netflix fallout

[Sgt Beavis]

Today Netflix announced that it will split itself in two. It will create a new company (or division?) named Quikster for the DVD rental business. The streaming business will continue to be Netflix.

WTF? Is this company intent on killing itself?

http://blog.netflix.com/2011/09/explanation-and-some-reflections.html?lnktrk=EMP&g=F011E63486F449E42A17B06F56589D860AC0315E&lkid=netflixBlog

[grove rat]

i can't believe how many people are bitching about the amount/quality of streaming content... it's only 8 fucking dollars!

i had to stay at a friends house for a few days cause he was really sick and had nobody to look after him. since i was off for a week i just crashed on the couch and watched netflix the entire time, never getting bored with the selection. hell to be honest i would pay up to $25 for the selections they have now without a second thought

for a bunch of ballers you motherfuckers sure are sounding cheap! lol

[JMAC]

We kept the streaming. We never watched the rentals anyway.

[Sgt Beavis]

i think even if they lost 30% of their customers, i think they would make more money with less people bombarding their streaming servers.

That statement makes on sense.

Netflix has publicly stated that they WANT customers using their streaming service instead of renting DVDs. Shipping is their single biggest expense. The problem is that they have failed to expand their streaming library by any real significance and they have also slipped in not expanding their streaming ability fast enough.

[momo]

I would think it would drop again once they release the real numbers next quarter. I'm sure they "estimated" low. But then again, I'm no Warren Buffet.

i think even if they lost 30% of their customers, i think they would make more money with less people bombarding their streaming servers.

[Geor!]

more importantly, is the stock a good buy at 50% of it's high 2 months ago?

I would think it would drop again once they release the real numbers next quarter. I'm sure they "estimated" low. But then again, I'm no Warren Buffet.

[Broncojohnny]

My wife and I talked about it and I think we are cancelling.

[Captain Crawfish]

more importantly, is the stock a good buy at 50% of it's high 2 months ago?

pull the buy trigger IMO!

[momo]

more importantly, is the stock a good buy at 50% of it's high 2 months ago?

[Sean88gt]

The quality/quantity they have streaming sucks. I have the online streaming but it there isn't much current.

[ARIX]

Ha mother fucking ha, that's what they get. I cancelled my service with them last month when they increased the price. They never really have anything on there anyways.

I agree, it was good at the lower rate, but their lack of major titles blows. I canceled as well.

[Ratt]

I cancelled streaming and went from 1 disc to 2. I'd gladly pay $20 bucks a month for streaming only if their selection was ALOT bigger. And what I mean by a lot is their entire collection.

[jefehbk]

right, same here. Their streaming service really needs some help. Judging by how they are juggling their content, they have some server limitations. And for some reason, I haven't noticed a marked improvement at all in the last 3 years or so.

I was ready to jump ship to Hulu Plus, but after subscribing it turned out to be a pretty pointless service, cancelled after the first month.

i like hulu plus for some of the TV shows, but their movie selection sucks major monkey nuts....I do not for the life of me know where they get their movies from. so a buddy and i collaborated....he signed up for netflix streaming $8 month and i got the Hulu Plus for $8 a month and we just traded sign on/password info. so its like getting both for just $8 a month.

[GrayStangGT]

If I could get everything I wanted through streaming I would be willing to $20-$30 a month for that, but until then I'm out.

[joes01bullitt]

i just wish they would expand their streaming collection.

this!