I cancelled my subscription, not because of the price increase, but because the auto-play interface made me stop using the app.
EDIT: disregard.
Netflix shares sink 10% as subscriber take-up slows
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Re: Netflix shares sink 10% as subscriber take-up slows
#12Re: Netflix shares sink 10% as subscriber take-up slows
#13I cancelled my subscription, not because of the price increase, but because the auto-play interface made me stop using the app.
I'm about to cancel my subscription because their content selection is weak overall. They have a few native shows that are worth watching. Beyond that, their movie selection is horrible (they've obviously navigated away from that for many years now).
The perpetual price increases are getting annoying. They're trying to relatively gouge the large US market to offset the fact that they're bleeding to death (on a cash generation basis they're losing extreme amounts of money, with no end in sight).
Their balance sheet - net tangible assets specifically - tells the future: -$2b 2015, -$4.5b 2016, -$6.7b 2017, -$9.7b 2018, -$15b as of 1Q19
Quarterly debt interest costs have soared from ~$35m in 2016, to $135m+ now. Meanwhile they bury themselves persistently under ever greater debt to fund production that they can't actually afford. It's going to end badly, if they could generate a real profit they would have done so by now (and competition is going to get worse, rather than lighter).
Re: Netflix shares sink 10% as subscriber take-up slows
#14Earlier quoted context omitted.
FWIW, you can turn off auto play in the settings.
I think this is a splendid demonstration of what follows when a service goes from good defaults to bad defaults, and leaves you the user to check the box to change it back. FWIW.
With the focus on series and binge-watching, I don't think it's a bad feature.
Re: Netflix shares sink 10% as subscriber take-up slows
#15I cancelled my subscription, not because of the price increase, but because the auto-play interface made me stop using the app.
Same. With such a focus on UX, you'd think they wouldn't force that kind of crap as a default.
Re: Netflix shares sink 10% as subscriber take-up slows
#16I cancelled my subscription, not because of the price increase, but because the auto-play interface made me stop using the app.
If you canceled because a feature that can easily be disabled, they never had you anyway. EDIT: If you disagree, care to elaborate?
There are straws that overly encumber camels.
Re: Netflix shares sink 10% as subscriber take-up slows
#17I cancelled my subscription, not because of the price increase, but because the auto-play interface made me stop using the app.
For everyone telling them you can turn that feature off, for the Xbox app at least, I assure you that you cannot.
Re: Netflix shares sink 10% as subscriber take-up slows
#18Netflix has yet to find a property that can go the distance and really hook people long term.
This whole “cancel a show after 3 seasons” is not what users who grew up with 6,7...10 year runs of shows connect to.
They need some content with long legs to keep the sort used to Frasier like life spans.
That’s who was tuning in during their growth period, for those old shows they can’t hang onto now.
Re: Netflix shares sink 10% as subscriber take-up slows
#19Earlier quoted context omitted.
I think this is a splendid demonstration of what follows when a service goes from good defaults to bad defaults, and leaves you the user to check the box to change it back. FWIW.
With the focus on series and binge-watching, I don't think it's a bad feature.
Previews that auto play on hover (with SOUND!) = rage inducing
Auto playing the next episode = Good
Re: Netflix shares sink 10% as subscriber take-up slows
#20Netflix is fast on its way to becoming HBO, when other companies pull their content they'll use the money to pay for more original content. I wouldn't be too worried about their financials at the moment, but rather a year down the road when other subscription services are established.