Netflix loses 800,000 subscribers (stock drops 28%)
money.cnn.com
Netflix loses 800,000 subscribers (stock drops 28%)
1–10 of 190 posts
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#2Wasn't Reed Hastings named CEO of the year last year? $300 to <$90 in around 4 months. Hmmmm....
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#3I feel bad for Netflix. They're between a rock and a hard place. The content providers want more money and eventually want to cut out the middleman. The users balk when the price is raised, even though unlimited streaming and DVDs for a month still cost less than a decent meal. And every decision they make (like Qwikster, which was likely done so they didn't have to pay content providers a fee for users who weren't streaming) is bashed and mocked.
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#4Also, link to Netflix's Q3 Investor Letter, which is a good read: http://news.ycombinator.com/item?id=3151463
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#5Poor site redesign followed by a price hike followed by a pointless attempt at splitting up the company.
Not surprised.
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#6Poor site redesign followed by a price hike followed by a pointless attempt at splitting up the company. Not surprised.
There was, most definitely, a point to splitting up the company. It just wasn't communicated effectively or presented at all in a positive light.
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#7Poor site redesign followed by a price hike followed by a pointless attempt at splitting up the company. Not surprised.
Indeed, the way movie covers scroll is really frustrating.
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#8Honestly curious, where did those users go? Back to $40 shitcable? Torrenting?
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#9So, Netflix increased prices by a pretty high percentage and managed to lose only four percent of subscribers? This is astoundingly impressive. Furthermore, many of these deflections might simply be the result of forcing subscribers to explicitly choose to continue service. How many people kept paying a few dollars per month for a service which they did not use and, when forced to choose a new plan, opted out?
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#10Honestly curious, where did those users go? Back to $40 shitcable? Torrenting?
In my case, I simply went without.
Contrary to the way people seem to act, entertainment is neither a right, or a requirement. I get by just fine without movies or television shows.