• fmstrat@lemmy.nowsci.com
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        24 days ago

        Because zero-click internet kills the revenue model. It’s unfortunate, but understandable until something better comes along.

        Would love to see a co-op model spring up where views on sites like Lemmy generate revenue for publications without the click. I.E. pay $1 a month to a shared fund that’s distributed by percentage.

        • Victor@lemmy.world
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          24 days ago

          That would require us to pay for Lemmy, right? Or how do you mean? Where would the money come from, sort of?

          • fmstrat@lemmy.nowsci.com
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            23 days ago

            Yup. Or perhaps pay into features, like full-page content inside the post. I.e. offset the revenue of the click. Oddly enough, that model would replace ads, too.

  • hamFoilHat@lemmy.world
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    22 days ago

    Glad people care this time, pure VPN did exactly the same thing except without the buyout. 5 years into a lifetime plan they said, “sorry, your account is closed”. They were offering 5 year plans for less when I got the lifetime one. They didn’t care and told me to complain to slashDot because that’s where I bought it.

    • Schwim Dandy@lemm.ee
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      22 days ago

      Pure did the same to me. They’d rather lose lifetime subs and save the traffic than foster customer loyalty. They didn’t expect any of us to pay for a recurring subscription after doing what they did.

  • barneypiccolo@lemm.ee
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    24 days ago

    This is also why if you hit the lottery, you should take the discounted upfront cash payout, and not get it paid in an annual annuity for 20 years. You never know if the government is suddenly going become moral about gambling, and cancel all lottery payments.

    Take the money and run.

      • taladar@sh.itjust.works
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        24 days ago

        True but that is a situation that doesn’t really apply very often in the “if you hit the lottery” situation mentioned in the post you replied to.

        • Droggelbecher@lemmy.world
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          24 days ago

          I guess what I’m trying to say is, don’t delude yourself into thinking you’re being smart about the lottery by thinking about which is the smarter course of action in case of a win. The only way to be smart about the lottery is to not play.

          • spooky2092@lemmy.blahaj.zone
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            24 days ago

            The only way to be smart about the lottery is to not play.

            I don’t disagree, but I also thing playing the lottery once in a while is fine if you’re just doing it as a daydream or something. Back when I worked in an office, if the jackpot got high enough we’d do an office pool and everyone that wanted to would throw in 10 bucks or something. And I’ve also done the same myself for the above reason but I play at most once or so a year.

    • Libra00@lemmy.ml
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      24 days ago

      Also because that lump sum is all there is. If you take the annuity they put the lump sum into an investment account and then pay you out of the proceeds (from which they take a cut, of course), and you can get the same returns they get, without losing their cut, doing it yourself.

      • Landless2029@lemmy.world
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        23 days ago

        They also take a big wet bite out of the total when you do a lump sum pay out. Then you pay taxes on it too. Oh and of you do the 20 year payout and die they keep it all. You can’t transfer it.

        • Libra00@lemmy.ml
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          22 days ago

          No doubt, but it’s still a lot better than doing the annuity. Half of fuck you money is still fuck you money.

          • Landless2029@lemmy.world
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            22 days ago

            Biggest mistake people do is put it all towards a house for a low or no monthly mortgage. It’s better to invest it. Buy two. One to live in and a multi to rent out.

            • Libra00@lemmy.ml
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              22 days ago

              Yeah, my plan would be to buy a (small, perhaps even cozy) house to live in right now because my living situation is not ideal, set some small portion of it aside just to blow on stupid shit to get it out of my system, and then invest the rest to ensure that I can live off the proceeds for the rest of my life. Anything beyond what is necessary to secure myself a modest but comfortable lifestyle is going to be given away to help people.

    • chilicheeselies@lemmy.world
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      24 days ago

      Absolutely. However, if you are not the best with money, or on the irresponsible side; it might be best to take the annuity. Mathematically it makes no sense to do so, but if it stops you from blowing it all on hookers and coke in two years then its for the best. In other words, if you having it all is riskier than the state keeping track of it.

  • glitchdx@lemmy.world
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    22 days ago

    Considering how many companies are forcing into their TOSs forced arbitration and waving the right to class action lawsuit, of course this kind of shit was going to happen.

    • Lka1988@lemmy.dbzer0.com
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      23 days ago

      Same here. I made them refund me and then delete my account. It was a small amount, but I was pissed enough that I wanted them to work for it.

    • Zink@programming.dev
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      24 days ago

      I’ve had a lifetime Plex pass for many years. I have converted completely over to Jellyfin after trying it.

      It’s more involved to set up for secure remote access, but once in place it is so much smoother to use.

  • dryfter@lemm.ee
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    24 days ago

    I learned my lesson about “lifetime” thanks to SiriusXM.

    When Howard Stern got lured to SiriusXM they offered a deal where you buy the receiver and pay $500 for a lifetime subscription with unlimited transfers to different receivers. Fat forward to 2017ish when I bought my last car that had the receiver built into the radio and tried to transfer to the new one. I was told that was the last time I would be able to do that and in the future I’d be paying a $75 transfer fee and be forced into a monthly subscription.

    Lifetime is a hoax.

