Netflix says users can cancel service if HBO Max merger makes it too expensive
Sarandos said the streaming industry is still competitive and that previous Netflix price hikes have provided subscribers “a lot more value.”
“We are a one-click cancel, so if the consumer says, ‘That’s too much for what I’m getting,’ they can cancel with one click,” Sarandos said.
Eighty percent of HBO Max subscribers subscribe to Netflix, Sarandos tells Senate.
arstechnica.com