Didn't Netflix just announce better than expected revenue? And this gives them an excuse to raise rates?
They have a lot of programing they will have to pay for, they will soon be the sole paid provider for all Disney content ( Disney, Pixar, Lucasfilms, Marvel ), they are doing a new deal with Epix and they want it to be a exclusive deal so no more on Amazon and Redbox, that will costs more, Dreamworks Animation is just now starting on Netflix, Turbo and The Croods are on now for example and they want to do a lot more new TV series. I still get better value from Netflix at $8-9 a month then HBO at $15-$20 a month.Didn't Netflix just announce better than expected revenue? And this gives them an excuse to raise rates?
Me thinks that people won't be happy until they get everything for free.Didn't Netflix just announce better than expected revenue? And this gives them an excuse to raise rates?
Just a reminder, Netflix had the online viewing and DVD delivery together for 7.99. A defacto increase was made when they split the online and DVD into two businesses (netflix.com and Qwikster.com), and charged 7.99 for each. Many, including me, dumped netflix in Oct 2011; stock went from about $300/share to $66/share. They've have slowly regained many previous customers and/or new customers and price is now in $400 area.
I joined back this year (free month was given) and cut the cord. Once I've seen all I want, I'll drop them again for a while (a year or two, after they add more content that is of interest).
It wasn't $7.99. It dropped to $7.99 for streaming only. Many people saw a price drop when Netflix made that change.Just a reminder, Netflix had the online viewing and DVD delivery together for 7.99.
Yeah, some people ran around screaming the sky was falling. Those people were eaten by a fox, and things returned to normal.A defacto increase was made when they split the online and DVD into two businesses (netflix.com and Qwikster.com), and charged 7.99 for each. Many, including me, dumped netflix in Oct 2011; stock went from about $300/share to $66/share. They've have slowly regained many previous customers and/or new customers and price is now in $400 area.