Damn Netflix might be in some trouble

wyvrn

Lifer
Feb 15, 2000
10,074
0
0
That's not nice

I figured they wouldn't be able to sustain profits with having to manage warehouses AND deal with shipping. But I didn't know they would nose dive this fast.

edit: Just found this: Fidelity slashes Netflix Stake

I guess the business model is easily dupicated and they apparently pissed off Blockbuster.
 

TranceNation

Platinum Member
Jan 6, 2001
2,041
0
0


lol one thing you should do is not to listen to the manipulating clowns, they probably have a short position on nflx
 

isasir

Diamond Member
Aug 8, 2000
8,609
0
0
The problem I see with Netflix is that there is hardly any person that will be a member of Netflix indefinitely. At some point, the majority of people have pretty much seen every movie they want to see, or at least have seen enough movies that it's not cost-effective to pay $18/mo. to rent movies.
 

wyvrn

Lifer
Feb 15, 2000
10,074
0
0
Originally posted by: isasir
The problem I see with Netflix is that there is hardly any person that will be a member of Netflix indefinitely. At some point, the majority of people have pretty much seen every movie they want to see, or at least have seen enough movies that it's not cost-effective to pay $18/mo. to rent movies.

That's exactly why I quit the service. I think that movies on demand, downloaded to your home computer, are the next big step. The only pain with renting is having to drive the movies back to the store.

 

TranceNation

Platinum Member
Jan 6, 2001
2,041
0
0


good thing you guys aren't analysts. NFLX customer base has been growing. More and more people are signing up, esp with dvd ripping/burning on the rise.....
Plus, NFLX does have plans for VOD.
 

wyvrn

Lifer
Feb 15, 2000
10,074
0
0
Originally posted by: TranceNation


good thing you guys aren't analysts. NFLX customer base has been growing. More and more people are signing up, esp with dvd ripping/burning on the rise.....
Plus, NFLX does have plans for VOD.

You don't have to be an analyst to see that the stock has tanked and a major brokerage house has dropped your stock. Shipping movies is only a step to the real moneymaker, which is a true video on demand system.
 

LikeLinus

Lifer
Jul 25, 2001
11,518
670
126
That is what I've also heard. Netflix isn't just some stupid company. They realize the future is toward VOD type delivery and other areas. They already have plans in the works.
 

joecool

Platinum Member
Apr 2, 2001
2,934
2
81
Originally posted by: wyvrn
Originally posted by: isasir
The problem I see with Netflix is that there is hardly any person that will be a member of Netflix indefinitely. At some point, the majority of people have pretty much seen every movie they want to see, or at least have seen enough movies that it's not cost-effective to pay $18/mo. to rent movies.

That's exactly why I quit the service. I think that movies on demand, downloaded to your home computer, are the next big step. The only pain with renting is having to drive the movies back to the store.

same here. after being in for a year + and getting to the point where we were watching so few movies it would make more sense to rent from showtime we quit.

but i have a friend who is NUTS about movies. he'll never quit. of course, there aren't many folks like that ...
 

BigJ

Lifer
Nov 18, 2001
21,330
1
81
Originally posted by: wyvrn
Originally posted by: isasir
The problem I see with Netflix is that there is hardly any person that will be a member of Netflix indefinitely. At some point, the majority of people have pretty much seen every movie they want to see, or at least have seen enough movies that it's not cost-effective to pay $18/mo. to rent movies.

That's exactly why I quit the service. I think that movies on demand, downloaded to your home computer, are the next big step. The only pain with renting is having to drive the movies back to the store.

Exactly the reason I quit Netflix.
 

benliong

Golden Member
Jun 25, 2000
1,153
0
0
Originally posted by: TranceNation


good thing you guys aren't analysts. NFLX customer base has been growing. More and more people are signing up, esp with dvd ripping/burning on the rise.....
Plus, NFLX does have plans for VOD.

Analysts are known to be wrong. Don't treat them like god. :)

anyways, every business faces the need to diversify at some point. As isasir pointed out, people aren't going to want to do this movie-rotation forever, and that is exactly why NFLX is trying to get onto VOD by partnering with Tivo. It'll be interesting to see how that works out.

I think another model of rental would benefit NFLX. So far they are grabbing movie fanatics, but if they have a payment method for one time rental, they might just get a lot of customers who would otherwise not be interested.
 
Jan 18, 2001
14,465
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Originally posted by: BigJ
Originally posted by: wyvrn
Originally posted by: isasir
The problem I see with Netflix is that there is hardly any person that will be a member of Netflix indefinitely. At some point, the majority of people have pretty much seen every movie they want to see, or at least have seen enough movies that it's not cost-effective to pay $18/mo. to rent movies.

That's exactly why I quit the service. I think that movies on demand, downloaded to your home computer, are the next big step. The only pain with renting is having to drive the movies back to the store.

Exactly the reason I quit Netflix.

I for one don't want a million movies laying around my house in a format that WILL become obsolete before I do.

