KPIX CBS Weekend News February 14, 2022 01:53:00
>> money. that which separates the haves from the have-nots. >> reporter: where does it end? >> it ends at which point where consumers stop, they start leaving the service or they stop subscribing. but i think that's a ways off, especially if you are raising prices incrementally over time. >> reporter: entertainment researcher paul erickson says the rate hikes are part competition and part inflation. >> services really see content as their weapon to ensure that people subscribe and they stay subscribed in this dog-eat-dog environment. in 2021, netflix spent an estimated $17 billion on content ...