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RE: Morons
By Smartless on 7/12/2011 8:37:02 PM , Rating: 1
Yeah I wonder if iTunes along with Apple TV will become a player. Other players like Amazon, Hulu, and even MS might all ramp up their efforts.

But you're right. This may be the tipping point when fans become enemies. When corporate gets greedy. But don't get your panties in a bunch. If Netflix corporate sees that this was an unpopular idea, they'll release a platinum membership which will allow both streams and dvds (but not allow blu-rays, lol).

RE: Morons
By Mitch101 on 7/12/2011 9:13:13 PM , Rating: 5
Im ok with this. Im a streamer and could care less about getting a physical disc. I though I did at first but really the discs that arrive in the mail I find useless and return them without even watching them most of the time. So Netflix is just risking the disc in the mail for only $2.00 more.

Im also all for Netflix making a profit too they never once screwed around like Blockbuster did with me.

Besides $2.00 less is two redbox rentals at my local gas station if needed.

RE: Morons
By jeepga on 7/12/2011 10:39:30 PM , Rating: 2
Netflix had an 88% increase in profit last reporting cycle. They're making good profits. This is their second price increase in a year.

I couldn't care less if there is a reason behind it. It's unacceptable and I will be cancelling my subscription before the increase goes into effect.

RE: Morons
By Mitch101 on 7/12/2011 11:08:16 PM , Rating: 5
Its a $2.00 price cut for me.

Not long ago the only option was DVD rental no streaming and it cost more than $8.00.

I would also bet that increase was due to Blockbusters Chapter 11 not all of them went to redbox.

I even look at Hulu+ at $7.99 and that has commercials and think Netflix is a better offer where the two compete with one another where Netflix is the $8.00 commercial free version.

I still think its a good bargain if not there is always redbox.

RE: Morons
By FITCamaro on 7/13/2011 9:42:29 AM , Rating: 1
Yeah I might take this money from cutting DVDs off and go get Hulu Plus. I'll keep streaming for now.

Netflix is risking shooting themselves in the foot here. I didn't mind the last price increase. But this one is a bit ridiculous. Charging roughly double the prior cost?

Sorry but if they were going to do this, they needed to provide reasons such as massive increases in licensing fees for movies. Put the blame on the movie industry. Not give a BS reason that amounts to "We want more money".

Now if they take this (potentially, depending how many people cancel) higher revenue and drastically improve their streaming options, this could turn into a win for them.

RE: Morons


RE: Morons
You don't care if there actually was a reason?


RE: Morons





RE: Morons
By tigz1218 on 7/13/2011 8:41:58 AM , Rating: 3
How is it "unacceptable"? Was renting movies a fundamental right that I am unaware of? It's called capitalism, and when companies make mistakes, it opens the door for a competitor. Maybe that could be you. Learn from things like these how to capitalize, not get angry, and you will be a very successful person.

RE: Morons

RE: Morons
By rubbahbandman on 7/13/2011 12:18:20 PM , Rating: 2
I assume the reasoning behind this is reducing SG&A (Selling, General & Admin expenses) and improving cash flows.

If you take a look at their quarterly report SG&A has increased substantially, no doubt a large portion is attributed to the physical media side of their business.

It seems a bit odd that they don't offer any sort of discount for bundled packages though...

RE: Morons
By Denigrate on 7/13/2011 9:54:38 AM , Rating: 4
I went to the streaming only option when they offered it, so this has zero effect on me. I hate physical media at this point as it's simply something else to keep track of around the house.

I'd guess Netflix wants to move to streaming only, and this will help get them there.

RE: Morons

RE: Morons

RE: Morons
Last week I wanted to watch Transformers 2

Uhhh, why?

RE: Morons
I don't get it.



RE: Morons
By icanhascpu on 7/19/2011 3:33:02 PM , Rating: 2
What will help them get there is having content that matches the physical DVD service. Not upping the cost and adding little.

