I bought Plex pass years ago for £79. The new price of $749.99 is INSANE.
No wonder all the cool people are using Jellyfin.
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I do wonder if this is a last ditch effort cash grab before they go under or a "we really thought we'd be acquired by now so now we have to plan ahead" move.
I imagine most of their revenue comes from the ad supported "channels" they provide, which non-technical people are tricked into using since they have a technical friend or relative who set them up with Plex 10 years ago. With the Fox acquisition of Roku, the merging of Tubi and Roku Channel would be huge and probably cause Plex to lose streaming licenses of certain properties which will end up as lower revenue.