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RE: Morons
By Mitch101 on 7/12/2011 9:13:13 PM , Rating: 5
Im ok with this. Im a streamer and could care less about getting a physical disc. I though I did at first but really the discs that arrive in the mail I find useless and return them without even watching them most of the time. So Netflix is just risking the disc in the mail for only $2.00 more.

Im also all for Netflix making a profit too they never once screwed around like Blockbuster did with me.

Besides $2.00 less is two redbox rentals at my local gas station if needed.

RE: Morons
By jeepga on 7/12/2011 10:39:30 PM , Rating: 2
Netflix had an 88% increase in profit last reporting cycle. They're making good profits. This is their second price increase in a year.

I couldn't care less if there is a reason behind it. It's unacceptable and I will be cancelling my subscription before the increase goes into effect.

RE: Morons
By Mitch101 on 7/12/2011 11:08:16 PM , Rating: 5
Its a $2.00 price cut for me.

Not long ago the only option was DVD rental no streaming and it cost more than $8.00.

I would also bet that increase was due to Blockbusters Chapter 11 not all of them went to redbox.

I even look at Hulu+ at $7.99 and that has commercials and think Netflix is a better offer where the two compete with one another where Netflix is the $8.00 commercial free version.

I still think its a good bargain if not there is always redbox.

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RE: Morons
By someguy123 on 7/13/2011 5:42:47 AM , Rating: 1
You don't care if there actually was a reason?

What kind of sense does that make? If they were forced to do it financially they should just become nonprofit and offer you movies at cost?

RE: Morons
By tastyratz on 7/13/2011 8:39:39 AM , Rating: 2
No he is saying he doesn't care because they explicitly are making very high profits and got greedy. The majority of people who buy netflix for streaming are not going to be using the dvd plan. The pr is crap, the reasoning is crap, and the viewpoint is crap. This is not selling dvd for $2 more, this is selling an additional infrequently utilized service to an existing customer base and increasing revenue/attach rates.

The price of 7.95 for streaming only is not what netflix will likely incur wit their costs (given their profit margins now) but what a panel determines their customer base is willing to pay- I bet they could make a profit selling it for 2.95... Instead of looking at it as dvd for only $2 more one could argue it's dvd for $7 more and the streaming is reduced to 2.95 in that package.

Most people who sign up for streaming are choosing the dvd service as a safeguard in case their favorite show/movie is not available streaming. This acts like insurance to lure new customers and keep short term members. They don't exactly offer a unique service here.

Maybe they should allow a "voucher" towards 1 dvd rental of 7 days per month or similar to appease streamers?

Netflix has tempted me in the past, and I do not currently have an account - but I can say for sure now I would NOT sign up. I would primarily use streaming and occasionally use rental but now find the bundle pricing of the 2 to not be a good value.

RE: Morons
By tigz1218 on 7/13/2011 8:41:58 AM , Rating: 3
How is it "unacceptable"? Was renting movies a fundamental right that I am unaware of? It's called capitalism, and when companies make mistakes, it opens the door for a competitor. Maybe that could be you. Learn from things like these how to capitalize, not get angry, and you will be a very successful person.

RE: Morons
By Hiawa23 on 7/13/2011 1:59:44 PM , Rating: 2
I agree, it is called capitalism, same with Apple, same with MS, same with Sony, same with Goodyear, & I seriously don't know how any of you would know how much money or profit this company has made, last quarter or other. Personally, I don't have an issue with it as I love the Bluray new releases, & if I had to do without one it would be the streamin feature cause the streamin movies, even though I have over 150 in my Q these are basically tv shows & old movies, of which if I wanted I could get the physical copy. If Netflix opens up the new releases without the restriction, I would love that as there would be no day wait for the physical copy. I would be willing to pay alittle more for this pay option as I love the new released Bluray, many of these not available for streamin, so there is noway I would pay for streamin only. My HDTV also has the Netflix ap on it which is cool as my TV uses less power, & heat than my PS3 or Xbox360, & i have been using it for my stremin movies lately.

RE: Morons
By rubbahbandman on 7/13/2011 12:18:20 PM , Rating: 2
I assume the reasoning behind this is reducing SG&A (Selling, General & Admin expenses) and improving cash flows.

If you take a look at their quarterly report SG&A has increased substantially, no doubt a large portion is attributed to the physical media side of their business.

It seems a bit odd that they don't offer any sort of discount for bundled packages though...

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Last week I wanted to watch Transformers 2

Uhhh, why?

RE: Morons
I don't get it.



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