Netflix's Battered Stock: What Next?

housecat said:
You missed the point.
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You made no point.
You are forced to work, if you want to eat.
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Life is naturally full of competition for resources ... surprise!
Everyone has a natural right to enjoy life, if you're priced out of the market, then theft is OK.
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No, you need to work harder or find another way to enjoy life without costing someone else.
The issue with theft is that theft is only wrong when you or I do it, it's OK for the wealthy and governments of the world either monetary, environmentally, or through livlihoods/ social injustice. You can ignore the laws and moral standards, just as those sectors do.
No real problem with it, you have the choice of theft as the wealthy and world governments do, but their laws are backed up by force. As long as you accept that part of the equation, it's a legitimate choice to be made.
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What? :confused:
 
nutzo said:
I got tired of the long waits in my queue and waiting months for Netflix to finally ship a new title.
Then they added an additional 30 days to the delay.
Finally they raised the price for less service.

I canceled for now.
Maybe when the quality of the streaming improves, and they strart streaming reciently released movies I might reconsider.
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the delay is from the studios, so blame them. same thing really for the price hike as a whole. not sure why you think you're paying more for... less? seems like the price went up to get the same thing to me.

frankly this whole thing is being blown way out of proportion IMO. 60%? yea every price hike is a huge percentage when the original price is low, and the price of netflix 1 disc + streaming was low relative to everything else on the market. does this change take the shine off their service? sure, but i still pay less than getting movies from OnDemand. I actually welcome this change since I never use the streaming crap anyway.. their new rates mean my 1 BD plan got cheaper
 
rflcptr said:
You made no point.

Life is naturally full of competition for resources ... surprise!

No, you need to work harder or find another way to enjoy life without costing someone else.

What? :confused:
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He made a very strong and valid point, there is a lot of truth to what he said. Obviously your philosophy on life differs from his and I would say yours seems quite sad and petty. Your pettiness is further shown by how you seem to feel it necessary to add obnoxious emoticons after each thing you say, as if you were somehow being witty.

Thankfully most of the world disagrees with you, well, the Western world at least.
 
rflcptr said:
No, you need to work harder or find another way to enjoy life without costing someone else.
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There are two things wrong with this statement.
1. If I work hard enough, will I become a billionaire? I mean like really really really hard? Or do I need to parasitically leech labor from other people in order to get there?
2. Piracy doesn't cost these companies anything. Need proof? Ask the IRS how much they've approved in business loss deductions for piracy.
 
Greedy company.. What a huge surprise........ To make money you must raise prices, loose stock and make less money.. Business 101...... Wait what?
 
PoopsMacClaude said:
He made a very strong and valid point, there is a lot of truth to what he said. Obviously your philosophy on life differs from his and I would say yours seems quite sad and petty. Your pettiness is further shown by how you seem to feel it necessary to add obnoxious emoticons after each thing you say, as if you were somehow being witty.

Thankfully most of the world disagrees with you, well, the Western world at least.
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LOL. Your sole contribution is ad hominem. Sad and petty? How about honest?

Does the "Western world" disagree with that? :rolleyes:
fattypants said:
There are two things wrong with this statement.
1. If I work hard enough, will I become a billionaire? I mean like really really really hard? Or do I need to parasitically leech labor from other people in order to get there?
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In case you missed the topic of discussion, it's about a sub-$20 entertainment subscription, not slave labor or whatever it is you're imagining. If you can't afford it, you're doing it wrong. If you also think it's driving you to piracy, you're doing it wrong again.
2. Piracy doesn't cost these companies anything. Need proof? Ask the IRS how much they've approved in business loss deductions for piracy.
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Your perception of their costs is irrelevant to what you'd be doing anyway: stealing content.
 
housecat said:
Just as no one forces me to go to work.
I still need to eat.

Everyone needs to enjoy life, even if they can't afford it.
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If they can't afford it they need to get a better job that can support the 'lifestyle they think they need".:rolleyes:
 
CryingGod said:
If they can't afford it they need to get a better job
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Perhaps in your country, business is booming and better jobs are a dime a dozen and everyone is fully employed, but that's not always an option in the country I live in (United States), because our economy isn't doing so great right now.

