Netflix had in 2023 roughly 247 Million paying user (they say). Blowing 50 Mil. is like 0.20$ for every user. It was mostly a mix of inflation, greed and shareholder demand for profit increase (also greed) that made you pay now more, for barely the same service/product.
I got annoyed that the price kept going up and the quality of the shows went down, or there was just too much crap to filter out in order to watch something good. A lot of shows I like would randomly get cancelled, like Kim's Convenience, Altered Carbon and others I can't think of now.