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Netflix loses 800,000 subscribers (stock drops 28%)

money.cnn.com

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Re: Netflix loses 800,000 subscribers (stock drops 28%)

#151

Post by suivix »

padobson wrote: post #101
mdasen wrote: post #84

Earlier quoted context omitted.

I have both Redbox and those Blockbuster kiosks on my way to and from work (during the part I walk) and so I can get a $1 DVD when I want rather than managing when something will arrive. I can get a lot from my library. While I don't get to always choose the timing for inter-library loans, I can get a season of television for two weeks at a time. With Netflix, I just get individual DVDs. Some of the things I want to…

+1. Why can't the figure out a pricing point? Shouldn't the marginal cost per user be going down as they scale? What's wrong with their infrastructure that it's going up? Or are they just trying to price it for demand? That doesn't make much sense to me if they're pricing away customers in the middle of the growth stage.

They're trying to push people towards streaming which is the future by making DVDs more expensive.

Re: Netflix loses 800,000 subscribers (stock drops 28%)

#152

Post by suivix »

kellishaver wrote: post #124
martythemaniak wrote: post #8

Honestly curious, where did those users go? Back to $40 shitcable? Torrenting?

I've done a few things after cancelling Netflix. 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…

I don't understand why you'd buy DVDs and Blu-rays knowing they will soon be obsolete?

Re: Netflix loses 800,000 subscribers (stock drops 28%)

#153

Post by ari_ »

palish wrote: post #122
goodweeds wrote: post #120

Earlier quoted context omitted.

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.

Interesting.. Thank you. Would you mind pointing out where to get further info? What if they respond in time?

The phrases you're looking to google are: [credit report validation]

[codename47 site:fatwallet.com]

Also check out these: http://www.bargaineering.com/articles/how-to-fight-debt-coll... (note that this site is now owned by Quinstreet so caveat emptor) and http://www.creditboards.com

Re: Netflix loses 800,000 subscribers (stock drops 28%)

#154

Post by slowpoke »

jshen wrote: post #115
gkoberger wrote: post #3

I 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 s…

"I 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." This is true, but the content providers are also between a rock and a hard place, but don't seem to realize it. A generation of kids are growing up knowing how to get content for free, but the low cost, convenience, and value add of netflix is worth it if you aren't po…

> but the low cost, convenience, and value add of netflix

I still find it much more convenient to head over to TPB (or another tracker of my choice), find a torrent of whatever I want to watch, download (and share) it, and then be able to play it with my favorite media player - as many times as I want.

I don't see what value a streaming service is supposed to add over a local copy. It's a waste of bandwidth as soon as you watch something more than once, and the quality will never reach that of a local copy.

By the way, I'm not exactly poor. Asserting that their financial standing has anything to do with the reason people pirate is a confusion of correlation and causation.

Re: Netflix loses 800,000 subscribers (stock drops 28%)

#155

Post by joelhaasnoot »

Joakal wrote: post #57
AJ007 wrote: post #48

Earlier quoted context omitted.

Cancelling a recurring service is generally no more difficult than saying, "please cancel my subscription quick so I don't have to charge this back."

Companies will find ways to delay you as long possible: http://i.imgur.com/G0qlu.jpg

Except when forced to by law. Illinois doesn't allow Microsoft to do that and Illinois residents can cancel with one click.

Re: Netflix loses 800,000 subscribers (stock drops 28%)

#156

Post by cubicle67 »

notJim wrote: post #149
cubicle67 wrote: post #128

Earlier quoted context omitted.

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?

I'm sorry, as this is rather off-topic, but are you by any chance unfamiliar with credit scores because they don't exist in Australia? If so, how do lending institutions gauge your credit-worthiness, and how do you set expectations about the same? I am just curious how this works outside of the US.

This is going to sound terribly naive, but I don't know what we have here in Aus. I've got a mortgage, car loan and credit card, but the process for getting them was relatively mundane. I know if you sign up for a phone plan they do a "credit check" but I don't know what it involves. I assume we have something, but I've never had cause to think about it before

Re: Netflix loses 800,000 subscribers (stock drops 28%)

#158

Post by palish »

cubicle67 wrote: post #156
notJim wrote: post #149

Earlier quoted context omitted.

I'm sorry, as this is rather off-topic, but are you by any chance unfamiliar with credit scores because they don't exist in Australia? If so, how do lending institutions gauge your credit-worthiness, and how do you set expectations about the same? I am just curious how this works outside of the US.

This is going to sound terribly naive, but I don't know what we have here in Aus. I've got a mortgage, car loan and credit card, but the process for getting them was relatively mundane. I know if you sign up for a phone plan they do a "credit check" but I don't know what it involves. I assume we have something, but I've never had cause to think about it before

I wish I could be terribly naive too... =) Aus sounds amazing!

Re: Netflix loses 800,000 subscribers (stock drops 28%)

#159

Post by palish »

ari_ wrote: post #153
palish wrote: post #122

Earlier quoted context omitted.

Interesting.. Thank you. Would you mind pointing out where to get further info? What if they respond in time?

The phrases you're looking to google are: [credit report validation] [codename47 site:fatwallet.com] Also check out these: http://www.bargaineering.com/articles/how-to-fight-debt-coll... (note that this site is now owned by Quinstreet so caveat emptor) and http://www.creditboards.com

Thank you so very much!

Re: Netflix loses 800,000 subscribers (stock drops 28%)

#160

Post by merijnv »

notJim wrote: post #149
cubicle67 wrote: post #128

Earlier quoted context omitted.

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?

I'm sorry, as this is rather off-topic, but are you by any chance unfamiliar with credit scores because they don't exist in Australia? If so, how do lending institutions gauge your credit-worthiness, and how do you set expectations about the same? I am just curious how this works outside of the US.

non-US perspective:

In the Netherlands we have the "Burea of Credit Registration" which registers most debts, storing:

    - amount
    - start date
    - expected end date
    - actual end date
    - type of credit
    - miscellaneous notes
If payments are missed or other difficulties develop the lender can contact the Bureau, which notes this information on file. This information is stored for up to 5 years after final payment.

Note that this only tracks loans to individuals with a duration longer than 3 months and over a certain minimum amount.

The basic idea is that everyone who has not failed to repay a loan is considered creditworthy, actual loans are based on the above info, income (plus certainty of employment) and collateral.

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