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I love how everyone is jumping all over people for not being "productive" rather than looking at the real issues. Yes, if you spend your day watching movies instead of working, your not being productive, and you'll probably lose your job. But companies that block websites aren't taking care of the real problems. Meanwhile, you have people that, for whatever reason, live at work. I, as an example, am actually in IT. I would never DREAM of streaming Netflix during regular hours. But, with that said, if I'm ever at work at 10PM waiting for a server migration, or for drives to build, format, scans to complete, jobs to run, etc. you better well believe that I'm watching Netflix, Hulu, or at the very least streaming Pandora during the "waiting" times. With all that said, like I said, I'm actually in IT, and can see very good reasons to block this stuff. Like this post points out, Netflix, and yes, Pandora, and any other streaming uses A LOT of bandwidth. I happen to work for a company that has plenty to spare, but I'm sure a day will come when that is no longer the case. Internet bandwidth to companies is VERY expensive, much more than for a home user. And while Pandora uses less than Netflix, it's still going to add up when you have hundreds of people using it for hours at a time.
Honestly, I think Hastings needs to step down. I think he is not a visionary at all, and is actually BEHIND the times. I no longer go to the mall, nor do I go to grocery stores? Why? Because it is more CONVENIENT for me to go Walmart or Target. There, I can get my groceries now, in addition to things for my house, clothes, electronics, DVD's, all in one place. I also bank where I pay my mortgage, where I save, where I get my credit cards. One website, all integrated. Another great example is Amazon. I don't even consider other retailers until I have first checked them, because they have everything, and they keep track of everything for me. Yet Reed wants me to go back to the way things were done 20 years ago, where I would go to the mall to go to 10 different stores, then go to the grocery store? No thanks. I want ONE stop for my movies, Netflix had that. I could choose how to watch the library of DVD's, and would choose streaming over DVD to save money and time when I could. But now, you want me to check two websites, do two ratings, and pay two comapneis? 90% of the people I know were happy Netflix subscribers, some because of me. Now, about half of those have cancelled, 25 percent are cutting their plan in half, and the other 25% are looking for alternatives, including me. Again, price increase aside, splitting into two companies before streaming is even close to prime time is costing this company millions of subs (yes, I said millions). I hope the board and shareholders are paying attention for the next few quarters, because if my circle is "average" then you have some bloody quarters coming up very soon.
Dear Metflix, Bad timing. Because of your recent decision to raise my prices and make the service I use now twice as hard to use in the process, I will never again support anything you ask me to do. As a matter of fact, I'm looking for alternatives and probably won't be a customer for very much longer. Sincerely, No longer loyal, and soon to be former 10 year subscriber
I'm a Starz/Encore subscriber, and the loss of this deal may actually prompt me to drop at least Starz. I had it because it was cheaper to keep it at one time, but recently, my deal expired, so it would cost me $10 a month. I had originally considered keeping it, because I do enjoy some of the movies. But, I enjoy the prospect of watching these things on my own schedule, which Netflix allows me to do. I do not have a cable company DVR, but rather a Tivo, so I don't have access to traditional on-demand.
BoB, Netflix has NEVER been the only game in town. But seriously, look at other services and tell me that you are actually getting a BETTER product for the same price as Netflix. Yes, I agree with you, streaming is in it's infancy, and due to poor executive decisions made by content owners, it may never develop. And yes, the DVD catalog has gone downhill since the shift to streaming, which I do not agree with. But, can you honestly expect the service to continue at such a low price, when costs to acquire content are rising exponentially, postal costs are going up, etc? Eventually, you reach market saturation, and simply adding more subscribers doesn't make up for the additional costs, so you have to actually charge the customer what you are paying to deliver the service. Trust me, if you look 6 months or a year into the future for Netflix, profit margins aren't going to go up that much, but expenses to pay for streaming content are going to go up quite a bit. My only hope is, they truly DO separate the two, so that DVD's get a priority again, and when the studios decide to kill streaming, the costs are only reflected in the streaming side of the plan. I don't like the price increase either, trust me. But the number of hours of entertainment I get from Netflix for the cost isn't even CLOSE to what I could get out of any other medium, unless of course I start going to the library more and reading books every month.
