Netflix stock $300 ---> $161 since July price hike! UPDATE: $106!

[ponyo]

The Pirate Bay > Netflix. Investing in that company seems like a fools errand.

Pirate Bay? Is that for people who still use Napster and AOL?

 

[Patranus]

So I have to pay 5 different companies and manage 5 different accounts to get all my streaming needs? Yeah right. I use Netflix streaming because it's easy. Take away the easy factor and I'm out. I'll find something else to do. Tv or movies don't dictate my life.

Companies don't need Netflix anymore to get their content on the internet.
That is why companies are pulling their content and NetFlix never gets anything new.

Pay 5 different companies?

Click ABC App. Click Show. It starts playing for FREE.
Ya, real hard.
Want it on the TV? Go go gadget AirPlay!

 

[ShawnD1]

Because it is so hard to type abc.com or nbc.com

On a PS3 it is.

 

[alent1234]

they made a nice bid to be the cable provider of the future, but failed. the content owners call the shots and they want too much money to make an all you can eat streaming service affordable.

 

[Genx87]

The content providers are pushing back at netflix and think they can somehow make more money providing the content directly to the consumer. By pushback I mean they are raising the cost to netflix. Cost is estimated to increase 10 fold in the next year for netflix to license this stuff. Or they are outright pulling the licensing(starz). In 5 years when those projects utterly fail due to low demand due to any number of reasons. They will seek a netflix like operation as a front end for streaming online. It is a natural progression of things imo. Content providers didnt think online streaming was viable. Netflix proved it was and so they want a bigger cut. Once they realize the infrastructure costs they will be back to outsourcing it in a few years. Would anybody really pay Starz a monthly or one time fee to watch their content?

In the meantime I changed my netflix to disc only for 19.99\month from 3+ streaming for 23.99 that was set to move to 27.99.

 

[Phokus]

As a sabnzbd user, what is this 'pirate bay' and 'netflix' you earthlings speak of?

 

[bfdd]

whatever? I'm still going to support Netflix. I have exclusively used the streaming service anyways so this really isn't a change for me and I understand the situation content creators/providers are putting them in. Greedy ass fucks.

 

[alent1234]

it's not viable so far. TV industry has almost $50 billion in revenues from advertising and cable fees. not sure about the movie industry.

a netflix sub will have to cost around $50 or so a month to keep the same level of revenue

a lot of it is a bubble because there are cable channels with 90% crap or reruns and one or two good shows. i've read that it's actually a business strategy to make money. people are starting to dump cable. i have a year at most paying for cable. my wife after talking to time warner said we're dumping it next year.

i'm looking at internet plus apple TV/netflix/hulu/blu ray

netflix streaming selection is crappola but it's only $8 a month. even if my kid only watches one or two shows at a time on it.

 

[waggy]

I know Netflix lost money from me. I went to streaming only. If they continue to raise prices and not add content then I'll drop it completely.
Netflix use to be a well liked company. Now it seems that the recent fiasco has made lots of people wish failure on them.

same. i went from 2 blu-ray out to just streaming. almost cancelled that too. if they continue to raise prices and remove content i will will cancell. next increase and that's it. I will go back to paying $100 a month for full cable tv.

 

[Imp]

Never saw the appeal of Netflix. Thought about signing up for a trial period when it was still relatively new in Canada, and after checking the selection, I just walked away.

I actually like iTunes "rentals", but with my bandwidth cap at 50Gb, I have to be careful, and I'm too lazy to be careful, so I just turn to cable.

 

[bfdd]

for 8 bucks a month, their library is huge, you guys are high. they don't have the newest everything, but who the fuck would expect that for 8 bucks a month? some of you i think just have completely unrealistic expectations. I never am not streaming something off of Hulu or Netflix and at 60 for my internet and 17 or whatever for those two scripts, I'm saving like 70 a month on TV packaging. lols

 

[waggy]

Never saw the appeal of Netflix. Thought about signing up for a trial period when it was still relatively new in Canada, and after checking the selection, I just walked away.

I actually like iTunes "rentals", but with my bandwidth cap at 50Gb, I have to be careful, and I'm too lazy to be careful, so I just turn to cable.

when i started it was something like $14.99 a month for 3 out at a time. they also had a wide selection to get. they always had stuff to keep my que full.

Even with the throttling it was worth it.

then they dropped me down to 2 out for the same price (without notice). then they upped the price from 14.99 to 19.99 (i think it is now). And at the same time they are losing movies.

so its just not worth it anymore. it used to be great.

 

[OILFIELDTRASH]

for 8 bucks a month, their library is huge, you guys are high. they don't have the newest everything, but who the fuck would expect that for 8 bucks a month? some of you i think just have completely unrealistic expectations. I never am not streaming something off of Hulu or Netflix and at 60 for my internet and 17 or whatever for those two scripts, I'm saving like 70 a month on TV packaging. lols

I got you beat. Att dsl for $20 and netflix $8. $28 entertainment bill. I have more fun going running or playing basketball which are free. I probably will get cable though when/if NBA season starts.

 

[Macamus Prime]

I am surprised people actually left Netflix.

Good job. Looks like America isn't full of mindless sheep. Now, if we can only get them to control their fear,...

