Netflix: A Year & a Half Later

I was perusing (word of the day!) some financial articles this morning, and came across this one from July, 2011.  (Click here to read the entire article.)  I’m interested to hear your opinion about Netflix a year and a half after their controversial decisions. My interest in the subject is mostly to see how the market will react to a company’s decision-making process.  2 million plus people were outraged with price increases, but it doesn’t seem to have effected them negatively too much.

 

Thank You, Netflix. And No, That’s Not Sarcasm. | Control Your Cash: Making Money Make SensePeople are never satisfied. 2-year old Netflix replaced standard movie rentals by mail with its famed subscription model in 1999. The model worked almost the same way that it does now: you paid $ x a month to rent as many movies as you wanted, but no more than three simultaneously.

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If you’re interested in further reading…

Here is Netflix’s 3rd quarter earnings report, which touts “more than 29 million streaming members in the United States, Canada, Latin America, the United Kingdom, Ireland and the Nordics…”

and

Here is a synopsis of that report.

So, let me know – are you a Netflix subscriber? Physical DVDs or streaming only?

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2 Responses to “Netflix: A Year & a Half Later”

  1. Granny says:

    This goes to prove what I was saying the other day – our heated discussion about unions! Leave the companies alone and let the owners decide what they want to do with their own company – win, lose or draw. Employees are just that. Employees. Even customers are just customers. You go Netflix – make your decisions in the capitalist society we live in and take the consequences. In your case, it was a smart decision.

  2. “Netflix: A Year & a Half Later | DownsWithDebt – Reducing My Debt Day By Day” was in fact
    a quite good blog post, . Continue authoring and I’ll try to keep reading through! Thank you ,Tiffany

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