"I love the people who feel the need to justify financial gain by any means. It really bolsters my lack of faith in humankind." I love it when people make broad, uneducated statements like this, as it really bolsters my lack of faith in humankind. Seriously, go do some research, and if you want to be mad at someone for financial gain, perhaps you should be looking at the reasons Netflix had to raise prices in the first place. Studios, USPS, etc. And, if you REALLY want to blame someone, why not pick apart the studios and find out just exactly who is gaining from additional revenue there. And, if you want to blame the Postal Service, then look at what part of their costs went up the most (gas). Being angry because a company raised prices is fine, but failing to look at the reasons why they had to while making statements like Netflix is greedy is not. If they are making over 50% profits and paying their executives hundreds of millions of dollars, then MAYBE the time is right to direct that anger at Netflix.
"Although I doubt your attitude would stay in tact if the cost of television rose 60% for the lowest "luxury" service, or if it rose 60% for a 1.5Mb connection for internet. Given by both your logic, Netflix could raise their prices again in 3 months another 20-60% and this would be a-okay with you." First off, when I started with Netflix in 2001, 3 discs with no streaming was $20 per month. So, today, for the same service I got 10 years ago, I actually would pay $4 LESS, or 20% less than what I paid, while postal rates have INCREASED 33%. Second, when I stared with Netflix 10 years ago, my "basic" cable was $35 per month. Now, its over $70 (a 100% price increase. The difference is, both of these rates go up OVER TIME, whereas Netflix raised them all at once. Yes, it sucks, but costs go up. What I think is sad is that Netflix is betting the farm on streaming, and the fees that rightholders demand for content will continue to go up, while the cost to get physical media will almost certainly stay the same, or perhaps even go down. Cost to DELIVER said media will continue to go up, because gas prices have gone from around $1 to at least $3.50 (a 250% increase).
"Yeah, most likely. Most people don't like getting screwed in the pooper. Particularly during a time when most people are struggling to just stay afloat, they don't want to put up with yet another billion dollar greedy business gouging their wallets for even more money." How are you getting screwed? If you enjoy streaming, then you can save money and just get streaming for $8 a month. If you would rather get your content on DVD's, then you can get THOSE for $8 a month, or $16 for 3 at a time, the cheapest these plans have EVER been offered. And if you want both, then you get a library of content that is greater than ANYTHING out there for less than the price of 3 blockbuster rentals or 15 nights of redbox. Name me ONE service that even comes CLOSE. Cable give you some of that for 4 times the cost (to start). Redbox gives you new releases, if you can get them, for $1 a night. Amazon gives you about half the streaming content for about a dollar less per month. "In these days of "tough economic times" Netflix has thrived while other companies have fallen due to it being seen as an affordable luxury. With these price increases coming down every 3 or 4 months they're pricing themselves out of that affordable luxury and placing themselves right smack in the middle of "luxury I can live without" land. In a day and age where people are more concerned about affording food to eat and gas to drive to work, nobody wants to hear about Netflix's woes that they pay soooooooo much for streaming rights." First off, maybe you don't remember paying $4 PER NIGHT for Blockbuster movies (again, assuming you could even FIND them). Yes, times are tough, and if your budget is tough, then Netflix is giving you the option to go back to the oldschool plans for the LOWEST price they have ever offered. If you want to blame anyone for higher streaming prices, look at the studios. They have increased payments to the studios by 20 TIMES what they originally paid when they offered the service FOR FREE. And those fees are only going to continue to rise.
And also, if I wanted to drop streaming, I would actually pay $3 LESS per month for the 2 out plan than I was paying before.
Am I the only one that see's the positive here? First, it means that they are NOT abandoning DVD's, which is a good thing. Between the licensing deals, and bandwidth caps, everyone seems to be trying to kill streaming, so I am glad that DVD will remain an option. Second, I used to pay $20 a month for 3 DVD's with NO streaming from Netflix and it took DAYS to get new DVD's (one shipping center). Now, I've been getting a deal by paying for two DVD's and getting free streaming on top of it for $15. I still watch the same, if not more, than I did with the 3 DVD plan, but was saving $5 per month. Now, they have essentially right-sized the plan, so I am back to paying nearly $20 BUT the beauty is, if I want to drop streaming, and go back to 3 DVD's at a time, I will actually pay LESS (the lowest amount ever on record) than I did for 3 DVD's when I started with Netflix. For those complaining about subsidizing streaming, now they don't have to!
