Netflix's New Policy

Discussion in 'Movies & TV' started by Fry, Jul 12, 2011.

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  1. Fry

    Fry Hatin' is what I do.

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    If I was paying more for an improvement in the service I wouldn't be pissed. I'd probably still discontinue my subscription, but I wouldn't be hellbent on getting everyone I know to cancel too.

    If I was getting better movies and shows to stream instantly for the extra $6.00, I would almost see it as worth it. Instead I'm still going to be able to watch Thankskilling instantly while I have to order Inception.
    #11
  2. SawdustMan

    SawdustMan Pro Bowler Tip Jar Donor

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    But again, this isn't something Netflix is doing purely out of greed. This is something they are doing for survival. Take a look over this article and see if you change your mind any.

    Competition in the streaming market is drastically increasing. Some true juggernauts are now getting in the game. Netflix has to pay for the rights to a particular studio's movies/shows. As it stands right now, Netflix does not have NEARLY the amount of money for bidding that companies like Amazon and Google have. They have to adjust their business model to have a chance. Just like many other businesses, they are basically passing the costs of their increased overhead onto their customers.

    The bottom line is we're talking about six dollars here. It's still a great deal for what you're getting. What better deal is out there? I can't understand why you are upset to the point that you're trying to get everyone you know to cancel.
    #12
  3. TitanAtl

    TitanAtl Practice Squad

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    It would make a difference even if they cut the difference in half. I have about 50 dvd's in my queue right now that aren't available on instant stream.

    Having a 60% fee increase with no increase in service though is terrible.
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  4. Fry

    Fry Hatin' is what I do.

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    I've been a member of Netflix for over three years and I'm getting no respect as a costumer. I could be like the majority of college students who choose to stream things for free, but instead decided to give Netflix my money. If they want to increase the quality of the movies they're going to offer on instant stream while hiking rates then they would be in the right to charge more, but they're not.

    Increased cost for the same service. That's the problem. If they have to increase prices because they have to compete with Google and Amazon, then so be it, but increase the quality of your service to go along with it.
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  5. KamikaZ

    KamikaZ Ex-Hall of Famer

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    I'm with the others, Big. I'm too happy with the deal to be outraged. Does it suck they're changing their rates? A bit, but it's definitely still a reasonable price.
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  6. Fry

    Fry Hatin' is what I do.

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    I'm not so much outraged, I am just tired of taking in the *** from these huge corporations, but that's another rant for another thread.
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  7. SEC 330 BIPOLAR

    SEC 330 BIPOLAR jive turkey

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    I think Netflix might do well to examine their demographics when determining a price point. For every fat and happy middle aged man streaming with a blu-ray there's probably five guys like bigtitan watching every dime, streaming with a console. Doubling the price, or charging for what you used to get for free, or however you want to characterize it, will lead to a backlash, lost customers who will migrate to other services, some of which are free. Also, with high end motherboards and graphics cards, HDMI output doesn't take a lot of money or technical expertise. You have to keep in mind that this game is about market share just as well as it's about revenue. Netflix is treading down the dangerous path that was Blockbuster's folly. Blockbuster put their head in the noose when they brought back the late fee. This isn't much different than that in my opinion.
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  8. SawdustMan

    SawdustMan Pro Bowler Tip Jar Donor

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    You're still missing the point. They REQUIRE extra revenue just to be able to sustain the catalogs they already have, much less go after even more catalogs. Netflix has two choices right now:
    1. Up their rates and at least TRY to compete with the likes of Google and Amazon
    or
    2. Get pushed out of the streaming market altogether. And with discs likely on the way out anyway over the next several years it would also mean them effectively going out of business in the near future.

    If you owned a very successful business and your suppliers (the ONLY suppliers in the game mind you) were going up on you by ten times what you used to be paying what would you do? Your only options would be to pass some of that extra cost onto your customers or shrug, do nothing, and eventually go out of business.

    Also, the fact that you've been a customer for three years doesn't mean anything. In a perfect world it would mean something but in the real world of business it doesn't. They have to worry about staying in business first and foremost before worrying about the (relatively) small section of their customer base that is willing to outright cancel their service over six bucks.
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  9. SawdustMan

    SawdustMan Pro Bowler Tip Jar Donor

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    I'm sure they've already had people much smarter than you and I look at their demographics and statistics. And I'd assume they determined that this price hike makes financial sense in the long run. Or else they would have never done it. I seriously doubt this was some willy nilly decision they just made simply out of greed.

    Again I ask, even after the price hike, what's the better deal that's out there right now? Sure there are places where you can watch SOME stuff for free (legally). But who else is willing to give you the number of titles to watch instantly whenever you want, however many times you want, for a mere eight bucks a month as Netflix does?
    #19
  10. SawdustMan

    SawdustMan Pro Bowler Tip Jar Donor

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    I can understand being slightly peeved over this. What I can't understand is how offended some people are acting over it. Again, nobody is locked into a contract here. You can cancel at anytime. If the $6 hike means Netflix no longer makes financial sense for you than so be it. Cancel your service and let your wallet do the talking. If that many people REALLY feel the same way bigtitan does then Netflix is going to pay dearly for this. However, I honestly don't see that happening. I think this is a situation where the bark is going to be worse than the bite. Some people are mad so they're ranting and raving about canceling. I think the number of people who actually back up their words will be relatively small. It's still an excellent deal that most people will continue to see as well worth the price of admission.
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