Netflix Change...

kelmac07 · 07-13-2011, 05:35 AM

NEWSFLASH: Greedy CEO runs company to the ground with decision.

First the offer a great service at a great price, put Blockbuster out of business, and run a HUGE membership drive, then raise the prices...

Gargoyle · 07-13-2011, 06:00 AM

I'll be dropping the streaming as well. Very limited availability and I get more options as part of my free on demand movies with my cable company.

GreekGodX · 07-13-2011, 06:35 AM

Quote:

Originally Posted by kelmac07

NEWSFLASH: Greedy CEO runs company to the ground with decision.

First the offer a great service at a great price, put Blockbuster out of business, and run a HUGE membership drive, then raise the prices...

They really don't have competition anymore.. Once Blockbuster started closing I had a feeling Netflix would raise their pricing.

However it is understandable considering just for them to expand their digital library they will pay a ton just for licensing.

PeteSB75 · 07-13-2011, 06:49 AM

The email I got said the unlimited streaming was going up to 7.99 a month, with the 2 DVD/Bluray I have currently at 14.99. This does wind up being a $5 increase over what I am paying now. I've been a netflix customer since 2003 and I've no plans to change that now. Their customer service has always been helpful whenever I've had a problem and that is worth the price of entry for a product I use.

I think this is based more on the fact that they are being charged more for the digital streaming rights by the content providers. When they started streaming, they were the only game in town and could dictate prices. Now there are several more (Amazon, Hulu), with additional players getting into the business as well, and the studios feel they can get more money.

MajorCaptSilly · 07-13-2011, 07:56 AM

I'm hoping this change will increase their streaming options. I switched to streaming only and am returning the DVDs I've had for 6 months.

MCS

357 · 07-13-2011, 12:38 PM

Quote:

Originally Posted by PeteSB75

The email I got said the unlimited streaming was going up to 7.99 a month, with the 2 DVD/Bluray I have currently at 14.99. This does wind up being a $5 increase over what I am paying now. I've been a netflix customer since 2003 and I've no plans to change that now. Their customer service has always been helpful whenever I've had a problem and that is worth the price of entry for a product I use.

I think this is based more on the fact that they are being charged more for the digital streaming rights by the content providers. When they started streaming, they were the only game in town and could dictate prices. Now there are several more (Amazon, Hulu), with additional players getting into the business as well, and the studios feel they can get more money.

From an IT guy, I understand that to allow streaming and expect good performance for thousands or millions of customers must cost a pretty penny.

From a customer, I don't want to pay more, but for me it's $5. I have 3 DVDs and streaming for $20. I believe it will be $25. Sucks, but not the end of the world.

Apoco · 07-13-2011, 06:52 AM

Quote:

Originally Posted by GreekGodX

However it is understandable considering just for them to expand their digital library they will pay a ton just for licensing.

Exactly. Am I happy that prices are raising? Nope - it hurts my bottom line.

But at the same time I can understand from a business standpoint why it is necessary. The price to expand their digital streaming service is ballooning quickly as companies realize there's a lot of money to be made from it.

I personally dumped the disc service and stuck with streaming. I like their back catalogue of TV shows.
Posted via Mobile Device

07-13-2011, 05:35 AM	#1
kelmac07 Resident Maduro Whore!! Join Date: Apr 2009 First Name: Mac Location: Newport News, VA Posts: 27,322 Trading: (218)	Re: Netflix Change... NEWSFLASH: Greedy CEO runs company to the ground with decision. First the offer a great service at a great price, put Blockbuster out of business, and run a HUGE membership drive, then raise the prices... __________________ Dom in the MLB thread "I could probably get you to wear a Yankee hat for a Maduro!"

07-13-2011, 06:00 AM	#2
Gargoyle Got Coffee? Join Date: Oct 2008 First Name: Patrick Location: Central MA Posts: 389 Trading: (7)	Re: Netflix Change... I'll be dropping the streaming as well. Very limited availability and I get more options as part of my free on demand movies with my cable company. __________________ Boy, n.: a noise with dirt on it. ~Not Your Average Dictionary

07-13-2011, 06:49 AM	#4
PeteSB75 Have My Own Room Join Date: Oct 2008 First Name: Pete Location: CT Posts: 1,674 Trading: (18)	Re: Netflix Change... The email I got said the unlimited streaming was going up to 7.99 a month, with the 2 DVD/Bluray I have currently at 14.99. This does wind up being a $5 increase over what I am paying now. I've been a netflix customer since 2003 and I've no plans to change that now. Their customer service has always been helpful whenever I've had a problem and that is worth the price of entry for a product I use. I think this is based more on the fact that they are being charged more for the digital streaming rights by the content providers. When they started streaming, they were the only game in town and could dictate prices. Now there are several more (Amazon, Hulu), with additional players getting into the business as well, and the studios feel they can get more money. __________________ Formerly Malik23

07-13-2011, 07:56 AM	#5
MajorCaptSilly Sklee Join Date: Oct 2008 First Name: Scott Location: Mishawaka, IN Posts: 2,523 Trading: (30)	Re: Netflix Change... I'm hoping this change will increase their streaming options. I switched to streaming only and am returning the DVDs I've had for 6 months. MCS __________________ Pillsbury, Minneapolis, Prince, Spoon Bridge and Cherry, coinkydink?