Plex has announced a massive price increase on the service’s Lifetime Plex Pass. On July 1, the lifetime subscription option will go from $249.99 to $749.99, an increase of 200%. The price hike will only apply to new subscribers, with no changes to monthly or annual subscription pricing.

  • badgermurphy@lemmy.world
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    6 hours ago

    When our species was young, they didn’t understand the movements of the celestial bodies. They believed a benevolent god made the sun rise every morning. Similarly, many people do not understand the workings of VC companies, so don’t understand that there are certain actions they functionally must do because of the way they and the laws that govern them are structured, which include maximizing revenue at all costs in any way you can think of and get away with.

    So, I don’t think they’re going to do it, and I certainly don’t want them to just as I don’t want the sun to stop rising, but I do know they will or go out of business/get bought on the way there.