This company sounds like it’s in its death throes.

  • hypnicjerk@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    2 months ago

    trying to squeeze as many people for the current price as possible. will probably run deep sales close to today’s price in the future.

      • ragebutt@lemmy.dbzer0.com
        link
        fedilink
        English
        arrow-up
        0
        ·
        2 months ago

        They already taken 10s of millions in VC so whenever those investors decide it’s not profitable basically

      • kylie_kraft@lemmy.world
        link
        fedilink
        English
        arrow-up
        0
        ·
        2 months ago

        It already more or less has been, which is why it’s on the death-by-enshittification spiral. Plex tried to join the streaming wars way too late to compete, it can’t go back to being a self-hosted media server company because it won’t generate enough profits for investors, so it’s going to do an Evernote and keep charging more and more from its last users until everyone leaves.

        I stopped using the main app when the ad-driven and subscription content choked out the media server, but RIP Plexamp when it goes.