Netflix price increase :~(

Netflix Separates DVD and Streaming Services - WSJ.com

Netflix Inc. Chief Executive Reed Hastings said in a blog post the company is separating its movie-streaming business and its DVD-by-mail service, to be renamed Qwikster, a move he said was the undisclosed impetus for a recent price increase that outraged customers and sent the company's stock price plummeting.

"I messed up," Mr. Hastings wrote in opening his lengthy, apologetic missive posted late Sunday night on Netflix's website. "I owe everyone an explanation."

A Netflix spokesman said that Qwikster will be a wholly owned subsidiary of Netflix. In the blog post Mr. Hastings wrote that Andrew Rendich, who was chief service and operations officer at Netflix, will become chief executive of Qwikster. He wrote that customers will receive separate credit card statements for the two services, with the new one billed under its new name.
 

lil84

New Member
i will drop the dvd shipping feature... this is the second time since we have it, they decide to ask for money...its not worth it!
 

2lazy2P

nothing unreal exists
i will drop the dvd shipping feature... this is the second time since we have it, they decide to ask for money...its not worth it!


I know, those bastages! They should just give their service away for free! :mad:
 

2lazy2P

nothing unreal exists
Sounds like they are seperating them so when qwikster fails.."netflix" will be unscathed...

100% sSig_agreed.gif
 

sparkyaclown

Active Member
Sounds like they are seperating them so when qwikster fails.."netflix" will be unscathed...

Honestly, I would think the opposite. Netflix's streaming selections are pretty abysmal. There are very few movies actually worth watching. Most of what is available is the very low budget stuff that I would never bother to rent/watch in the first place. The newer releases rarely get released to streaming. As an example in their top 100 list only 6 are available for streaming.

The only thing they really offer that seems worthwhile is the children's programming. My daughter streams a lot of the old cartoons through them. If it wasn't for her I would drop the streaming and stick exclusively with the DVD service where my selection is exponentially larger.
 

getbent

Thats how them b*tch's R
Honestly, I would think the opposite. Netflix's streaming selections are pretty abysmal. There are very few movies actually worth watching. Most of what is available is the very low budget stuff that I would never bother to rent/watch in the first place. The newer releases rarely get released to streaming. As an example in their top 100 list only 6 are available for streaming.

The only thing they really offer that seems worthwhile is the children's programming. My daughter streams a lot of the old cartoons through them. If it wasn't for her I would drop the streaming and stick exclusively with the DVD service where my selection is exponentially larger.

I agree.
 

libertytyranny

Dream Stealer
Honestly, I would think the opposite. Netflix's streaming selections are pretty abysmal. There are very few movies actually worth watching. Most of what is available is the very low budget stuff that I would never bother to rent/watch in the first place. The newer releases rarely get released to streaming. As an example in their top 100 list only 6 are available for streaming.

The only thing they really offer that seems worthwhile is the children's programming. My daughter streams a lot of the old cartoons through them. If it wasn't for her I would drop the streaming and stick exclusively with the DVD service where my selection is exponentially larger.

sure, for now. But the way of the future is streaming. If they can rid themselves of the dvd service, they could afford more streaming licenses. Look at it this way, the postal service is on shaky ground, shipping is getting more expensive and more people are streaming. This way, they can phase out the dvd's without ever harming the "netflix" name.
 
Honestly, I would think the opposite. Netflix's streaming selections are pretty abysmal. There are very few movies actually worth watching. Most of what is available is the very low budget stuff that I would never bother to rent/watch in the first place. The newer releases rarely get released to streaming. As an example in their top 100 list only 6 are available for streaming.

The only thing they really offer that seems worthwhile is the children's programming. My daughter streams a lot of the old cartoons through them. If it wasn't for her I would drop the streaming and stick exclusively with the DVD service where my selection is exponentially larger.

What libertytyranny said is closer to the truth, even if not exactly right with regard to Netflix's specific thinking.

