patrick.net

52-Week Range shows 74.33 - 304.75

I like how their excuses for the stock crapping out, keep gravitating toward the "Naming" debacle. Never once have they acknowledged most all subscribers that bailed did so due to the price hike.

I am convinced they fabricated the name change to create a distraction. Their site is already set up and works seamlessly for both streaming and dvd content. It would be a foolish move and costly to separate out the logic that drove the one site into two.

I don't believe they never had plans of actually following through. It was just a distraction.

I am one of those people that jumped. I only tolerated the service because I considered it a bargain deal. Due to their lack of prepping the customer to changes, I bailed. I am one of the 800,000. I am not going back either. Red Box is much easier.

The real culprit is the Studios, who squeezed the hell out of Netflix in terms of royalties. Netflix was just passing along their increased costs

If they didn't Flinch then they could have Sued the studios.
By placing the impetus on the user to pay up, they have nothing to stand on when their User base pushes back, and bails on them.

I think the people have spoken, 4.50 a month is the price point for streaming video. Not 9.99, 9.00 if you include mail order Disks as well.

This is why iTunes has not become the Global purveyor of movies.
They've been offering them for .99 cents a pop for years.

At 9.99 you would have to watch 10 movies in a month to justify it at even iTunes prices. Provided Netflix streaming library, that wouldn't be very unlikely.

There's rarely I ever find 10 movies to watch on HBO in a given month.

Netflix got more subscribers than their licenses would cover. They had little choice but to unbundle their DVD Rental/Streaming package into two sections.

Unlimited Streaming and Mail rentals for $16? 20 years ago that was the price of renting 4 or 5 movies, and you only got to keep them for 24-48 hours at most places, plus drive there, and a more limited selection to boot.

$16 a month for both streaming and mail sounds pretty good to me.

thunderlips11 says

The real culprit is the Studios, who squeezed the hell out of Netflix in terms of royalties. Netflix was just passing along their increased costs

Yeah, exactly. The early adopter studios paid the price -- they got underpaid for their content. Of course, lots of the studio contracts have since been renegotiated for higher fees. Netflix was never quite economical as a streaming business at the original price per month. The price only made sense when Netflix had a tiny amount of content that was available for streaming.

The GOP says

If they didn't Flinch then they could have Sued the studios.

Based on what claim? That would be a frivolous suit if I ever heard one.