lol @ netflix stock price crashing - greedy pricks

[Leonydus]

netflix is getting robbed by the greedy jewbag studio giants. they seen netflix rollin' they hatin'

[Chynaman]

they lost STARZ with their greed... so we get less and they charge more

They didn't lose STARZ cause of greed by netflix, they lost it from their own greed...the Starz network needed people to subscribe to them through their cable providers....not watch them through netflix, which was hurting STARZ's bottom line

[ragingcrayon]

netflix is getting robbed by the greedy jewbag studio giants. they seen netflix rollin' they hatin'

agreed... and passing the costs is one thing... doing it in this brazen fashion is a serious F U to people who have stood by them for a long time.

Its like... oh you like paying $14 a month? Nice, now u pay $23 a month cuz of the movie studios.

fck offfffff... raise it from $14 to $16 and send me a nice letter explaining why and I'd bite... but fck u netflix

[rjmwx81]

Actually, due to the price increase, they're still expected to make $10-25 million more this year than last year even with all the subscribers leaving

They also projected that they would lose only 800k subscribers. Instead, they lost an *additional* 600k...so 1.4 million total. I don't care what your revenue projections are...losing $14 million in revenue in a quarter (1.4 million times an average $10 subscription) is a big, big hit to take. Plus, they lose that revenue going forward. And that doesn't even count people who downgraded from discs + streaming plans to one or the other...that's another $2 lost per subscriber who they manage to keep, but who downgrades.

[DualRectifier]

There are two Redboxes in the grocery store downstairs in my building. Another 3 Redboxes within a block. $1 for any movie, $1.50 for BluRays and PS3 games. I don't see how Redbox isn't eating Netflix's lunch.

[EnderG60]

I just canceled my cable TV, and tried out netflix. it sucks too, the crap to good stuff ratio is the same as cable and everything I want to watch is dvd only and has a waiting list.

I remember when cable was uncensored and had no commercials, that was why you paid for it. Why anyone pays now is beyond me.

screw all that crap, Ill just keep downloading like I have been since '94. BRB getting whatever I want to see and not a single F was given.

[doylertheoiler]

60%? My monthly fee went from $8 to $16, how is that "hardly noticeable"?

hardly noticeable in the grand scheme... unless you use food stamps.

[YourMirin]

How about you nerds get off the ****ing misc and get a job 15$ a month for access to to tens of thousands of legal movies is completely reasonable. I dont have to takegirls to the movies anymore and have to spend 25$ on the tickets,food,gas I invite them back to my place smoke them up watch something from netflixs on my 60 inch lcd and pretty much **** them for for free.

[iForce Dave]

How about you nerds get off the ****ing misc and get a job 15$ a month for access to to tens of thousands of legal movies is completely reasonable. I dont have to takegirls to the movies anymore and have to spend 25$ on the tickets,food,gas I invite them back to my place smoke them up watch something from netflixs on my 60 inch lcd and pretty much **** them for for free.

lol yeamirin

[GruneBass]

yeah I canceled mine,just sticking with Hulu

[rjmwx81]

How about you nerds get off the ****ing misc and get a job 15$ a month for access to to tens of thousands of legal movies is completely reasonable. I dont have to takegirls to the movies anymore and have to spend 25$ on the tickets,food,gas I invite them back to my place smoke them up watch something from netflixs on my 60 inch lcd and pretty much **** them for for free.

Negged. It's the principle of the thing. In a sh!tty economy, you don't double the price for a service, brush of people who complain about it, and expect to stay in business.

[scotyg]

ive only had internet streaming for a long time so i didnt even notice it. worth it just for the tv shows imo

[5-O]

Negged. It's the principle of the thing. In a sh!tty economy, you don't double the price for a service, brush of people who complain about it, and expect to stay in business.

I agree brushing people off about a price increase is a bad PR move, but "the principle" of it?

This is a business, not a charity, they can make their price whatever the fuk they want. it is up to you, the consumer, if the price they are charging is worth the good/service they provide. If not, you can take your business elsewhere/save.

[rjmwx81]

I agree brushing people off about a price increase is a bad PR move, but "the principle" of it?

This is a business, not a charity, they can make their price whatever the fuk they want. it is up to you, the consumer, if the price they are charging is worth the good/service they provide. If not, you can take your business elsewhere/save.

I meant more the principle treating the customer well. They basically told the customer to fuk off if they don't like the new price, but now they're acting all surprised that customers are, in fact, fuking off.

[invaded]

price didn't change since i only stream movies. they losing Starz Play as well. Think Google or some other big company with good ties
will step into the scene soon

[SaliorUSN]

what happened.... aware me

[ragingcrayon]

I agree brushing people off about a price increase is a bad PR move, but "the principle" of it?

This is a business, not a charity, they can make their price whatever the fuk they want. it is up to you, the consumer, if the price they are charging is worth the good/service they provide. If not, you can take your business elsewhere/save.

thats the point of this thread fool... that the consumers spoke up... and in a greater capacity than expected

[arn710]

I read they lost like 600,000 members

lulz

[RudeKong]

I really think they just handled the price increase the wrong way. Im sure they could have made a marketing plan or something that didn't make it look like they were raising prices just to do it. Could have provided all the reasons they "had" to, of course unless they are raising prices just to do it and can't justify it. I cancelled mine a few days ago because they don't get new stuff to either the DVD selection or Instant often enough for me, couldn't justify the cost anymore

[BodyspaceFakes]

I sitll think the service is worth it, I still use it.

