Netflix hikes prices for DVDs + streaming

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  • WazzuRC
    Go Cougs!
    • Dec 2002
    • 5617

    #181
    Re: Netflix hikes prices for DVDs + streaming

    Originally posted by st67
    The thing was - they had everything perfectly set already and then went ahead and changed it all. They didn't listen to their customers, they split the two into different prices and effectively doubled their monthly cost; they just finally realized how stupid it is to split it into two companies.
    They may have had everything perfectly to customers, but they wouldn't have survived without a retooling of their business plan and pricing model. They saw they needed some sort of change to anticipate a loss of revenue and profit, so they reacted quickly without notifying their customers reasons why.

    Comment

    • bigeastbumrush
      My Momma's Son
      • Feb 2003
      • 19245

      #182
      Re: Netflix hikes prices for DVDs + streaming

      Originally posted by Fresh Tendrils
      I wouldn't exactly call anything they've done in the past two months smart. Everything they've been doing is screaming reactionary decision model. They appear to have no plan whatsoever and, as a result, appear to have no idea what the hell they're doing or where they want to go in the future.

      The separation of streaming and the dvd service wasn't the poor decision. The poor decision was to disallow integration of the services.
      They did have a plan and adjusted accordingly...before it blew up in their face and basically collapsed their company.

      How many corporations would have released such a statement in this day and age? I commend them for it.

      Clearly someone up there knows what they're doing if they pulled the plug on it.

      Originally posted by cjonesfan921
      Exactly. They seem to be throwing an idea out there, and moving forward with how it is received by the public.

      No one can be considered smart when your corporation has lost more than half of it's value in just a few short months. That market cap is somewhere aroudn 6B now, after it was more like 14-16B in July.
      They very well knew the public wouldn't be happy with it.

      But they were thinking of their bottom line and the rising costs for licensing. That being said...they had to do something especially with all the competition they're facing.

      They made a decision and pulled back before blowing millions rolling out this Qwikster.

      Fact is...most corporations would not have pulled the plug.

      Comment

      • Chef Matt
        True.
        • Apr 2008
        • 7832

        #183
        Re: Netflix hikes prices for DVDs + streaming

        I think this is a move to just stop the hehmorrhaging. It would seem to me they were losing more customers than gaining lol.

        I'm glad they nixed the whole seperate entities thing, cause I was going to bail when it started.
        Originally posted by Anthony Bourdain
        The celebrity chef culture is a remarkable and admittedly annoying phenomenon. Of all the professions, after all, few people are less suited to be suddenly thrown into the public eye than chefs. We're used to doing what we do in private, behind closed doors.

        Comment

        • bigeastbumrush
          My Momma's Son
          • Feb 2003
          • 19245

          #184
          Re: Netflix hikes prices for DVDs + streaming

          Originally posted by Chef Matt
          I think this is a move to just stop the hehmorrhaging. It would seem to me they were losing more customers than gaining lol.

          I'm glad they nixed the whole seperate entities thing, cause I was going to bail when it started.
          Their subscriber base is growing by the millions...even surpassing some of the biggest cable companies.

          Unless I missed it...I hadn't heard about millions cancelling...yet.

          Comment

          • Fresh Tendrils
            Strike Hard and Fade Away
            • Jul 2002
            • 36131

            #185
            Re: Netflix hikes prices for DVDs + streaming

            Originally posted by bigeastbumrush
            Their subscriber base is growing by the millions...even surpassing some of the biggest cable companies.

            Unless I missed it...I hadn't heard about millions cancelling...yet.
            They had to revise their subscription estimates for the quarter and rolled them back by a million or so. I doubt they would actually release how many customers really have dropped them since the streaming/dvd separation and price-increase.

            Originally posted by bigeastbumrush
            They did have a plan and adjusted accordingly...before it blew up in their face and basically collapsed their company.

            How many corporations would have released such a statement in this day and age? I commend them for it.

            Clearly someone up there knows what they're doing if they pulled the plug on it.

            They very well knew the public wouldn't be happy with it.

            But they were thinking of their bottom line and the rising costs for licensing. That being said...they had to do something especially with all the competition they're facing.

            They made a decision and pulled back before blowing millions rolling out this Qwikster.

            Fact is...most corporations would not have pulled the plug.
            The fact is they look like a company that doesn't know what it wants to do. I cannot commend Netflix for nipping Qwister before it got off the ground because it shows they have no foresight whatsoever. Either they are completely out of touch with their consumers (and that is looking more legit every day) or they're not completely sure how to transition from where they are to where they want to be.

            They have handled things very poorly and this cancellation of Qwister isn't exactly a feather in their hat.



            Comment

            • bigeastbumrush
              My Momma's Son
              • Feb 2003
              • 19245

              #186
              Re: Netflix hikes prices for DVDs + streaming

              Originally posted by Fresh Tendrils
              They had to revise their subscription estimates for the quarter and rolled them back by a million or so. I doubt they would actually release how many customers really have dropped them since the streaming/dvd separation and price-increase.



              The fact is they look like a company that doesn't know what it wants to do. I cannot commend Netflix for nipping Qwister before it got off the ground because it shows they have no foresight whatsoever. Either they are completely out of touch with their consumers (and that is looking more legit every day) or they're not completely sure how to transition from where they are to where they want to be.

              They have handled things very poorly and this cancellation of Qwister isn't exactly a feather in their hat.
              Lacking foresight would've been to greenlight Qwikster which they didn't do.

              Comment

              • Fresh Tendrils
                Strike Hard and Fade Away
                • Jul 2002
                • 36131

                #187
                Re: Netflix hikes prices for DVDs + streaming

                They publicly announced its existence and even put up a precursor website for it. If that isn't "greenlighting" it, I'm not sure what is. The fact still remains that Netflix appears to be completely unsure of what it wants to do.