There's no question that Netflix is shifting its focus from DVD delivery of content to streaming content. They've said as much in their SEC filings and the reported metrics support the same. They are spending less money on acquiring physical DVDs and more money on acquiring the rights to stream content. The number of DVDs sent out per month per subscriber is decreasing, and Netflix actually expects total DVD shipments to decline going forward. More people were opting for the lower priced plans that included fewer DVD rentals (i.e. before the price change that separated the streaming and DVD by mail options). In 2010, the number of customers viewing more content via streaming surpassed the number viewing more via DVD delivery.

Physical delivery of content is a dying business model, though I don't mean to suggest that its death is imminent. Netflix definitely cares more about the streaming business going forward, as that is where continued business relevance and, hopefully, profitability lies. In reality, what they've been doing is leveraging their position in the physical content delivery market to become an important player in the digital content delivery market. That's what they needed to do, though the question remains as to how well they have/will pull(ed) it off. I don't think they're going to abandon the DVD delivery business in the short term, but it seems likely that it will eventually meaningfully go away.

Once Netflix and Qwikster are seperated for accounting purposes, I think we'll see that the streaming aspect of the business is much more highly valued by analysts. It makes sense that the streaming business is keeping the Netflix branding, while the DVD by mail business is getting stuck with Qwikster. Going forward, the streaming business is what Netflix is and was going to be, and they probably don't want to lose the built up value of that branding.
 
And then there's this...

Blockbuster expected to announce streaming service

SAN FRANCISCO - Dish Network Corp. is expected to unveil an Internet video service Friday in a move that could give movie lovers another reason to abandon Netflix.

The service will be offered through Blockbuster, the video store chain that Dish Network bought out of bankruptcy court for $234 million five months ago. The bankruptcy court had valued Dish Network's bid at $321 million.
 

JoeRider

Federalist Live Forever
I got an email from Netflix that has pushed me over the edge. No problem with Netflixs in the past, but several bonehead moves in the last 6 months price increase, announcement of splitting streaming from dvd, when everything is moving to more integrating, and the dumbest letter I ever received.

They can kiss the $120 annually that I spend with them good bye.

The letter looks like it was written by a third grader.

NetFlix CEO Sends Mea Culpa Letter To Clients: "I Messed Up. I Owe You An Explanation" | ZeroHedge

I messed up. I owe you an explanation.


Qwikster will be the same website and DVD service that everyone is used to. It is just a new name, and DVD members will go to qwikster.com to access their DVD queues and choose movies. One improvement we will make at launch is to add a video games upgrade option, similar to our upgrade option for Blu-ray, for those who want to rent Wii, PS3 and Xbox 360 games. Members have been asking for video games for many years, but now that DVD by mail has its own team, we are finally getting it done. Other improvements will follow. A negative of the renaming and separation is that the Qwikster.com and Netflix.com websites will not be integrated.




Netflix CEO Reed Hastings Sends Tear-Stained Letter To Subscribers - Forbes.com

Netflix CEO Reed Hastings said he "messed up" late yesterday in a letter posted on the company's website.
 
It looks like this new service, called Blockbuster Movie Pass, will only be available to Dish Network customers for now. The price will start at $10 per month for a plan with one mailed DVD at a time.
 
That's pay per view

I thought pay-per-view had something to do with paying for each view (i.e. each movie). Is that not correct?

This new service represents a fixed monthly rate plan which allows you to receive as many DVD's as you can watch and send back (or exchange in store) in a month, as well as stream as many movies or shows as you want.
 

getbent

Thats how them b*tch's R
I thought pay-per-view had something to do with paying for each view (i.e. each movie). Is that not correct?

This new service represents a fixed monthly rate plan which allows you to receive as many DVD's as you can watch and send back (or exchange in store) in a month, as well as stream as many movies or shows as you want.

That's the commercial I just saw. I believe you can get video games too.
 
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