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Originally Posted by vsex
Ya, that's what they offered, 7 DVDs a month for $2, pull your head out of your ass.
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Well let's see, I'm a streaming customer only. Before Sept I could have added on 1 DVD a a time for $2 a month extra. Now with 1 DVD at a time it's possible to rent up to 7 DVDs a month. So where am I wrong? And how would Netflix make any money off the DVD part by charging me just $2 a month for 7 DVDs? I'm surprised they can do it at $8.
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Losing 800,000 subscribers in 2 months is brutal
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800,000 out of 24 million. That's 3%. Also most were on the DVD side. And most of those were 1 DVD at a time people which is a money loser for Netflix. Trust me Netflix makes MUCH more money form the people paying $8 for streaming that they do from the people that pay $8 for DVDs. Netflix is trying to move away from DVDs. They called themselves NETflix not MAILflix. And if those 800,000 retards think they'll be geting a better deal somewhere else they are in for a shock. Redbox charges $1 per DVD. Blockbuster cheapest DVD plan is $10 a month. No streaming option included.
Also funny how they lost 800,00 customers yet.....
Earnings rose to $62 million, or $1.16 per share, compared to $38 million, or $0.70 per share, in last year's third quarter.
yea real bad move.
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Originally Posted by sweetcuties
Good, they deserve it! I've never been with NetFlix but it's good to teach major companies a lesson, you can only push the public so much before there's pushback. Hopefully other companies get the same fate  |
Exactly what did Netflix do wrong? Not give shit out for free? Like welfare and foodstamps? You give YOUR shit out for FREE? Nope.
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Originally Posted by rayadp05
I've been thinking of cancelling my membership to them but since I enjoy the movies that are streamed to my Roku box, I will stay with them for the time being. Although, if their prices go higher, I will cancel soley based on the fact that they are being greedy fucking bastards.
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If you have been streaming only your price didn't go up AT ALL. So I'm not sure where you get that you got some price increase. Netflix greedy? Funny how charging more than $8 a month for all of Netflix content is "greedy" charging $40 a month for a paysite with MUCH less content is just doing good business.
The greedy ones are the Hollywood studios and that's where any anger should be directed. Not Netflix.
Here's some FACTS on the Starz deal.
Netflix had been paying $30 mil a year. Contract ends in February 2012. Netflix offered $250 mil a year to Starz. A 8 fold increase. Starz said no. They wanted $300 mil AND they only wanted their content offered to those customers that had BOTH the streaming and DVD packages. In other words Starz wanted to make sure you paid $16 a month to access their content on Netflix. Yet somehow NETFLIX is the bad guy in this.
You know I'm sure plenty of morons out there would think it'd be great for McDonald's to charge only 25 cents for a McRibb. Guess what, it's NOT from a business standpoint. Now I expect the igorant, uneducated general public to not get this. I'm shocked to see so many "business" people here that don't.