So I would agree with you in principle, but in my country it just doesn't work like that. We have plenty of people who are talented and hard working that don't have jobs, not because they are lazy cheap-asses, but because there just aren't jobs there to keep them employed full time.

By the way, what country do you live in? I'm interested in learning more about it.
 
himmy said:
Netflix is not falling because of the price change, it is falling because it was way over valued. This is market correction.
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Perhaps. Then again, the ludicrous price hike came at the worst possible time. With the current state of this economy, it's not the time to get greedy. They got greedy and their selection of streaming content is laughably terrible compared to their mail-out option.

But yes, their stock prices fell because the product/service they offer doesn't warrant the price of their stock. It's still overvalued...by a wide margin. :p
 
We don't know all the reasons for the price hike.

I am guessing that the result will be many customers choosing either streaming or mail service which would cut costs for Netflix some.

My sister was all worried about her plan, the word she had gotten wad the price would go from 14.99 to 29.99 or more, not the 19.98 it would, or likely down to 7.99 because she doesn't use the mail service anyways. I think a lot of people haven't bothered to look up the new prices or their options and are just having a knee jerk reaction.
 
This is what happens when you let bean counters make important company decisions. Hopefully the share holders will string them up and beat the snot out of them.
 
xxEIEIOxx said:
The complaint is not so much an increase but a 60% increase. When was the last time you got a 60% raise? I never have.
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We're talking about such small numbers that percentages get skewed.

You were making $1/hr. You got a raise to $2/hr. OMGZ you got a 100% raise.

Whens the last time someone got a 100% raise?
Whens the last time someone got a $1/hr raise?

The second description just sounds better.
 
It doesnt add up to me. So they lowered the price for streaming only. So im paying them less money that i was before and never really used the DVD mail service. Also, they are losing an untold number of subscribers. Doing the math in my head tells me they should of just been happy making the millions of dollars they made every month. Greed is strong with this business.
 
fattypants said:
I think the content industry needs to pay fines for piracy, seeing as how they're the ones who encourage it the most. They create thousands of pirates every day with the way they behave with content.
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Quit thinking with your dick.
 
Their prices had to go up eventually. I'm surprised the streaming price hasn't increased significantly considering the bandwidth used by Netflix. Honestly, I'd pay $80 a month for their streaming service if they jacked it that high. I'm in the minority, it seems, though.
 
I doubt they've seen the worst of the cancellations yet. Personally, I'm going to cancel streaming, but I'm going keep it up until the very last day before my September renewal, before cancelling it. I still plan on keeping the 2 disk plan that I have though, since I use that far more than the pathetic selection of streaming offerings that they have.
 
I cancelled my netflix after they announced the price hike.

I dont use it enough to spend 20 bucks a month on it. At most I was 1-2 movies a month. The 1 dvd a time and streaming plan was perfect for me for 10 a month.
 
More and more I see negative stories about netflix, It almost seems like there are companies pushing for their failure.

If I didn't know how forthright and decent the cable TV industry is I would be concerned they are spending cash to make netflix look bad. Good thing stuff like that never happens.
 
I'm hoping the price hikes will encourage other content providers to license their shows to Netflix. HBO has gone on record that the prices still aren't high enough for them to release their content.
 
I pretty much keep netflix for the cartoons for my kiddos. We don't let them watch too much TV, but when they do, I don't like to have to worry what they are going to see on commercials, etc.... The streaming is good for me, it's just that the content that I want to see is fairly limited.. But I still think it's a pretty good deal. I could live without my Dish, as long as I have netflix and can pick up the sports that I want OTA... but college sports are on ESPN/Regional networks mostly, so I am keeping Dish for now.
 
rflcptr said:
In case you missed the topic of discussion, it's about a sub-$20 entertainment subscription, not slave labor or whatever it is you're imagining. If you can't afford it, you're doing it wrong. If you also think it's driving you to piracy, you're doing it wrong again.
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Specifically, what are the 41 million working Americans who don't earn enough money to financially support themselves doing wrong?

They just need to get better jobs - that don't exist. Or work more hours - that don't exist. Or they should accept their financial defeat, curl up in a ball, and wait to die.
 
GaryJohnson said:
Specifically, what are the 41 million working Americans who don't earn enough money to financially support themselves doing wrong?

