably bringing in less per viewer than the service costs, so having non-paying viewers is still a net negative.
Clamping down on this is probably a worse negative in the long run, but investors only care about this quarter.
Considering how many streamers are encouraging people to sign up for the ad-supported plans, I think they’re making more money from the ads. Of course, they’re double-dipping just like the cable companies used to do. Charging for a subscription, and then making even more money by showing you ads. The OP’s screenshot is like how they used to charge for each cable descrambler box in a home. Wanna watch in both the bedroom and the living room? Pay up!
It’s just greed.
the biggest reason is, them cancelling too many shows too soon. after 1-2 season, the show ceases to ecist. 3 if you are lucky and its thier way of forcing its end.
One of the reasons I stopped watching Netflix shows was because all the ones I got invested those were cancelled just after one season.
blood of zeus, sandman(eventhough its mostly finished, it felt like it wash rushed and cheaply made.) castlevania is one of the ones they kept around longer, who knows when nocturne will get renewed? the show isnt as good as the first series, albeit they have some foreshadowing for season 3.
They aren’t stopping reporting subscriber numbers, what are you talking about? They’re dropping from reporting it twice a year to just once a year. Annual growth is really all that matters after all. What matters far more is revenue, profit, and cash flow - all of which are still reported regularly.
Stock prices falling after earnings calls is basically the norm because no matter how well they go, even beating expectations, some people wanted more - and you can’t ignore the market manipulation by big players who try to manufacture drops so they can increase their position. Spook people to sell and drop the price so they can buy more at a reduced price.
Netflix need or exceeded their targets as they have basically every single time for years. Their revenue grew double digits, their margins are getting healthier, and their viewing hours increased.
Stranger Things finally ended and the price for no ads went over $20 per month. That’s what made me finally quit.
Not sure if you’re being rhetorical, but I’ll answer anyways. The reason Reddit wants you to log in is to better track you, no duh. The reason that makes them more money is because better data means better ad targeting, and better ad targeting can be translated to results like a better click through rate. When a platform has that, they can incentivize more advertisers to spend more money on their platform.
That way, each time they sell an ad, that ad can be more expensive. It’s undeniable that demanding logins will be bad for the number of ads they sell, but if they can sell higher quality ads, they’ll make more money at the end of the day.
This whole thing is the core driver behind privacy being eroded at scale, because ad targeting has proven effective, and so advertisers want to advertise on the platform with the best targeting. So everyone wants to spy on their users the best and build the best targeting.
It’s also easier to control scraping by requiring an account.
Who remembers netflix’s “Love is sharing a password.” tweet?
Love is sharing good torrent trackers.
Or usenet indexer.
Can you love me an invite? :)
Exactly this. I had Netflix for a while and didn’t pirate for like, 5 years. Then they started cranking up the price, dramatically reducing available movies including old movies that I wanna rewatch, and telling me my family is not allowed to use the product I purchased. So fI just stopped and went back to the high seas with a renewed passion for making my own media library as extensive as possible, and giving access to friends, family, anyone remotely trustworthy.
Ya’ll are still paying for this shit? LOL.
I pay for Netflix and share with my sister in laws family and they pay for Hulu and Disney plus. Good trade off imo
Stremio + torrentio addon and Alldebrid. Just 3 bucks a month.
What’s the point of debrid of you have torrentio? It seems to have basically everything.
I’ve never fully saw the value of debred, maybe I’m missing something.
The point is the almost guaranteed speed. With a debrid service I can stream and watch a 4K BluRay remux immediately with Stremio + Torrentio, no waiting, no buffering, no hitches. Sure a new or popular movie will work well without debrid but a lot of times older movies don’t stream well without a debrid especially high bit rate files.
Instead of torrenting on my ISP network or paying for a VPN, I pay for a debrid and they give me a high quality fast link to download without torrenting.
None of that is a good trade off when you’re giving money to those shit companies.
I pretty much have every major streaming service and cable. I’m a sucker for tv content
It’s ok if you want to pay and share with others. Some people here are just a bit too extreme.
I pay only for Canadian services, the rest is from the sea, it’s MY way to do it.
Absolutely nothing wrong with that, I used to hit the high seas heavily
To be fair, too many people are using your account. 0 people should be on it.
my thought exactly:)) 1 is already 1 too many
That would be the ideal for Netflix. Everyone subscribes and pays, but no one uses it.
Gee, maybe that’s why it’s so hard to find anything good to watch on Netflix now.
Sing with me lads
Ohhhhhhhh🎵
Do what you want cuz a pirate is free 🏴☠️
Ironically, I’ve been finding myself using Netflix again after years (stayed subscribed for the wife and MIL) to watch One Piece, a show about pirates, since I can access it at work and also because they skip both the intro and recap unlike Plex which only skips the intro.
