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Comment by pdimitar | Hacker News Reader

Or the value proposition under the new conditions for many users is simply not there?

Paying $X per month and allowing family and friends to watch is both convenient and cheap enough so it doesn't bother you. It's like paying for electricity in a family house.

But when you are forced to be the only user of your paid account you evaluate if the cost for using a service 5-10 hours a month is truly justified.

Degrading people as "children" is not an interesting analysis. It's obvious that Netflix made their bed by flirting with users that like account sharing (long ago). It will not be easy to take that away now.

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I understand this and will grant you that. But I'd bet a fair chunk of cash on this password sharing being something other than spouses sharing or running a de facto family account.

I mean: fine, Netflix sux, etc, tt's not worth $X. All fine.

But what's happening here is not that and you all know it. It's easy and cheap to just share passwords. When you do that, you're saying that I should pick up the bill for you. And my answer to you is: tf I'm not! You pay for you, I pay for me.

Fair, both sides should act in their best interest.

What I think is happening is that people realized they aren't getting much value from Netflix and this also served as a wake-up call for them to cancel. If you look at other comments you'll see several stating exactly that: they no longer think Netflix is worth paying for even if they have no trouble at all paying for it only for their own usage (and I'd think 99% of the users of HN can afford it easily).

It's also very possible this will end positively for Netflix i.e. they might want to get rid of the "leeches" and end up only with the paying users that obey their rules. If there are enough such people out there to cover their expenses AND turn a decent profit AND if they are loyal then Netflix will find themselves in a businessman's dream scenario.

In the end time will tell, as it happens with everything. I am mostly just offering you explanations for the current reactions to the news.

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