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Netflix will raise streaming prices for new members this quarter

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Re: Netflix will raise streaming prices for new members this quarter

#11
I understand the price hike, but Netflix feels like its value to me as a media consumer is stagnating. House of Cards and a bit of laziness is why I've kept it, but I consider ditching it whenever I'm reminded of the fact that I pay for it.

If they want to survive they need to do 3 things imho: 1. Improve their recommendation algorithm 2. More high quality original series (preferably without extorting Maryland for its arts funding) 3. Stop losing quality content

Re: Netflix will raise streaming prices for new members this quarter

#14
post #12

Why discriminate against new customers? It doesn't seem like a good business case.

Getting a new customer is always more expensive than keeping a current customer - it makes good business sense then, to cover the added cost.

Re: Netflix will raise streaming prices for new members this quarter

#15
post #6

I think this has been a long time coming. $8 a month is very, very cheap for legal streaming video. Single episodes cost $2 or $3 when bought outright, and Hulu Plus exists at the same price point but with a tremendous amount of ads (getting near to broadcast-level). It has been an absolute bargain for a while, and will remain so at $10/m, in my mind.

Absolutely agree.

Recently, I've been really impressed by the quality of the streams I'm getting from hbogo vs typical show on Netflix. Hopefully this allows Netflix to push higher quality streams down the pipe.

Or there is a magical setting I'm missing...

Re: Netflix will raise streaming prices for new members this quarter

#16
post #6

I think this has been a long time coming. $8 a month is very, very cheap for legal streaming video. Single episodes cost $2 or $3 when bought outright, and Hulu Plus exists at the same price point but with a tremendous amount of ads (getting near to broadcast-level). It has been an absolute bargain for a while, and will remain so at $10/m, in my mind.

Absolutely agree. Recently, I've been really impressed by the quality of the streams I'm getting from hbogo vs typical show on Netflix. Hopefully this allows Netflix to push higher quality streams down the pipe. Or there is a magical setting I'm missing...

It's unlikely to be the cause of your quality issues, but there is in fact a magical setting for stream quality in the Netflix player. With the player open (but not fullscreen) and streaming a video, press ctrl+alt+shift+s to select bitrate.

Re: Netflix will raise streaming prices for new members this quarter

#17
I wonder how much this will bump new subscribers before it takes effect.

I guess it's Pingdom and Founders Card who took the "escalating price grandfathered-subscription model" to the limit, but it might be interesting if Netflix committed to roughly the same thing.

(with FC, it started out as $99/yr renewable at that price indefinitely for ~$300 in benefits, and went up $50 every half-year along with increased benefits; it's now about $400/yr and maybe $400-600/yr in value).

This might be an interesting model for SaaS startups, and is sort of related to the kickstarter "50 units at early adopter discount" model of tiered pricing.

Re: Netflix will raise streaming prices for new members this quarter

#18
post #6

I think this has been a long time coming. $8 a month is very, very cheap for legal streaming video. Single episodes cost $2 or $3 when bought outright, and Hulu Plus exists at the same price point but with a tremendous amount of ads (getting near to broadcast-level). It has been an absolute bargain for a while, and will remain so at $10/m, in my mind.

> $8 a month is very, very cheap for legal streaming video.

Media pricing is subjective. Yes, its cheaper than buying outright on iTunes; but its still more expensive that pirating it. It'll make a great pricing experiment.

Everyone values content differently.

EDIT: Easy on the downvotes y'all. I don't pirate my content, I'm saying people will.

Re: Netflix will raise streaming prices for new members this quarter

#19
post #8

I'm bearish on Netflix because... a) Everyone and their sister seems to have the technology for a streaming video service. b) They have no shortage of big name competitors like Amazon, Hulu, and Vudu. c) Content companies that provide the bulk of value to Netflix subscribers can keep raising their licensing fees until Netflix is left with zero profit.

Hulu -> Ads Vudu -> Don't you have to pay way more than $7.99 if you watch a few shows/videos a month? Amazon -> Honestly, not impressed unless they start making it work on all platforms. That said, I think C is always going to be the anchor that drags Netflix down which is why they started generating their own catalog. If they can get up to a HBO quality of selection/service on their current model...with the same le…

>who wouldn't pay $120/year for streaming everything HBO has?

For me, the appeal of Netflix in the DVD-by-mail era was a large complete-feeling catalog of movies. They have not been able to recreate that experience in the streaming era, which is why they lost me as a customer a couple years back (replaced by a la carte rentals from iTunes, and a great local video store).

They indeed seem to have decided to become another HBO, with "must-watch" original content, but that feels like a very different business, and one that is a lot more difficult to dominate--they will always be one of many channels, instead of being the platform.

IRONIC, SAD EDIT: That great local video store is in trouble ( https://www.indiegogo.com/projects/save-le-video-a-sf-film-i... )

Re: Netflix will raise streaming prices for new members this quarter

#20
post #6

I think this has been a long time coming. $8 a month is very, very cheap for legal streaming video. Single episodes cost $2 or $3 when bought outright, and Hulu Plus exists at the same price point but with a tremendous amount of ads (getting near to broadcast-level). It has been an absolute bargain for a while, and will remain so at $10/m, in my mind.

Agreed. I'd pay a couple bucks more a month for twice the selection. I'm a film nut and love a lot of old titles that aren't available. My Disc queue is way more interesting than my streaming queue
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