I do feel bad for Netflix and i hope they recover. it was just a one-time bad business decision behind a great brand name. what a costly learning lesson for the ceo!
Netflix loses 800,000 subscribers (stock drops 28%)
121–130 of 190 posts
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#122Earlier quoted context omitted.
It... doesn't work like that. I wish it did. They literally do not care that it was a communications error. Under law, they sent the letters they were supposed to, and called me at least once. That's as far as their mercy extends. It seems unlikely that the credit bureaus would listen to me over Cal Coast Credit (the collectors).
If you write the letters, and keep sending them, eventually they will fall off of your credit report. Once you ask a credit reporting agency to remove something, they have to contact the original creditor who then has a set period of time to respond, or the listing is removed.
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#123Earlier quoted context omitted.
How would this accelerate copyright/IP reform?
It's a great example of the excessive control given to rights holders, so excessive that a prominent company like Netflix ($300/share is certainly not something to shirk) and similar hypothetical businesses can be totally gutted at the pleasure of a handful of production companies and/or publishers. The diminution of Netflix is no small matter and will hopefully serve as a very visible demonstration of the cruel absu…
I'm generally all for government regulation as needed but this seems absurd. Why would any film company produce movies anymore? People (un)happily pay a lot more for the content today in other mediums. We're going to force the film industry to charge them a lot less to prop up Netflix and other streaming video services? Again I have to go back to the simple fact that Netflix has always been selling a fantasy and their troubles today are totally self inflicted. They convinced people they could spend an insanely small amount of money to get a huge amount of value/content. Netflix is almost a ponzi scheme.
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#124Honestly curious, where did those users go? Back to $40 shitcable? Torrenting?
In my case, it was so rare that I got DVDs that it wasn't worth the cost of continuing that. I've just dropped rented DVDs from my viewing all together (though there's also a Redbox that I go by every single day so that's an option).
As for streaming, most of what I want to watch I can also get for free via Amazon Instant with my Amazon Prime account, which I would be paying for anyway and the occasional movie or show that isn't included free evens out to no more than I was paying for Netflix.
I also realized that I would watch a lot of TV shows on Netflix and then buy them on DVD/blu-ray at a later date, so I just buy the DVDs/blu-rays, which requires a little more patience (box sets are expensive so I don't buy them everyday) but it turns out that waiting a month or two has no significant impact on my life. ;)
Shows that are currently airing, some documentaries, kids movies, etc. we watch on Hulu for free. They only offer the last 5 episodes of the season on the free account, but if you don't get behind, that's all you need.
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#125Earlier quoted context omitted.
still cost less than a decent meal So many great things on the web cost less than a single cup of Starbucks. Yet, I myself am so hesitant to pay for them. On my landing pages I design at work, I'm increasingly trying to communicate this via comparisons("less than a morning Starbucks trip"). Another one is showing a dollar bill to communicate that for less than a dollar a day, they will get _____. For a service that w…
The reason I think long and hard before signing up for new web services isn't even the cost 99% of the time, but the uncertainty in how difficult it is going to be to cancel should I decide I do not want to continue. I've had it UP TO HERE with services that allow me to subscribe with one click and then make me go through a half-day long ordeal of phone calls to outsourced customer service people (who earn bonuses ba…
Tivo, on the other hand, will make you cry before they let you cancel their service. Can't do it online, and it's a minimum of 20 minute phone call. I've had to do it twice over the years and it makes me really reluctant to turn on Tivo ever again.
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#126Earlier quoted context omitted.
still cost less than a decent meal So many great things on the web cost less than a single cup of Starbucks. Yet, I myself am so hesitant to pay for them. On my landing pages I design at work, I'm increasingly trying to communicate this via comparisons("less than a morning Starbucks trip"). Another one is showing a dollar bill to communicate that for less than a dollar a day, they will get _____. For a service that w…
Your web apps don't release dopamine into my bloodstream. Your iPhone game doesn't give me a headache if I don't play it. I can't take a girl on a date to your eBook PDF. The reason that digital goods _seem_ more expensive is because the result we get _is_ less valuable to us as human beings. It's hard to pay money for things that leave you exactly as you were before - sitting in a chair, looking at a screen.
If that was true, you'd get paid to smoke and eat fast food, since they have a negative impact.
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#127Re: Netflix loses 800,000 subscribers (stock drops 28%)
#128Earlier quoted context omitted.
Bill collectors really aren't that bad if you know how to deal with them. I got sent to one once for a service I had canceled three times. The collector sent me a letter in the mail and then started calling every day at around 8 or 9 am. I sent all of the calls to voicemail and I sent a letter to the collector (via certified mail with delivery receipt) that said "RE: account number XYZ; this bill is erroneous, do not…
Mine was the opposite experience. It wasn't really the same situation as yours, so maybe this is totally irrelevant. But here's my story, just incase. My health insurance denied my coverage for a Dr's appointment ("pre existing condition") a month or two after the appointment. I had moved by then, and apparently the mail didn't get forwarded or something. The dr's eventually turned me over to some California collecti…
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#129Earlier quoted context omitted.
The reason I think long and hard before signing up for new web services isn't even the cost 99% of the time, but the uncertainty in how difficult it is going to be to cancel should I decide I do not want to continue. I've had it UP TO HERE with services that allow me to subscribe with one click and then make me go through a half-day long ordeal of phone calls to outsourced customer service people (who earn bonuses ba…
Although I am against most regulation I would strongly support a law that required unsubscribe/cancelations to be processed in the same manner as subscriptions. If I can subscribe/expand my service online I should be able to cancel online as well.
Re: Netflix loses 800,000 subscribers (stock drops 28%)
#130Earlier quoted context omitted.
Mine was the opposite experience. It wasn't really the same situation as yours, so maybe this is totally irrelevant. But here's my story, just incase. My health insurance denied my coverage for a Dr's appointment ("pre existing condition") a month or two after the appointment. I had moved by then, and apparently the mail didn't get forwarded or something. The dr's eventually turned me over to some California collecti…
excuse my ignorance, but what's a credit score and why does it matter? I can see it's a Bad Thing to have a low one, but in what way does it impact someone?