4.8 • 770 Ratings
🗓️ 23 April 2021
⏱️ 37 minutes
🧾️ Download transcript
After a year of binge-watching, Netflix is losing subscribers. They have a new way to make money, and Kim has the details on how it could impact the movies you already love. Ben nerds out over the little rover-that-could flying on Mars, and the crew talks smart home tech. What would you buy if money were no object? And find out if Allie can fool the guys this week in Brand New or Not True.
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0:00.0 | Welcome to Tech Refresh with Kim Commando and friends from Commander.com with a K. That's K-O-M-A-N-D-O. The gang is all here. Kim, Ali, Ben. Hello. And I'm Mike. Today, a question for you. If money were no object, what connected gadgets would you have throughout your house? That includes appliances. You can choose anything you want. Think |
0:21.3 | about that. We're going to talk about that in a bit. Also, if you bank with Wells Fargo or |
0:25.7 | Chase the scam that you must watch out for coming up. All right, we'd love it if before we |
0:31.9 | get started, you subscribe, hit that subscribe button so you never miss an episode. And let's start |
0:36.9 | with the news. As we always do, |
0:38.5 | America's digital goddess, Kim Commando. Don't you have a drum roll or something? |
0:43.2 | That's as good as I got right now. Oh, man. All right, think about over a year ago. |
0:49.0 | The pandemic hit. Everybody was home. No one was in. No one was out. So what we did, we sat on our couches, right? |
0:55.6 | Okay. So Netflix, they totally benefited from the surge of demand of all these streaming services. |
1:00.8 | The first six months of the pandemic, they added nearly 30 million subscribers. Wow. That's a lot of folks. |
1:08.1 | And there's still room for Netflix to keep growing. |
1:11.7 | But the reason why I bring this up is that in their first quarter earnings, |
1:14.1 | they said that the number of subscribers are actually going down by 10%. |
1:19.3 | But they're hoping that there's whole backlogs of shows and movies and things |
1:22.9 | are going to bring them back up. |
1:23.7 | But the bottom line is, is that the search is going down because, well, now you can no longer |
1:28.8 | share your password. So people are like, okay, do I really need to pay for this? The price is going |
1:34.2 | up. The average consumer in the U.S. spends about 15 bucks a month for Netflix, which, remember, |
1:39.9 | it used to be like $10. I looked at my Netflix bill yesterday. It's on my list to figure out today. |
1:44.6 | Why am I paying $20 a month for Netflix? I mean, what's going on there? So Netflix says that |
1:50.5 | they're going to spend $17 billion on content. Wow, in 2021. That's what they spent last year. |
1:57.8 | But if you think about it, post-pandemic, people are out. They don't want to watch |
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