This.

I've had Netflix for 4 years now and will continue to use it. Back then streaming was not even possible, and was only in testing mode. Most of the complaints now are from recent subscribers who only pay for streaming. I hardly use streaming, since the movie selections are sub-par to every thing I can get mailed.

Have been paying for 3-Dvds at a time since the beginning. Was only $17.99 back then and went up a buck or two last year. With the changes now, it will go up another $3 at the start of next year. So no, not even mad. There is nowhere else you can get the variety of movies Netflix offers.

BRB watching 6 topnotch movies back-to-back every week (from mail, I don't even bother looking at the streaming selections).
BRB watching movies from Czech, Bosnia, Africa, Russia, Tibet, and every other ****ing corner of the world.

Unless you only watch mainstream (mostly ****ty) Hollywood flicks, I'd recommend some of you ******* whiners to upgrade to DVD-by-mail.

No, its not their fault. Its the same greedy people who are in the MPAA, the big companies like Sony and Time Warner. These companies are all trying to start up their own services or host more of their shows on their website with ad's for revenue...they are intentionally making outrageous terms with Netflix that are aimed to kill the service off because they have a lack of content.

And this. It was only last year, the studios made us have to wait a month for new movies to be delivered or streamed after coming out in DVD, and other ****.


Long live Netflix. U MAD, *******S?

[Archangel_Lost]

I only use streaming, but still might cancel anyway. Seems like I've watched all there is to watch.

[starvin]

I had Netflix for 4 months and got rid of that ****. You get 1 good movie a month, besides that there is maybe 2 good movies. Within a month I probably watch everything worth watching and then it's like ok WTF now? They are cracking down on piracy, torrenting, etc.. yet they can not afford to provide a quality streaming and hosting company. I want HD, Bluray, ALL the TV shows, newest episodes out right away, newest dvd's/bluray releases, new movies that are in THEATER I will pay $10 to watch at home.

If I think a movie is good enough, i'll go to the theater and pay for me and my girl to get whatever we want, because the movie will be worth it. They are taking away something people can enjoy (torrents) and not replacing it with any other service that can be as good. (in b4 cheap, I will spend $50 for me and my girl when we go out for just the theater)

I will gladly pay a monthly fee for a premium service. It's a fact no one can afford the storage, and servers needed for 200 million people to watch what they want to in HD or Bluray. So **** off government, let us have torrents till you can actually replace it with a justifiable service.

edit:

Yes they aren't getting any money(when torrented), but that is only someone else to blame. Provide a outlet that users can pay for these "copyrights" and make everyone happy

/rant

[JoshSP1985]

I won't be affected because streaming prices are unaffected.

This, it's great for catching up on TV series you want to watch.

[serialced]

I know all the facts junior.

And right now, there is an unpredicted effect from the price increase they didn't plan for. That is why the stock is dropping. Because of the news of a higher than expected drop rate.

thxkbai

O Rly?

http://seekingalpha.com/article/2706...p-for-disaster
Written: May 18 2011

The collapse was inevitable, the price raise is not the main reason.

[Lilswolled]

saw this on msn.com just now http://money.msn.com/mutual-fund/art...f505&GT1=33016

[tenaciousj]

How about you nerds get off the ****ing misc and get a job 15$ a month for access to to tens of thousands of legal movies is completely reasonable. I dont have to takegirls to the movies anymore and have to spend 25$ on the tickets,food,gas I invite them back to my place smoke them up watch something from netflixs on my 60 inch lcd and pretty much **** them for for free.

Its not about price its about how terrible their streaming selection is. I have their streaming and if it goes up any more I will can it just because all its good for is tv shows, the good movies are far and few and I hate waiting for dvds to come in the mail. When I want to watch something I want to see it now not in 2 days when it gets here. I'd rather take a 3 minute ride to town and get it then and there.

[antmun]

Cancelled mine as well. Tons of people I know did also. Terrible business decision. Redbox will be making a killing on Netfilx' gaffe.

[ragingcrayon]

O Rly?

http://seekingalpha.com/article/2706...p-for-disaster
Written: May 18 2011

The collapse was inevitable, the price raise is not the main reason.

dont be a fool... do you know how the stock market works? This particular news triggered the selling. That analyst's article did not.

The huge drop last week is particularly due to that news. Not taking anything away from mr Jacobs, he made a great call, and between the fundamentals and the technicals, there was recipe for a drop... but that drop would not have happened last week if 1M+ custoemrs didnt cancel.

If that news didn't drop, Mr. Jacobs would still be waiting for his shorts to pay off.

come at me bro

[BobbyZeus]

We have bigger issues than netflix being money hungry. Seems like all internet providers at one time or another will enforce caps on bandwidth. Currently ATT is capping DSL at 150GB and Uverse at 250GB a month.

As to Netflix, I downgraded to streaming only. If anything, now it's cheaper for streaming only. I really didn't care much for the DVD selection anyways. The only issue with the streaming is that they don't updated it enough. I don't justify the big increase, but an increase was meant to happen.

[kriya]

utorrent now has a stream feature for movies/shows you're downloading, just sayin


i have an invite left for iptorrents.com, just sayin


OP, your rep power's looking farkin joocy, just sayin