Financial bind? Nope. Enough to make me stop and take value of it's worth to me? Oh, absolutely. Already dropped our cable TV which was $85/month. Plan on using that $1,000 (per year) to almost cover a Caribbean vacation next winter (flying down on miles). Almost $200/year for Netflix? No thanks, we'll put that money to use somewhere else...
one thing i want to mention, the quantity of hd streaming titles has been increasing pretty steadily. i think part of this issue was that a lot of the original titles that were in the streaming library were older movies and as such weren't available in HD to begin with. Now that they're adding newer movies (subsequently also available in hd formats) the amount of streaming hd titles is increasing.
this*
is this a moan? you are white, correct?
Don't make me use a smilie. I haven't used a smilie since 1984.
this price increase is pretty much solely driven by the cost of licensing agreements with studios.
Licensing has to be the bulk of their cost. I know most of the studios are scared of the idea that DVDs could go extinct, so they are scrambling to figure out how to make their money after the theaters.
I'm with Dante on this. We canceled our satellite over 3 years ago because the cost/value ratio was WAY too low IMO. 70 bucks a month and there was never sh*t on that I wanted to see. Netflix was a recent addition for us, probably less than a year now, and while we've enjoyed it, I also kind of miss the quite and solitude of not having the squawk box in the house. I realize this touches on some other issues, but not having the TV was nice, we did stuff as a family and did lots of reading instead of sitting round the idiot box at night. Netflix at 10 bucks was a decent value and we did enjoy watching movies/tv shows (Battlestar Galactica FTMFW!!
) While 16 bucks a month isn't going to break the bank it starts to encroach dangerously on the "its not worth it" territory in my mind.
Everything is based on percentage increases... Otherwise you'd eagerly lap up every $2 increase in the cost of a cup of coffee, but balk at a $1,000 increase in the cost of a car.I'm with Dante on this. We canceled our satellite over 3 years ago because the cost/value ratio was WAY too low IMO. 70 bucks a month and there was never sh*t on that I wanted to see. Netflix was a recent addition for us, probably less than a year now, and while we've enjoyed it, I also kind of miss the quite and solitude of not having the squawk box in the house. I realize this touches on some other issues, but not having the TV was nice, we did stuff as a family and did lots of reading instead of sitting round the idiot box at night. Netflix at 10 bucks was a decent value and we did enjoy watching movies/tv shows (Battlestar Galactica FTMFW!!
Also this is a bad PR move. People just see 60% increase, and it sounds like a lot, cause it is.
Pretty spot-on... My biggest takeaway from that article was they should have "improved service first, THEN demanded an increase." Remember this deal that was supposedly the cause of the $1 price hike in the fall? How many James Bond films are available for streaming? (zero) How many Indiana Jones movies are available for streaming? (zero) How many Star Trek *movies*? (zero? 1? don't really care to sift through them)
Who said giving up TV entirely? I just said that we canceled our cable TV subscription...
watch your mouth
http://arstechnica.com/web/news/2011/07/netflix-ceo-fewer-complaints-than-expected-over-price-hike.ars
I'm looking at how to get rid of our cable now, not Netflix.
Even if Netflix's revenue rises some, it's P/E is still 43!! It's a "growth stock" which is (currently) dead in the water, and they might not have even seen the worst of the subscribers quitting since I'm guessing that there's going to be more subscribers who check their bills in the next couple months and realize how much more they're (automatically) paying.
That was me. First one came through and I cut the extra DVD and blu ray option this week. Still keeping the streaming since it's still mildly better than comcast on demand. If comcast steps up their game though, I'm ditching netflix.
It completely fails to mention how large their user base actually is, which, even with the subscriber loss, is still north of 20 million.
that's a pretty important figure that every news article seems to fail to mention. 20 million users? 600k is simply a dent, not the end of a company. If 20 million users are willing to pay double, that's still 1.9times the revenue, which is still more.
bingo.
that's when we will see the true potential of sales of bootleg copies of movies.
or not. most of the bootlegs that move are first run movies, not back catalogs which comprises most of netflix.
Userbase is ~24m. Was 24.6m in June, they estimated that it was still going to rise to 25m, while it's actually fallen to 24m, or a difference of 1m users (4% of the subscribers).
makes sense, but the minute china gets their hands on a few copies of roadhouse, it may be all over for commercial spots on TBS during reruns.
to sandwich's point, the increase in subscription cost will more than offset the loss of subscribers.
suddenly, the kentucky waterfall is the most popular haircut on earth
