WOW. What a downfall. Yikes.

I personally love my Netflix (Canada streaming) and never understood why people complained so much about the price change and cancelled. Netflix is still so cheap.

I like the company as a online pioneer in providing me content at a price that usually makes me skip the pirate bay. In fact, it was the first online content provider I ever paid for outside iTunes.

I wonder if any company will snatch them up now that they're relatively cheap?

<eom>

Glad to see the repercussions of a stupid, greedy move.
You can't raise the price 60% and not expect people to abandon you. Even in the best case scenario, you're still pulling 50% of the product away from people, and only 20% of the price.

The price always remained the same for me, I'm streaming only. I used to get DVD's from Netflix, but that was many years ago.

It's still the best deal around, and if anybody knows of something else that has a better selection and more selection for a better price, then let's hear about it.

This is an example of some one who became really wealthy and because of that wealth became out of touch. Eventually that out of touch CEO decided he knew better than the customers and tried to drastically change the company that was doing nothing but bringing in profit. Even when the customers were complaining he said that he knew what he was doing and defended his price hike and company split. But when stocks dropped to very extreme levels he apologized. Only when the pocket book was effected then he acted in the best interest of the customer and stopped the split. Problem is now that people have left by the millions Netflix is gonna have to try and rebuild and gain the trust of the people again.

I would hate to see Netflix go under. I actually like the features. But why fix a good thing. If it isn't broken don't fix it. Netflix wasn't busted. Price hikes ok but twice within 7 months. December 2009 and then July 2010. Too soon.

And the licensing. I can understand netflix having to pay for that. But at least tell the customers why you have to raise prices. That way they can blame Stars instead.

So clearly Reed Hastings has done a poor job on the PR front over the last year, but that doesn't change the fact that the price increase was inevitable. Netflix raised prices by up to 60%, but content providers were raising prices on them by 1000%+. (Starz was paid $30M in Oct 2008, but recently turned down a $300M+ offer.) Netflix is still an unbelievable value at $8/month for streaming. Pair it with Hulu Plus ($8/month), and an occasional movie from iTunes or Redbox (or even Netflix DVD's) and you have a viable alternative to cable for ~1/2 the price (at least for some people).

i hope Netflix streaming doesn't die. The service is so much better than cable TV with the exception of quality video. The quality of the streamed video just isn't as good as watching a DVD. They need to update their servers to spit out HD quality at a faster rate.

One option would be to let people download their videos and play them within twenty-four hours. At least that way I could set up my videos one day in advance and play them in high quality. I still would want the instant streaming ability.

I don't like Hulu. They don't have great quality and they incorporate advertising just like broadcast TV. I don't want to pay to watch advertising. If I wanted to see advertising I'd buy a DVR and set it to record the shows. It would be cheaper in the long run than using Hulu for TV shows.