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+--- Thread: Netflix verdict in - they lost more subscribers than projected. (/showthread.php?tid=125880)
Netflix verdict in - they lost more subscribers than projected. - timg - 10-24-2011
down 800K from end of Q2 to end of Q3. I was one of them.
http://www.mercurynews.com/bay-area-news/ci_19183099?source=rss
and now they are losing it on the stock value too! down 20% after hours
Re: Netflix verdict in - they lost more subscribers than projected. - rob banzai - 10-24-2011
I will cry real tears when Netflix goes under and takes my 2 DVD plan with them.
Re: Netflix verdict in - they lost more subscribers than projected. - Bill in NC - 10-24-2011
Still love their by-mail service.
Caps will kill HD streaming, unless it's HD streaming from your broadband provider...
Re: Netflix verdict in - they lost more subscribers than projected. - Lew Zealand - 10-24-2011
rob banzai wrote:^^^^^^ This.
I will cry real tears when Netflix goes under and takes my 2 DVD plan with them.
Re: Netflix verdict in - they lost more subscribers than projected. - sekker - 10-24-2011
Surprised it's taken this long for the stock to tumble.
They have taken a lot of business risks this quarter, and they all failed.
Re: Netflix verdict in - they lost more subscribers than projected. - datbeme - 10-24-2011
That may just be the first wave. I was trying to time my cancellation with the end of the month, but the charge had already gone through on the 30th. It said cancellations weren't pro-rated, so it made no sense for me to do it then. I'm gone in a few days.
I'm not necessarily trying to make a statement. I just wasn't getting my money's worth the way it was, so this makes dropping Netflix a no brainer.
Re: Netflix verdict in - they lost more subscribers than projected. - nwyaker - 10-24-2011
Reduced mine to streaming and may cancel entirely next month. Selection is abysmal.
Re: Netflix verdict in - they lost more subscribers than projected. - Rick-o - 10-24-2011
No mention of all the people who downgraded? I went from a $24. a month plan to one costing half as much. I'm sure there are a lot of folks like myself who have done the same.
Re: Netflix verdict in - they lost more subscribers than projected. - Jack D. - 10-24-2011
Gone.
Re: Netflix verdict in - they lost more subscribers than projected. - olnacl - 10-24-2011
I beat the rush to cancel. Did so a few months ago in anticipation of the price increase, before the snafu began.