Arrr me mateys year media media is freeeeee and ad-less
https://www.youtube.com/watch?v=i8ju_10NkGY
🎵You are a pirate!🎵
People who live in Germany: don’t. You’ll get caught.
If youre stupid enough to use torrent without a VPN maybe.
I dont think there is a single case in Germany where a person was punished for downloading. Its always uploads that get you.
I don’t know about torrent downloads, but for “obviously illegal” streaming and IPTV offerings, customers also will get bonked. For example [German]: https://www.bms-rechtsanwaelte.de/wirtschaftsrecht-blog/illegales-iptv-streaming-strafbarkeit-nutzer
Or just learn to VPN
I cancelled my Netflix several years ago literally the very first time I got an error that too many people were watching or a screen wasn’t authorized or whatever the specific “you can’t share your account anymore” error was at the time.
The fact that account sharing was tacitly allowed was literally the only thing keeping the value proposition of having the account afloat.
The fact Netflix used to actually use sharing accounts as PROMOTIONAL MATERIAL is wild to me. They leaned healily into it.
Same here. I barely used Netflix and was only paying the bill because I shared the password with family members and didn’t want to cut them off.
Once they started being weird about account sharing, there was no reason to keep paying the bill. I was on the top tier too, because they said you could play on 4 screens at once, and I figured it was fair to pay extra since I was sharing the account.
Nobody in my family complained so it’s likely they weren’t really using it either. So instead of a top-tier account being shared among a bunch of people that didn’t really use it, they get nothing.
Sadly their profits increased overall after they cracked down on password sharing https://www.bbc.com/news/business-68850766
Fuck em. Lots of free media out there. My local library has all sorts of stuff, and that’s not even considering what’s out on the high seas.
Seriously. Libraries. Support your local library!
Been a Netflix subscriber since the early days. Talking getting DVDs in the mail, 3 at a time, watching all sorts of crazy shit, back when they let you have a profile where you could personally 5-star rate and even leave a review for movies you’d watched. Me and a friend got competitive about it, would watch movies all the time, rate and review them, we easily had lists into the 800-1000 range.
Then they deleted all of it with no warning.
But I kept with it, because although I pirate a lot, I still like the convenience of not having to download all the stuff on there, and there’s still some decent releases. And I share my account with my ex-wife, so she doesn’t have to pay for it. And then when I’m on vacation, usually there’s a smart TV or whatever and I can log on to keep watching whatever series I happen to be on at the moment (right now it’s Stargate SG1).
But the other day I got a warning about how I’m using a different device, and I had to double authenticate and reenter passwords to “allow” me to watch from my personal computer… and it made my blood boil. Shut the FUCK UP netflix, you dumb mother fucker. I’ll watch the service I fucking PAY FOR, on my OWN FUCKING DEVICE, WHENEVER I FUCKING WANT TO.
One more blood boiling moment and I’ll just cancel their bullshit all together. I have a gig internet connection, I can just download shit crazy fast, I don’t fucking need you anymore netflix. you forget that the slight convenience of not downloading things is the ONLY reason you exist. Stop being convenient, stop being used.
sad, AMAZON cancelled the new series for stargate, maybe they thought it only reach a small audience, and not a “Wide enough audience as they claim”
Jellyfin doesn’t have this problem
Dude, Jellyfin and Tailscale is amazing.
Not if everyone is on your network. Otherwise it does have some problems
Their content has quickly become shit tier. Every new show seems like an attempt to check as many boxes as their hits from over five years ago. Spreadsheet programming. That or low budget docuseries.
But that’s programming everywhere now. Who woulda thought that consolidating the entire entertainment industry into three players would have negative consequences.
Buckle up my man. Remember how shit programming got during, and then following, the writers guild strike? How many shows just…could not recover?
Imagine if the writers were to strike again. They’d be replaced with AI scabs in a heartbeat.
They haven’t already?
The AI isn’t technically a scab since the people it replaced weren’t striking.
I pay for a number of concurrent streams, so “too many at one time” is a legitimate thing. What I disagree with completely is that they want them all in one house. If I pay for 4 streams, they ought to be able to be anywhere. Because I paid for 4.
I think I’ve watched things on like five devices at once on my Jellyfin. Never had this issue.
