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1 posted on 10/24/2011 4:58:57 PM PDT by skully
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To: skully
Netflix should raise prices to recoup the loss.
2 posted on 10/24/2011 5:05:37 PM PDT by Navy Patriot (Join the Democrats, it's not Fascism when WE do it. (plagiarized))
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To: skully

Since postal rates are increasing, their rates had to go up.

We enjoy the service, especially the online streaming.


3 posted on 10/24/2011 5:06:08 PM PDT by Mrs.Z
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To: skully

Netflix costs of maintaining customer accounts have gone down!


5 posted on 10/24/2011 5:08:39 PM PDT by Revolting cat! (Let us prey!)
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To: skully

During the Qwikster fiasco, I dropped DVDs, but kept streaming.

Considering that they were setting up a separate website for DVDs, that they only had a few new titles in recent months, and that the Post Office is planning to close the regional mail center and move it 150 miles away and possibly end Saturday delivery, DVDs weren’t worth it.

Their streaming still is a good deal.


6 posted on 10/24/2011 5:11:42 PM PDT by TomGuy
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To: skully

If they had only asked me for my opinion before jacking up their rates that high that fast. It was pretty much a no-brainer that they were going to hemorrhage customers like a cut artery.


7 posted on 10/24/2011 5:12:20 PM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: skully

http://finance.yahoo.com/news/Netflix-loses-800000-US-apf-198318757.html?x=0
Netflix’s downfall leaves Hastings — the only CEO the company has ever had — in a precarious position.

Once regarded as one of the savviest leaders in technology and entertainment, Hastings has turned into a punching bag for frustrated Netflix customers and shareholders. Many of them are still befuddled by his recent decision making.

After Netflix’s higher prices kicked in on Sept. 1, Hastings amplified the outrage by outlining a plan to toss the DVD rental business onto a separate website called Qwikster. The split from the Internet streaming service got panned so badly that Hastings reversed course in less than three weeks.

“I am not a quitter,” Hasting said Monday after the AP asked him if would heed some investor calls for him to resign. “We made some mistakes, but I think our 10-year track record is extremely positive. We are going to focus on making this a great global streaming business. I am very excited about that.”


9 posted on 10/24/2011 5:16:01 PM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: skully

At $20 a month, I didnt pay much attention, but when I got the email saying that if we kept the service as is it would be $30 a month, that’s when we decided it was time to cut back. Bad timing on their part to raise prices so much with the economy doing poorly for many.


15 posted on 10/24/2011 5:38:26 PM PDT by psjones (u)
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To: skully

It’s almost like they were Rick Perry


20 posted on 10/24/2011 5:53:23 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: skully

Apropos of nothing, Netflix has the worst commercials currently on radio. The fake game show meme is so tired and worn it is one of the few ads I turn off as soon as I hear it begin.


21 posted on 10/24/2011 6:22:28 PM PDT by muir_redwoods (Somewhere in Kenya, a village is missing an idiot)
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To: skully

Netflix also had a non-mentioned problem with Microsoft Silverlight that refused to allow many Mac users to watch streaming videos.

All it took for me was a call to netflix and the problem was solved which in turn caused me to return to Netflix.


26 posted on 10/24/2011 7:08:14 PM PDT by Randy Larsen
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To: skully

What is Netflix?

Roll Tide!


27 posted on 10/24/2011 7:27:40 PM PDT by logitech
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To: skully

Wow. From trading at 300 a share in July to 85 a share tonight, post earnings announcement. The market is a harsh mistress.


28 posted on 10/24/2011 7:28:53 PM PDT by 6SJ7 (I'm an AmeriCain!)
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To: skully
The wealthy (defined by: US) were not contributing enough. So prices had to rise. Don't worry, customers will have nowhere else to go.

Is the genius that hatched that plan still working for them?

And thanks for reminding me. I took my account off 'vacation' and canceled.

31 posted on 10/24/2011 10:05:10 PM PDT by CT
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To: skully

Well, you know, doubling your prices tends to do that.

I’m leaving as soon as I find that stupid disc lost somewhere in my room.


32 posted on 10/25/2011 1:21:34 AM PDT by I still care (I miss my friends, bagels, and the NYC skyline - but not the taxes. I love the South.)
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To: ADemocratNoMore; advertising guy; aft_lizard; AJMaXx; Alice in Wonderland; american colleen; ...
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35 posted on 10/28/2011 12:39:52 AM PDT by Las Vegas Dave (The DemocRATic party preys on the ignorant!)
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To: skully

I really wanted to use the streaming (and that’s what Netflix wants you to do too), but I found their selection of titles so poor that I had trouble finding something to watch.

So when Netflix doubled their prices, I dropped them. I now use VUDU to stream PPV movies occasionally. The VUDU prices are a bit high, but OTOH, you can actually choose recent-run movies that Netflix simply does not offer. I am probably paying more money some months with VUDU, but I am watching the movies that I want to watch, and I’m only paying when I do watch - not a monthly fee.

The VUDU app runs in both my Internet-enabled TV and Blu-Ray player. It is really solid, and streams HD content with very high quality and no interruptions. I also tried the Amazon video player app, but found that it bombed out 5 or 6 times every time you watch a movie, so for now I am sticking with VUDU.


38 posted on 10/28/2011 2:25:58 AM PDT by Scutter
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To: skully

Netflix streaming is still a much better value than having cable TV, in my opinion, but they really did screw up the way they did their changes. First of all, if they’d simply announced a modest price increase on the typical service (even 20%), it wouldn’t really have been a big deal to customers ($2/month). They already had a cheaper streaming-only option available, so they could have promoted that and nobody would have minded, and people like me probably would have migrated over to that eventually anyway (I hardly ever watched the DVDs... I’d hang on them for weeks). The ‘Quickster’ thing was unspeakably dumb, basically a slap in the face to the customers who *were* willing to pay 60% more for DVDs, and with a name almost identical to an old Amway scam.

I’m keeping Netflix streaming because it’s cheap and I use it all the time. If Amazon Prime keeps getting more programming, I might be tempted to switch, but only if Amazon lets me stream through a Wii like Netflix does.


44 posted on 10/28/2011 7:15:31 AM PDT by Sloth (If a tax break counts as "spending" then every time I don't rob a bank should be a "deposit.")
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To: skully

I have way too much invested in my entertainment system to watch streaming video via my crappy (rural) internet connection. No interest whatsoever.

Even with the best connection available, streaming is no match for a properly recorded BluRay on a system that is good enough to appreciate it. Especially the audio.

By going to disc only, I am actually paying slightly less than I was before, and not paying for streaming.


47 posted on 10/28/2011 8:45:54 AM PDT by moonhawk ((Broken)Heartless Hobbit for Sarah...)
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To: skully

I’m sticking with Netflix... sure they made some mistakes, but they also corrected them. I have always rec’d 100% of the time excellent customer service from them, and the one time I rec’d a scratched disk, they bent over backwards to make me happy.

I also LOVE my instant streaming!!


48 posted on 10/28/2011 9:39:00 AM PDT by diamond6 (Check out: http://www.biblechristiansociety.com/home.php and learn about the faith.)
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To: skully

Anyone that bitches and moans about paying $8 per month for the Netflix streaming service is an idiot. It is absolutely best deal out there- by far.


50 posted on 10/28/2011 9:28:39 PM PDT by WackySam (Obama got Osama just like Nixon landed on the moon.)
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