                Comment

                • bigeastbumrush
                  My Momma's Son
                  • Feb 2003
                  • 19245

                  #188
                  Re: Netflix hikes prices for DVDs + streaming

                  Originally posted by Fresh Tendrils
                  They publicly announced its existence and even put up a precursor website for it. If that isn't "greenlighting" it, I'm not sure what is. The fact still remains that Netflix appears to be completely unsure of what it wants to do.
                  As opposed to spending millions of dollars on advertising, branding and production costs?

                  I agree that they look incredibly confused. But to have gone forward with it would've probably crippled them in due time.

                  Comment

                  • The 24th Letter
                    ERA
                    • Oct 2007
                    • 39373

                    #189
                    Re: Netflix hikes prices for DVDs + streaming

                    Netflix has turned into LeBron James its seems...

                    Comment

                    • DaveDQ
                      13
                      • Sep 2003
                      • 7664

                      #190
                      Re: Netflix hikes prices for DVDs + streaming

                      Netflix is fine. They obviously made some odd decisions that bit them in the last few months, but they are fine. They signed a deal with AMC, have recently added some more content and are trying to iron out their recent stumblings.

                      I would say to the consumer to not be so knee jerk in their reaction to Netflix. Of course, I've been stream-only for over a year now so nothing really has changed for me. I enjoy the service.

                      By the way, not sure if it has been mentioned, but Fraser is on there now.
                      Being kind, one to another, never disappoints.

                      Comment

                      • aukevin
                        War Eagle, Go Braves!
                        • Dec 2002
                        • 14700

                        #191
                        Re: Netflix hikes prices for DVDs + streaming

                        Originally posted by DaveDQ
                        Netflix is fine. They obviously made some odd decisions that bit them in the last few months, but they are fine. They signed a deal with AMC, have recently added some more content and are trying to iron out their recent stumblings.

                        I would say to the consumer to not be so knee jerk in their reaction to Netflix. Of course, I've been stream-only for over a year now so nothing really has changed for me. I enjoy the service.

                        By the way, not sure if it has been mentioned, but Fraser is on there now.
                        I was looking at the Frasiers, for some reason all the episodes aren't streaming yet. Just most of them from the seasons. I wonder if they just haven't been uploaded yet?

                        Atlanta Braves
                        - Auburn Tigers - Nashville Predators

                        Comment

                        • Fresh Tendrils
                          Strike Hard and Fade Away
                          • Jul 2002
                          • 36131

                          #192
                          Re: Netflix hikes prices for DVDs + streaming

                          Has anybody watched Wonder Years yet? I was wondering what kind of changes they had to make as I know the stream on Amazon has a different title cover.



                          Comment

                          • CMH
                            Making you famous
                            • Oct 2002
                            • 26203

                            #193
                            Originally posted by Fresh Tendrils
                            Has anybody watched Wonder Years yet? I was wondering what kind of changes they had to make as I know the stream on Amazon has a different title cover.
                            Ah that explains it. I watched the pilot and wondered if maybe the cover was performed by someone else before Crocker.

                            It took forever for Wonder Years to make it anywhere close to this position and music right was always the reason.

                            I can't tell you much because I rarely watched The Wonder Years and while I love the period's music, I only recently discovered The Beatles wrote the lyrics for "With My Friends."


                            Sent from my mobile device.
                            "It may well be that we spectators, who are not divinely gifted as athletes, are the only ones able to truly see, articulate and animate the experience of the gift we are denied. And that those who receive and act out the gift of athletic genius must, perforce, be blind and dumb about it -- and not because blindness and dumbness are the price of the gift, but because they are its essence." - David Foster Wallace

                            "You'll not find more penny-wise/pound-foolish behavior than in Major League Baseball." - Rob Neyer

                            Comment

                            • Fresh Tendrils
                              Strike Hard and Fade Away
                              • Jul 2002
                              • 36131

                              #194
                              Re: Netflix hikes prices for DVDs + streaming

                              Originally posted by CMH
                              Ah that explains it. I watched the pilot and wondered if maybe the cover was performed by someone else before Crocker.

                              It took forever for Wonder Years to make it anywhere close to this position and music right was always the reason.

                              I can't tell you much because I rarely watched The Wonder Years and while I love the period's music, I only recently discovered The Beatles wrote the lyrics for "With My Friends."


                              Sent from my mobile device.
                              I watched the pilot today on my lunch break. I was too young to remember watching Wonder Years other than the random rerun when I came across so the music isn't engrained in my brain with those scenes like some other people's would be. For some reason, though, I think one or two songs from the pilot were changed, namely the montage scene.

                              Not that its a "deal-breaker." Its beyond the control of the show with the way licensing is nowadays and the writing of the show is still really, really superb.

                              Now, if only Batman 66 would come out.



                              Comment

                              • CMH
                                Making you famous
                                • Oct 2002
                                • 26203

                                #195
                                That's how I feel. I wasn't a huge fan when it was on. Honestly I didn't care for it. So I don't know which songs would be changed to feel slighted.

                                Of course, I now want to watch the series so I will, but outside of the theme song being covered by someone else, it won't bother me.


                                Sent from my mobile device.
                                "It may well be that we spectators, who are not divinely gifted as athletes, are the only ones able to truly see, articulate and animate the experience of the gift we are denied. And that those who receive and act out the gift of athletic genius must, perforce, be blind and dumb about it -- and not because blindness and dumbness are the price of the gift, but because they are its essence." - David Foster Wallace

                                "You'll not find more penny-wise/pound-foolish behavior than in Major League Baseball." - Rob Neyer

                                Comment

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