The stress test I did had 6 transcoding streams going on my Emby server with an Intel Arc A310, without breaking a sweat. It never has more than 3 streams going at a time in normal usage though so I stopped testing at 6.
same on plex, and it was recording shows on live streams at the same time
Cancelled last week when I realized that I watch it almost never, the content I did consume was essentially filler, and the price was double what I originally subscribed for. I haven’t picked anything else to replace it yet but I think it’s finally reached the point that they are worse than the competition by a significant enough margin to matter. They really burned a lot of innate advantages. Thank you Mr. Doctorow for the correct terminology to address the situation!
I cancelled for similar reasons years ago. My wife noticed immediately and reinstated the account under her credit card. I guess she likes their brainrot.
Plex. Jellyfin is fine too, I am just used to Plex and prefer it’s interface. I don’t mind paying a few dollars per month for it.
This is coming from a person with a Plex lifetime pass for the last 15 years. Fuck Plex and their greed.
I was on the same boat as you, but this year I switched to Jellyfin and could not be happier. It actually feels smoother for me than Plex. Also there are a pot of little quality of life improvements which did not work on Plex for me, like always auto loadng subtitles in my language of choice.
Plex is good for those in our circles who only know of VPNs from ads on YouTube.
Jellyfin is great and all but not something you can just expose to the internet and hope for the best.
Plex will also auto select subtitles for your language of you set it up, and jellyfin currently can desync subtitles if you skip forward enough.
I don’t really have a preference between the two, but jellyfin still feels rough around the edges in places.
I’ve switched to Emby. It’s a lot easier to set up than Jellyfin, and has an okay interface. Not the greatest, but whatever.
This is me when they finally take down piracy and I just can’t get the media anymore, since I refuse to give them a cent. I know I’ll adapt, and probably be better off for it.
They’ve been trying to take piracy down since the birth of the internet. It’s not going to happen.
This is why I collect blu rays. They can’t take them bitches from me.
To the high seas, me hearties!!
Emby: “17 people in 5 countries are watching your media. Nice.”
I fucking hate Netflix!
yes, but this is outlined in the contract and you should know this.
Netflix is still garbage.
yes, but for max devices using the service they make it very clear.
the main reasons are: cancelling seasons of good shows after 1,2, or 3 seasons, just to boost subscription numbers.
limiting how much people can watch it on different devices, and increasing prices, with decreasing quality.
This is a problem of their own making having started off so lenient with account usage. In the end, it’s their house and their rules though. Deal with it or set your sails.
Fair enough- hoist the flag, me hearties.
And people always are confused when I tell them I don’t watch shows and movies anymore.
You can still do that without streaming services? Like you don’t need to stop enjoying art cuz of capitalism
I just use torrents or Soulseek. That’s the easiest way. A lot of stuff can still be found on disk, too.
I continue to be glad I’ve not paid for a streaming service, cable, satellite, or any other tv/media service in the entirety of my life.
My mother stopped paying for satellite tv in like 2014ish, my sister stopped paying for Netflix in 2019, and I’ve provided an Emby server with an Ombi and arr stack based requests system to my whole family since 2017.
Those services have done more than enough to prove they don’t deserve my money.
If you must use a streaming service check out Pluto TV
No way, Pluto has unlockable ads.
Tubi and Fawesome’s ads are blocked with UBlock Origin on Firefox.
Didn’t they announce they were going to enforce this years ago? That’s around the time I stopped giving them money
yes, but they probably do it in steps, at first you can have only a handful, and not unlimited, and now its 1 person/account/device.
Why aren’t you using Stremio + Torrentio? Higher quality anyway.
You’d still be downloading Torrents which isn’t possible or preferable for everybody.
A good solution is to add a cheap debrid service that acts as a downloader+cache for the torrents and serves them to you at gigabit speeds. Torbox has a $3/month subscription that would already make your experience extremely good.
The debrid goes without saying.
I should’ve mentioned that, but any of the guides for the 5-10 min setup include them.
Prob the only real effort in it is checking which one works best in your region. They all do, but some have better bandwidth than others.
Keep in mind too, my solution is the “your grandma can cancel her subs and do this right now in a few minutes” deal for the loungeroom telly. Set it up recently for my Aunt, catching up for lunch, along with SmartTube. A few months before, installed an adblocker extention. Life changers.
An easy way to get somebody a good Stremio setup is to make them an account and do the addons up front. With AIOStreams it’s even easier because it’s just a single addon and you can manage it remotely.
After more than a decade with them, with the little use we hadand they just kept increasing prices every year, so I decided to give them the flick, and we are not missing it.
Just download the content in the app and disconnect the internet before watching…
You can download on the TV?
Netflix is American. So yeah: Garbage IS Garbage.
Nice one! America Bad! Clever, edgy, sexy!
No one is braver than our 16 yo internet warriors bravely spreading the gospel of bad the US(sheitan)A is in obscure internet forums!