@Talking_biscuit: Wow, time to switch ISP's. My local cable company (Comcast) has a 250GB cap, and the phone company DSL (20mbps in our area) has no usage cap (nor will they, because they see themselves as no longer a "phone" company, but an "internet" company). I watch tons of videos via Comcast, and never hit my cap. (and many weeks, I fall into the +11 hours a week category).
More and more old network execs that don't get it. If I want to watch it, I'll find a way. You aren't going to "force" me to watch it on TBS, no more than you are going to "force" me to sit through commercial breaks. That's technology. If you don't make it available on Netflix, which I happily pay for, then I'll find another avenue, either by watching it on Hulu, waiting for the DVD, or simply saying "no" to the content all together. I don't need your shows to survive. But what you have done is just passed on my money, entirely. Smart move.
Remember back to the days of video store rental ONLY? I used to work at one, so I do. And when a new release came out it used to be that you got one only if you were first in line, or very lucky. Most of the time, for the first month a movie was out, you couldn't get it. Sure, now things have changed. The demand at video stores is not as high as it was before netflix (all of our local ones closed, closest video store is now 20 minutes one way). But, the same thing holds true for Netflix as it did for Blockbuster. When a movie first comes out, you can't keep it on the shelves. Wait a while and you have way too many copies and don't know what to do with them. I'd say, if Netflix can cut the wait on new releases down from 3-4 months to a month after the new window, then it's still a gain. Because now, instead of waiting 4 months, you're waiting two.
Really? Greencine is fullfilling your need for all the lastest Warner Brothers movies? I thought for sure that Greencine was an indie-only service.
I either get the new releases on the day of release (if I time it correctly) or have to wait months to get it. Night at the Museum 2 has been in my que, and currently shows "Long Wait". That doesn't always mean anything, as I suspect they process the orders for that DVD, and if there are any left over copies that day, they will ship them out to higher volume users in that order. Makes total sense to me. Like many, I have given up on seeing new releases the day they release on DVD. I mean, I figure that I've already waited 4-6 months by not seeing it in theatres, why do I HAVE to see it on release day? Seriously, nothing changes by me seeing it right away. If it's something I really look forward to, then I plan accordingly so I can get it in my mailbox on release day, or plan on getting it through another source. Otherwise, I wait it out and see it eventually. There are more than enough "back catalog" titles for me to see, both new and old. I've NEVER waited on Netflix because I didn't have an available movie in my que, and using this method I am often surprised when I DO get a newer release (that has been on DVD less than 4 months). Again, not a big deal at all.
Guys, this is a game of Chicken. First off, the studios are saying "rental should have to wait 30 days to help boost DVD sales", to which Netflix is saying "Fine, if you want me, and everyone else to wait 30 days, then it is going to cost you 50% of your revenue from us." If this goes through on the Netflix side, then it's going to go through for all other rental channels as well. Then you have two choices. 1 is that you buy the movie retail (Redbox is doing this), and 2 is that you wait like everyone else. I doubt the studios would go through with this, as it's a risky bet on their part. Would they be willing to bet on 50% of rental revenues that people won't wait 30 days to see a new release? If you saw it in the theatre, you'll either buy it when it comes out or you won't, depending on how you liked it in the theatre. If you didn't see it in the theatre, are you really going to spend $20 to buy the movie sight unseen? On the other hand, I have seen a Netflix movie and later gone out and bought that movie because I liked it enough. I'm sure I'm not alone in the "try before you buy" group, especially in today's economy.
Would I drop Netflix if there was a 30 day window on new movies? NO. Do I think it's a dumb move by the studio's? YES! If I really want to see a movie, I see it in theatres. Otherwise, I wait until it comes out on DVD, get it from Netflix, and then if I think its something I'll watch again, I go BUY it after I rent it. Rarely do I see a movie that I need to buy right when it comes out on DVD, and I would NEVER blindly buy a DVD without having seen the movie at least once first. Adding a 30 day window just means I'll wait 30 days, or I might just not watch it at all, depending on if I remember to see it when the window is up. Seems pretty easy to me. But if Netflix is going to be held to this standard, and kiosks are going to be held to this standard, then every rental option should be held to the same standard.