 

[zerogear]

I cancelled Netflix, ever since the price hike. And since I have Amazon Prime, I also get instant videos.. not missing netflix at all.

 

[AstroManLuca]

Because it is so hard to type abc.com or nbc.com

It's impossible on a WDTV, or a Roku, or an Apple TV, or a PS3, or an Xbox 360, or anything else that isn't a home theater PC.

 

[ponyo]

It's impossible on a WDTV, or a Roku, or an Apple TV, or a PS3, or an Xbox 360, or anything else that isn't a home theater PC.

Why would I type and go to one site like ABC.com when I can press a button and load the Free Cable plugin on AppleTV and access everything on ABC, NBC, CBS, TBS, etc all in one place and watch everything without the annoying commericals? Have you tried going on ABC.com on your computer and watching an episode? You got to sit through like minute or two of commercials. Even if you run adblock, you still have to sit through the black screen for about two minutes til the commercials end. XBMC on your computer or AppleTV= perfect TV

 

[Fritzo]

for 8 bucks a month, their library is huge, you guys are high. they don't have the newest everything, but who the fuck would expect that for 8 bucks a month? some of you i think just have completely unrealistic expectations. I never am not streaming something off of Hulu or Netflix and at 60 for my internet and 17 or whatever for those two scripts, I'm saving like 70 a month on TV packaging. lols

Their offerings are streaming versions of programs you can see on non-premium cable. The fact that they raised the price of DVD rental, raised prices with little warning, lost Starz (that provides most of their good movies), the recent fiasco about the number of receivers that can be used at once, no indication of advanced services, and no original content has turned off customers. What did they think would happen to their stock?

 

[Patranus]

It's impossible on a WDTV, or a Roku, or an Apple TV, or a PS3, or an Xbox 360, or anything else that isn't a home theater PC.

Huh, I use the ABC app all of the time and then airplay the shit out of it to my apple tv.

 

[manly]

Their offerings are streaming versions of programs you can see on non-premium cable. The fact that they raised the price of DVD rental, raised prices with little warning, lost Starz (that provides most of their good movies), the recent fiasco about the number of receivers that can be used at once, no indication of advanced services, and no original content has turned off customers. What did they think would happen to their stock?

Basic cable is 5 times as much; if you already have it, great but otherwise how does the overlap make Netflix a poor value exactly? A lot of people have ditched cable and will continue to do so as the economy stagnates along.

They were losing money on the DVD side of the business, I think they could've done the price hike better (warning wasn't the issue). But I think their bean counters decided they didn't want to raise it 30% now and come back in 6 months and have to do that again.

The number of "receivers" issue seems to have pissed off the blogosphere and Netflix backed off before it became another outcry. Again, $8 for 2 simultaneous streams isn't exactly fleecing anyone.

What do you think happens to their stock if they lose money on 1-DVD out plans, and then also lose money on streaming when re-upping contracts is significantly more expensive? They made a business decision based on the facts on the ground, and consumers can consider their own options.

 

[Fritzo]

Basic cable is 5 times as much; if you already have it, great but otherwise how does the overlap make Netflix a poor value exactly? A lot of people have ditched cable and will continue to do so as the economy stagnates along.

They were losing money on the DVD side of the business, I think they could've done the price hike better (warning wasn't the issue). But I think their bean counters decided they didn't want to raise it 30% now and come back in 6 months and have to do that again.

The number of "receivers" issue seems to have pissed off the blogosphere and Netflix backed off before it became another outcry. Again, $8 for 2 simultaneous streams isn't exactly fleecing anyone.

What do you think happens to their stock if they lose money on 1-DVD out plans, and then also lose money on streaming when re-upping contracts is significantly more expensive? They made a business decision based on the facts on the ground, and consumers can consider their own options.

A lot of people have ditched cable percentage-wise, but many more have not. Most people actually still have some form of cable or satellite service. Netflix is only in a tiny fraction of homes comparatively, and their lack of unique content doesn't help.

 

[crownjules]

Companies don't need Netflix anymore to get their content on the internet.
That is why companies are pulling their content and NetFlix never gets anything new.

Pay 5 different companies?

Click ABC App. Click Show. It starts playing for FREE.
Ya, real hard.
Want it on the TV? Go go gadget AirPlay!

Yeah, that's good and all if you're only interested in the last 5 episodes of the current season. You make it sound as if you can go to NBC and watch S1 E5 of 30 Rock whenever you want. That's the beauty of Netflix IMHO. They have plenty of TV series I haven't had the opportunity to watch and it's not limited to just 5 episodes.

 

[Ms. DICKINSON]

As expected. You don't mess with loyal customers, period!

 

[RadiclDreamer]

As expected. You don't mess with loyal customers, period!

Ive been a loyal user for little over 8 years, im contemplating dropping them, they are just pulling too many dick moves

 

[Bignate603]

Because it is so hard to type abc.com or nbc.com

That works for new TV but what about movies or older shows? Also, each of those places has a different interface and are not compatible with the devices most people use to stream things on their TV.

There's quite a bit of value for having one place that has all the content, a single interface, and compatibility with the devices that people use. People want to sit down, select the show they want, and have it start. Google TV's set top box would have worked because it did all the legwork but the content providers effectively shut them out.