ST Alpha - "Netflix has lost 1 million subscribers (4%) since the price increases went into effect -- nm" (Reading a Post)

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Netflix has lost 1 million subscribers (4%) since the price increases went into effect -- nm

Posted by stewie (aka whysoserious) Sep 15 '11, 06:01

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Responses:

So they lost 4% and the other 96% are paying 100% more? I think that's a win -- nm - oblique Sep 15, 06:13 9
- 28% for me. -- nm - nubby Sep 15, 06:17 4
  - I was being sarcastic but -100% of 4% is probably less than +28% of 96% or whatever that average is - oblique Sep 15, 06:20 3
    - it's way too early to judge the ultimate upshot of their price hike on their bottom line, imo.... - x Sep 15, 06:23 2
      - I think too that many people will return to NF when they realize there's no better way, no cheaper way; no *other* way. -- nm - amanda jones Sep 15, 06:28 1
        
        I think you are right - SM is already griping and it's been 3 days -- nm - Epiphany Sep 15, 06:30
- I'm not paying 100% more, haven't been billed yet but it's only a couple bucks more (10%ish). -- nm - Don Homer Sep 15, 06:16 1
  - it's the lower-level users who were hit hardest -- people who had less than three discs at a time -- nm - amanda jones Sep 15, 06:29
- You also have to factor in that they are a growth company and otherwise might've added a million customers - stewie Sep 15, 06:16 1
  - certainly not a million. I'm really curious to see what the subscriber base looks like a year from now. my guess is that most people will be back in - amanda jones Sep 15, 06:39
to be accurate, they cut their customer *forecast* by a million.....nm - x Sep 15, 06:05 5
- if they cut their forecast a million, it likely already contained some assumption of enrollment loss due to price hikes, yes? or no? -- nm - TFox Sep 15, 06:21
- true, it's a 3rd quarter forecast so it's probably projecting out a month or so from now -- nm - stewie Sep 15, 06:08 3
  - I'm sure the loss of Starz will hurt them temporarily as people want to see what content they'll get to replace that -- nm - oblique Sep 15, 06:22 2
    - Though I imagine they are still trying to work out a deal. -- nm - Don Homer Sep 15, 06:24 1
      - the starz deal with blockbuster/dish likely means that will not happen....nm - x Sep 15, 06:32
AND - I just dropped on the 12th - no way they counted me in that - so there numbers are only going to get bigger -- nm - Epiphany Sep 15, 06:03
that is a lot of customers but not a huge percentage. so someone do the math - lets say half the people left agreed to the price increase? - Epiphany Sep 15, 06:03 4
- I disagree -- I think any slide backwards is significant. -- nm - amanda jones Sep 15, 06:04 3
  - I hope its significant to them. If they were smart -they put out a price program to woo people back. - Epiphany Sep 15, 06:06 2
    - they're not raising prices to be greedy, as content providers continue to overvalue their streaming assets Netflix doesn't have much choice - stewie Sep 15, 06:14 1
      - " greedy" is debateable - they could have cut expenses else where? they could offer new products and bring in more business - they could have made - Epiphany Sep 15, 06:32
Does that include people who dropped streaming or disc but stayed on, or the total who left completely? -- nm - Don Homer Sep 15, 06:02 2
- it's total subscribers, so it would not count people that changed plans -- nm - stewie Sep 15, 06:03
- and does that count people who are still active but going inactive? (my subscription expires 9/29.) -- nm - amanda jones Sep 15, 06:03

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