They just need to get better jobs - that don't exist. Or work more hours - that don't exist. Or they should accept their financial defeat, curl up in a ball, and wait to die.
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It'll be an interesting day when people accept personal responsibility.
 
rflcptr said:
In case you missed the topic of discussion, it's about a sub-$20 entertainment subscription, not slave labor or whatever it is you're imagining. If you can't afford it, you're doing it wrong. If you also think it's driving you to piracy, you're doing it wrong again.
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It isn't about being able to afford it, it's about perception of value. This is a concept you can understand, yes? A streaming + dvd/blu ray account is worth about $10 to me, because I do not mass consume media. I don't get as much use out of the service that someone who watches TV and movies every day would. If you use the service every day for a few hours, it's an absolute bargain, even at inflated rates.

If it was no big deal, their company image and stocks would'nt be hurting. Pretty simple stuff here.
 
Wow, so many angry people from the entitled generation.

Lets look at this. Are there any competitors as good as Netflix who have better prices? I don't think so.
 
LeninGHOLA said:
It isn't about being able to afford it, it's about perception of value. This is a concept you can understand, yes? A streaming + dvd/blu ray account is worth about $10 to me, because I do not mass consume media. I don't get as much use out of the service that someone who watches TV and movies every day would. If you use the service every day for a few hours, it's an absolute bargain, even at inflated rates.

If it was no big deal, their company image and stocks would'nt be hurting. Pretty simple stuff here.
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If you determine it isn't for you, then it isn't for you. Whatever you perceive its value to be is entirely up to you, yeah, but there's nothing substantive about the crack-pot of an idea that it encourages piracy. That's an excuse at best.
GaryJohnson said:
It'll be an interesting day when you don't dodge my question.
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That's funny, because the only thing I got from your post was that you equated choosing not to pirate content (or not having Netflix?) to curling up and dying.
 
Staples said:
Wow, so many angry people from the entitled generation.

Lets look at this. Are there any competitors as good as Netflix who have better prices? I don't think so.
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Yes, currently RedBox is cheaper for me to use. Were you referring to corporate or consumer entitlement?
 
LeninGHOLA said:
Yes, currently RedBox is cheaper for me to use. Were you referring to corporate or consumer entitlement?
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Redbox is cheaper but their selection sucks. And they don't have streaming over the internet. Gasoline and time costs money and you probably are not accounting for it.

I am talking about consumer entitlement.
 
I will be cancelling. The streaming was a bonus while I waited for the next DVD. I found that the selection of streaming titles to be VERY lacking. I mainly found old tv shows and B movies. With that kind of selection I won't be going "streaming only". I have a Blockbuster by my house and will be testing their Total Access for $10 that gives me DVD, Blu-Ray and game rental. If I choose to drop off my selections at the store I can have a different title EVERY day.
 
I don't get it...isn't Netflix dvd + streaming still cheaper than the price gouging cable companies charge and cheaper than going to 1 theater movie a month for 2+ people? Why is this so terrible?

Netflix has no choice but to hike prices as a lot of the entertainment companies are forcing them to pay much, much more once their contracts are up?
 
I'll keep streaming for the kids, but I am dropping the DVD plan (as they almost surely intended for many people to do). I'll use RedBox when I want a newer movie.

In the meantime, I'll be on the watch for a more competitive service.

Hey Apple, why don't you jump into the streaming business? I've never bought a single movie off of my apple tv, but I'd consider a competitive streaming plan...
 
i hate the price increase too, both of the actual lost value and on the principal of the issue but unfortunately i'm probably going to keep my sub, because right now we have no cable/ota TV and the only place we get shows/movies from is from netflix..
 
Staples said:
Redbox is cheaper but their selection sucks. And they don't have streaming over the internet. Gasoline and time costs money and you probably are not accounting for it.

I am talking about consumer entitlement.
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I'm lucky enough to have a RedBox within walking distance. The selection isn't wonderful, but I've seen most everything I want to see aside from new releases. No streaming, but Netflix streaming has damn near run out of movies and shows I want to see.

As far as price goes, don't forget that the consumer determines what price they are willing to pay. If all the people cancelling and throwing a fit get you a better price, would you be agaisnt it?
 
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