 

0roo0roo

No Lifer
Sep 21, 2002
64,795
84
91
Originally posted by: isasir
The problem I see with Netflix is that there is hardly any person that will be a member of Netflix indefinitely. At some point, the majority of people have pretty much seen every movie they want to see, or at least have seen enough movies that it's not cost-effective to pay $18/mo. to rent movies.


i dunno, my queue is in the hundreds. adding those tv show dvds and stuff just racks it way up.

as for downloading movies... bleh, i want the dvd,the full quality, the features. not some compressed pos.

as for rental stores, their selection is lousy
 

oboeguy

Diamond Member
Dec 7, 1999
3,907
0
76
A movie a week with unbeatable selection and pretty good convenience (never wait in line) is why we're still with Netflix and have no plans to leave. I hope they don't disappear, because the selection and availability at the BB near us are pathetic.
 

Aftermath

Golden Member
Sep 2, 2003
1,151
0
0
Originally posted by: wyvrn
That's exactly why I quit the service. I think that movies on demand, downloaded to your home computer, are the next big step. The only pain with renting is having to drive the movies back to the store.

Not only do I hate taking the movies back to the store, I hate doing it repeatedly. In this little redneck town, there are only two or three places that I've found to rent movies. (One of them is just a small room, like a waiting room, full of ridiculously old movies that simply holds over the people who don't go straight into the warehouse sized XXX section in the back.) There's a Blockbuster not too far from my house, and one on the other side of town. Ugh.. so many complaints.

First of all, like most Blockbusters that I've seen, the general selection sucks. Basically, unless it came out before 1990, or is a new release, or it shows on cable twelve times a day, they don't have it. This is also highly inclusive of video games. The past three times I went to block buster it was a specific trip to rent a specific video game. First time: Mario Party 5. Didn't have it. Second time: Zelda: Wind Waker. All checked out. (This was released a while back, it's not a 'new' game.) Last time: Mario Kart DD. All checked out.

Second, (and this was the point that I had in mind when I started this post) I would say that out of the last six movie (DVD) rentals that I've checked out from Blockbuster, five of them became unwatchable at one point or another due to damage on the disc. One or two I was able to run through my Disc Doctor here at home to make them satisfactory. The rest I had to drive back to Blockbuster, holding back my stabbing spree as I watch the idiotic employees furrow their brows in confusion as I explain to them that the disc is a torn up piece of crap and I would like a better copy.

Two weeks after our first registration/signup at Block Buster, my wife and I went back to rent some movies for a night at home. Lo and behold, somehow we had been 'lost' in the system. We had to stand there and re register. But anyway, long story short, I've been burned at Block Buster practically every time I've been there. I hate the place. I'll support Netflix until either it goes down, or until they take the prices up to $29.95 a month. That's the highest I'll go to have DVD rentals delivered to my home, but even then I would only maintain a subscription if I had some good television series to watch through them. (Currently on season 3 of the X-Files.)
 

kranky

Elite Member
Oct 9, 1999
21,019
156
106
Originally posted by: 0roo0roo
Originally posted by: isasir
The problem I see with Netflix is that there is hardly any person that will be a member of Netflix indefinitely. At some point, the majority of people have pretty much seen every movie they want to see, or at least have seen enough movies that it's not cost-effective to pay $18/mo. to rent movies.


i dunno, my queue is in the hundreds. adding those tv show dvds and stuff just racks it way up.

as for downloading movies... bleh, i want the dvd,the full quality, the features. not some compressed pos.

as for rental stores, their selection is lousy

That means you will pay $18/month to watch the stuff in your queue. Many others will only want to watch movies and quit the service once they have gorged themselves. Of course, any business based on a membership business model has to keep coming up with ways to keep people around, but movies alone can't keep carrying Netflix.
 

Nitemare

Lifer
Feb 8, 2001
35,461
4
81
Originally posted by: 0roo0roo
Originally posted by: isasir
The problem I see with Netflix is that there is hardly any person that will be a member of Netflix indefinitely. At some point, the majority of people have pretty much seen every movie they want to see, or at least have seen enough movies that it's not cost-effective to pay $18/mo. to rent movies.


i dunno, my queue is in the hundreds. adding those tv show dvds and stuff just racks it way up.

as for downloading movies... bleh, i want the dvd,the full quality, the features. not some compressed pos.

as for rental stores, their selection is lousy

Yup mine is always close to the cap of 500. TV series can eat up alot of slots and the local BB carries hardly anything but new releases.
 

K1052

Elite Member
Aug 21, 2003
52,629
46,317
136
Originally posted by: Spooner
I love my Netflix, but they need to start delivering on Saturdays. No excuse.

You mean shipping on Saturday?
 

mwtgg

Lifer
Dec 6, 2001
10,491
0
0
Originally posted by: K1052
Originally posted by: Spooner
I love my Netflix, but they need to start delivering on Saturdays. No excuse.

You mean shipping on Saturday?

No, I want the Netflix CEO to personally deliver them to my door. No excuse for not doing so.
 

z0mb13

Lifer
May 19, 2002
18,106
1
76
I wonder what their cost structure is..

Also, didnt netflix get a patent on online distribution system? How are other companies able to copy their method? especially walmart! walmart's site is sooo familiar to netflix's (with the stars for rating and all)

 

mwtgg

Lifer
Dec 6, 2001
10,491
0
0
Originally posted by: Spooner
what the hell did you think i meant?

I dunno, in the technical sense of the words -- 'deliver' and 'ship' are completely different. There is no excuse for you not knowing that. :D