Value is inherently subjective. Money, gold, products, services only have value because of people. An ant doesn’t care for a solid brick of gold, it serves no purpose for the ant, but humans see the shiny metal as incredibly valuable. And while the same ant might think that a small insect as valuable food, most humans do not see the same singular insect as all too worthwhile to eat.
What is valuable to you could be worthless to somebody else. In the context of Netflix, most people probably consider it to be decreasing in value as the content (or the quality of it) has not increased enough to compensate. However, there are some people that might be looking forward to a Netflix-exclusive show and believes that it adds a lot of value. In that case, the price increase might be worth it for them.
Something similar could be said for other streaming services. Spotify, Apple Music, etc. could have your favourite artist listed that can’t be listened anywhere, and you might consider that valuable.
Value is inherently subjective. Money, gold, products, services only have value because of people. An ant doesn’t care for a solid brick of gold, it serves no purpose for the ant, but humans see the shiny metal as incredibly valuable. And while the same ant might think that a small insect as valuable food, most humans do not see the same singular insect as all too worthwhile to eat.
What is valuable to you could be worthless to somebody else. In the context of Netflix, most people probably consider it to be decreasing in value as the content (or the quality of it) has not increased enough to compensate. However, there are some people that might be looking forward to a Netflix-exclusive show and believes that it adds a lot of value. In that case, the price increase might be worth it for them.
Something similar could be said for other streaming services. Spotify, Apple Music, etc. could have your favourite artist listed that can’t be listened anywhere, and you might consider that valuable.