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    CliffARobinson's Avatar
    CliffARobinson Posts: 1,416, Reputation: 101
    Ultra Member
     
    #1

    Sep 19, 2011, 12:24 PM
    What do you think about Netflix latest move?
    Netflix blogged Sunday night that they were splitting up their DVD and Streaming companies and apologized for the way in which they went about raising prices, although they are not bringing those prices down.

    From a customer perspective, do you think they will stop the bleeding of lost users?

    From a Wall Street perspective, do you think this move will give traders new confidence?
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
    Jobs & Parenting Expert
     
    #2

    Sep 19, 2011, 12:51 PM
    My older son has a DVD subscription, so I told him to watch his cc bill for any changes in charges.

    Why did Netflix make the change in the first place? From what I've gathered, the streaming movies are old flicks and classic TV, i.e. not worth the fees charged.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Sep 19, 2011, 02:38 PM
    We love the streaming, but then I love old movies and old TV shows, we do it more than we do normal TV.

    I suspect they are going to sell off the DVD part of the company, but that is just my guess
    talaniman's Avatar
    talaniman Posts: 54,327, Reputation: 10855
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    #4

    Sep 19, 2011, 04:14 PM
    For whatever reason they have lost some really big contributors to their selection choices like Sony, and Starz, the basic idea is still a good one and once the settle on a consistent product, they will have a great following, despite the boobs who are paid big bucks.

    The product will sell itself, if they stop screwing it up.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #5

    Sep 19, 2011, 04:20 PM
    If any of the other players were in any position, this would be the time to strike, Many of their customers would jump ship right now.
    But I don't think anyone else is positioned to do it.
    talaniman's Avatar
    talaniman Posts: 54,327, Reputation: 10855
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    #6

    Sep 19, 2011, 04:30 PM
    I read wal mart has started streaming movies even cheaper.
    cdad's Avatar
    cdad Posts: 12,700, Reputation: 1438
    Internet Research Expert
     
    #7

    Sep 19, 2011, 04:39 PM
    As far as streaming goes why would you pay for it when you can get it for free?

    If you have cable or another provider that allows for it then along with your normal services there are some free ones also.

    This is but a few of them

    EpixHD - Big On Any Screen

    HBO GO. It's HBO. Anywhere.

    MAX GO. It?s Cinemax. Anywhere.

    I liked netflix while I had it but the new pricing scared me away.
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #8

    Sep 20, 2011, 02:54 AM
    I'm still relatively old school. I go to weekend matinees at the theater ,;and I get DVD's delivered by mail (which wiped out the retail DVD rental markets AND DVD sales overall ). The movie makers have not figured out how to replace that lost market.

    That means that studios are less likely to put lots of money into the production of films and many proposed project have recently been deep sixed .
    I will check out those sites above . The biggest waste of my entertainment bucks goes to my local monopoly cable network.
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
     
    #9

    Sep 20, 2011, 04:39 AM
    An interesting take on this whole affair: Netflix: How to completely screw up ? The Register
    NeedKarma's Avatar
    NeedKarma Posts: 10,635, Reputation: 1706
    Uber Member
     
    #10

    Sep 20, 2011, 05:02 AM
    With fiber to my house and bittorrent who needs Netflix? :D
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #11

    Sep 21, 2011, 06:44 AM
    Let's see, they've raised their prices by 60 percent, split the DVD service off into Qwikster and if you use both you'll get separate bills. What's not to love? This cartoon explains it all.
    smoothy's Avatar
    smoothy Posts: 25,492, Reputation: 2853
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    #12

    Sep 21, 2011, 12:10 PM
    I was planning on subscribing... up until they did that. Changed my mind and decided not to. Not paying twice as much for half the service.
    spitvenom's Avatar
    spitvenom Posts: 1,266, Reputation: 373
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    #13

    Sep 21, 2011, 12:35 PM
    Quote Originally Posted by NeedKarma View Post
    With fiber to my house and bittorrent who needs Netflix? :D
    WORD!! 50up 50down
    smoothy's Avatar
    smoothy Posts: 25,492, Reputation: 2853
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    #14

    Sep 21, 2011, 12:41 PM
    Quote Originally Posted by spitvenom View Post
    WORD!!!!!!! 50up 50down
    No comment. ;)
    CliffARobinson's Avatar
    CliffARobinson Posts: 1,416, Reputation: 101
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    #15

    Sep 21, 2011, 12:52 PM
    50 up 50 down!! Wow. Is that Verizon FIOS?
    smoothy's Avatar
    smoothy Posts: 25,492, Reputation: 2853
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    #16

    Sep 21, 2011, 01:02 PM
    I only have 30/30
    cdad's Avatar
    cdad Posts: 12,700, Reputation: 1438
    Internet Research Expert
     
    #17

    Sep 21, 2011, 01:04 PM
    Quote Originally Posted by spitvenom View Post
    WORD!!!!!!! 50up 50down
    The only thing I have to ask is how many times you actually use that type of connection to its fullest?
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
     
    #18

    Oct 10, 2011, 07:19 AM
    Well that lasted along time

    Netflix has canned Qwikster and will be bringing in the spun-off DVD rental operation back into the company's main business.
    Netflix cans Qwikster ? reghardware
    smoothy's Avatar
    smoothy Posts: 25,492, Reputation: 2853
    Uber Member
     
    #19

    Oct 10, 2011, 07:35 AM
    I'm not surprised since that idea went over like a lead balloon.

    Next question will be if they will fully recover from that fumble or how bad will any lasting effects be.
    CliffARobinson's Avatar
    CliffARobinson Posts: 1,416, Reputation: 101
    Ultra Member
     
    #20

    Oct 10, 2011, 10:01 AM
    In Crisis Management 101, a company can overcome almost any mistake if they are completely honest about their mistakes and act in a contrite manner, consistently, in every way.

    I hope this indicates the board asked for a PR agency to be called in and manage what has been a ham handed approach to date. The brand is very strong, and I think it can weather this self-inflicted damage eventually.

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