    • grue@lemmy.world
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      24 days ago

      Lifetime is a hoax.

      No, it’s fraud.

      The difference is that one is a funny joke and the other is a criminal act that ought to land corporate executives in prison, if the US weren’t an oligarchy too corrupt to prosecute.

    • partial_accumen@lemmy.world
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      24 days ago

      This may be your lucky day then! You can likely use that lifetime sub now!

      I did the Sirius lifetime deal a few years offered before the one you did (in 2003 I think?). At the time they called it the “Friends and Family” promotion. It was only $300 at the time for lifetime sub, and they gave you the hardware for free. I’m still using that same lifetime sub today.

      I was told that was the last time I would be able to do that and in the future I’d be paying a $75 transfer fee and be forced into a monthly subscription.

      This was absolutely true this was the rules at one point. However there was a rule change (via lawsuit maybe?) that allows UNLIMITED TRANSFERS and the fee is only $35/transfer. Its even on the SiriusXM website FAQ:

      “Please note: You may transfer an active Lifetime Subscription to another radio an unlimited number of times. For each permitted transfer of a Lifetime Subscription, you will be charged a $35 transfer fee, and the transfer must be effectuated through your Online Account.” source

      Your account is likely still alive with your name on it! Contact them and get back into it!

      Further, back when you and I bought our lifetime subs the SiriusXM streaming service didn’t exist. It is actually pretty robust now. With your lifetime sub (even without it being on a vehicle), you have full access to unlimited commercial free streaming in their best quality bitrate (there was a time that they offered reduced bitrates for lifetime users but that’s gone now too).

      For me, because of a further discount I only paid $230 for my lifetime sub because I got a credit for my previous monthly service and I’ve now had it for over 22 years. So if you do the math, I’m paying 87 cents per month for full in-car and streaming SiriusXM. Lifetime deal was SO worth it!

  • Bamboodpanda@lemmy.world
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    24 days ago

    Why would anyone be stupid enough to not honor them? Now, even if they backtrack, their name is mud. It’s so stupid.

    • orcrist@lemm.ee
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      23 days ago

      I think a company like this is not planning to linger for years. The owners wanna make a buck for a year or two and then sell it off. If they can stiff their customers in the process, they just don’t care.

      For long-lasting companies the motivation would be different. But this is not a world-famous VPN company, not by a long shot.

    • neclimdul@lemmy.world
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      23 days ago

      I mean it seems to happen pretty often. The Curiosity Nebula mess, Crunchyroll had a $10 for the lifetime of your account thing but when Sony bought them they started messing with it. Even Google tried it with Google App domains free tier which they promised for life. I think everyone said fu to the buyout and just waited for the class action until Google blinked at the last minute.

      I assume Plex will find a way to start charging lifetime purchasers any day now.

      At this point I look for them just to see what sort of train wreck it’ll turn into.

    • Someone8765210932@lemmy.world
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      23 days ago

      Especially when we are talking about VPNs. The reason so many companies are sprouting out of the ground to offer VPNs is because the margin they have is huge.

    • Phoenicianpirate@lemm.ee
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      24 days ago

      Damn straight. I never heard of this company before but you can bet your life I will never do business with them.

      • Jimmycakes@lemmy.world
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        23 days ago

        They will just change their name in 6 months. They all just get bought and sold non stop so you cant research if they are good or not. Kind of like those one apartments near a college that always change names and colors to trick freshmen into leasing with them.

  • FreedomAdvocate@lemmy.net.au
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    24 days ago

    Seems like the new owners got screwed over by the previous owners who “forgot” to tell them that they had a bunch of highly unprofitable users locked in without ever paying them a cent again.

    Shitty situation for those “lifetime” subscription owners, but if the company shuts down because the new owners were sold a lie, they don’t have a VPN to use either.

    • x00z@lemmy.world
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      24 days ago

      That has nothing to do with the end user. In such cases they should sue the original owners.

      • FreedomAdvocate@lemmy.net.au
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        24 days ago

        The new owners mentioned that in the article. They said it would cost more to do than it would to just shut the business down.

        What good outcome do you think the lifetime license owners would get in that situation?

        • x00z@lemmy.world
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          24 days ago

          I have no idea, but the end users should not get fucked because the new owners didn’t know what they were buying. In many countries it is illegal for the old owners to not let the new owners know of such things.

          • FreedomAdvocate@lemmy.net.au
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            24 days ago

            Without being able to offer any idea of a solution though, saying that means nothing. The company either gets shut down and those users get fucked and have no VPN, or the company stays alive and the users have no VPN but have the option to get one again.

            The point is there’s no real way the lifetime licenses get honoured.

            • x00z@lemmy.world
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              24 days ago

              Just honor them and take the loss. The new owners did a bad deal. In many countries it would be highly illegal to cancel these contracts while continuing the business. Either liquidate the company or honor the deals. Fuck capitalism.

                • x00z@lemmy.world
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                  24 days ago

                  The people operating the company do not deserve to run it. Maybe they should declare bankruptcy and let somebody who will honor the contracts buy it.

                  Allowing this kind of anti-consumer behaviour just allows them to juggle the company around to get out of contracts.