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?

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.

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

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.

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.

I read wal mart has started streaming movies even cheaper.

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.

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.

An interesting take on this whole affair: Netflix: How to completely screw up ? The Register

With fiber to my house and bittorrent who needs Netflix? :D

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.

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.

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Originally Posted by NeedKarma

With fiber to my house and bittorrent who needs Netflix? :D

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WORD!! 50up 50down

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Originally Posted by spitvenom

WORD!!!!!!! 50up 50down

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No comment. ;)

50 up 50 down!! Wow. Is that Verizon FIOS?

I only have 30/30

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Originally Posted by spitvenom

WORD!!!!!!! 50up 50down

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The only thing I have to ask is how many times you actually use that type of connection to its fullest?

Well that lasted along time

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Netflix has canned Qwikster and will be bringing in the spun-off DVD rental operation back into the company's main business.

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Netflix cans Qwikster ? reghardware

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.

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.