There's a lot to be said for reliability factor too. I could pay for just the middle tier and handle occasional collisions (more people wanting to watch at the same time than the service tier allows). But it's easier to fork out extra $5 and avoid the issue altogether.
1. I "feel" like there might be something I want to watch at some point. Just kinda in the back of my head.
2. Its 10$/mo that I'm not even going to notice missing.
As their price increases I'll likely cancel. There is something about being at or under 10$ vs being over that triggers me to reevaluate even if I still wouldn't notice the extra couple bucks.
At $10 I’m not even that bothered about content quality.
These days content is spread out over a bunch of providers, some much more expensive due to movies, sports and live events.
I’m paying for four separate streaming services, and at $10 netflix just defaults.
At a higher price quality content will have to increase.
Why are people paying for subscriptions they don't use?