Netflix raises prices - a lot

[KingIsaacLinksr]

If Netflix were to enforce the one-stream-only deal, I can't blame them because one could consider it an exploit.  I mean, If you and five other friends (who do not live under one roof) can share the same Netflix account and only pay $7.99, isn't that cheating Netflix out of its $$? 

Granted, IF Netflix was wanting to enforce this, they should allow for family options or something.  But since it seems this is a bug and not an actual enforcement, then nothing to worry about.  :)

King

[Poodyglitz]

Al, hang in there, pal. :)

[Bryancd]

If Netflix were to enforce the one-stream-only deal, I can't blame them because one could consider it an exploit.  I mean, If you and five other friends (who do not live under one roof) can share the same Netflix account and only pay $7.99, isn't that cheating Netflix out of its $$? 

Granted, IF Netflix was wanting to enforce this, they should allow for family options or something.  But since it seems this is a bug and not an actual enforcement, then nothing to worry about.  :)

King

Very true. Possibly they could do something similar to what iTunes does, allowing a unique user two or three devices on which to have the content.

[QuadShot]

If Netflix were to enforce the one-stream-only deal, I can't blame them because one could consider it an exploit.  I mean, If you and five other friends (who do not live under one roof) can share the same Netflix account and only pay $7.99, isn't that cheating Netflix out of its $$? 

Granted, IF Netflix was wanting to enforce this, they should allow for family options or something.  But since it seems this is a bug and not an actual enforcement, then nothing to worry about.  :)

King

What? TIM supporting "The Man"? No. Tim I thought you were against EVERYONE large company who wanted to profit off us? :)

[KingIsaacLinksr]

If Netflix were to enforce the one-stream-only deal, I can't blame them because one could consider it an exploit.  I mean, If you and five other friends (who do not live under one roof) can share the same Netflix account and only pay $7.99, isn't that cheating Netflix out of its $$? 

Granted, IF Netflix was wanting to enforce this, they should allow for family options or something.  But since it seems this is a bug and not an actual enforcement, then nothing to worry about.  :)

King

What? TIM supporting "The Man"? No. Tim I thought you were against EVERYONE large company who wanted to profit off us? :)

LOL!  It was mostly a logic question, not me supporting "the man".  And if I were really against every large company trying to make $$ off of me, I wouldn't have an Apple device, PC computer, Ford Car, Steam account, etc etc etc etc.  ;)  I understand why they might do it.  Which is in stark contrast to other companies right now where I don't understand their motives.  ;)

King

[Feathers]

I'm with Tim (or at least, what he said is the first thing I thought).

[Rico]

Ok, now Netflix is splitting off the DVD rental portion of their service even more and renaming it to Qwikster.  This physical disc rental service will also begin to include video games.  Read on:

Sept. 19 (Bloomberg) -- Netflix Inc. plans to separate its DVD-by-mail service from movie streaming, a move the company said will give both businesses a better chance to grow.

The DVD-only service will be called Qwikster and add video games to the current movies and television shows, Reed Hastings, chief executive officer of Los Gatos, California-based Netflix said yesterday in a blog post. The streaming service will keep the Netflix name.

The move grew out of the realization that the businesses had different cost structures and marketing needs, Hastings said in the post. Separating them will allow each to grow and operate independently, he said.

"It's hard for me to write this after over 10 years of mailing DVDs with pride, but we think it is necessary and best: We will rename our DVD by mail service 'Qwikster,'" Hastings said.

Andy Rendich, who has led the DVD operation for four years, will be Qwikster's CEO. The by-mail and streaming products will have separate websites and customers will receive unique credit- card charges from each.

Qwikster will start "in a few weeks," and will offer video games for Nintendo Co.'s Wii, Sony Corp.'s PlayStation 3 and Microsoft Corp.'s Xbox 360 consoles, Hastings said.

There will be no new pricing changes, Hastings said. He said the company had "messed up" over the past two months in how it discussed with customers pricing changes, which raised fees on customers who pay for both DVD and streaming by as much as 60 percent.

"It is clear from the feedback over the past two months that many members felt we lacked respect and humility in the way we announced the separation of DVD and streaming, and the price changes," Hastings said.

Netflix fell 26 percent in two days last week after the company said it lost more customers than anticipated following the price changes. The shares closed at $155.19 on Sept. 16 in Nasdaq Stock Market trading, down $14.06, and have declined 12 percent so far this year.

http://www.washingtonpost.com/business/netflix-to-separate-dvd-business-as-qwikster-offer-video-games/2011/09/19/gIQAxC7reK_story.html

[Jobydrone]

Initial impressions:  Terrified by the huge losses in the value of their stock, the CEO has to do some major damage control.  Quikster is an absolutely horrible name, what genius thought of that one?  I agree that streaming and downloading is the future...they had better get some decent "netflixs" up for instant stream soon of they are going to lose a lot more customers.  The loss of the whole Starz library is huge, I know I for one didn't subscribe to Starz because everything I wanted to see on that channel was on Netflix, and that was an awful lot. 

[KingIsaacLinksr]

I'm becoming concerned about Netflix.  This move just seems...idiotic.  What sense is it to make a completely second service when everyone liked the convenience of one service? 

And Quickster?  Really?...yeah...

King

[billybob476]

I have a feeling they are lining up to sell off their DVD business, there aren't many other reasons (to my uneducated mind) to completely segregate them.

[Rico]

Hey -who here has used Red Box much?  Do they carry Blu-Ray's too??

[QuadShot]

Hey -who here has used Red Box much?  Do they carry Blu-Ray's too??

They do carry Blu-Ray Rico. For $1 more I believe...

[moyer777]

I use red box at least once a week.   The blu rays are 1.50 per night.  DVDs 1.00. I watched Thor the other night.

[Rico]

Definitely going to give Redbox a try since I dropped everything but the streaming on my Netflix account.

[Bryancd]

Definitely going to give Redbox a try since I dropped everything but the streaming on my Netflix account.

That's really where Netflix is going. They don't want to be mired in the DVD mailing business, that's why they split off the other company, which at some point they can sell.