Just read a piece in WSJ. Netflix made a decision that was right up there with the Coca-Cola fiasco and now they are paying the price.
Quote from: Tom Gallagher on October 26, 2011, 10:21:24 AMJust read a piece in WSJ. Netflix made a decision that was right up there with the Coca-Cola fiasco and now they are paying the price.But I liked "New Coke"...
http://finance.yahoo.com/news/How-Netflix-Lost-800000-nytimes-2771345185.html?x=0At this rate, maybe it will lead to a price decrease?
Quote from: Arnie on October 26, 2011, 09:29:25 AMhttp://finance.yahoo.com/news/How-Netflix-Lost-800000-nytimes-2771345185.html?x=0At this rate, maybe it will lead to a price decrease?Part of the problem was a lot of people don't want to watch an entire film on a PC and aren't set up to stream to their television sets. The other part of the problem is that people who want to watch the latest releases or even classic catalog releases are going to have difficulty finding something to watch in Netflix's streaming catalog. They should have found a way to allow people to stream and get DVDs without having to pay twice the price.
Quote from: Arnie on October 26, 2011, 11:13:40 AMQuote from: Tom Gallagher on October 26, 2011, 10:21:24 AMJust read a piece in WSJ. Netflix made a decision that was right up there with the Coca-Cola fiasco and now they are paying the price.But I liked "New Coke"...Oh your the one.
Quote from: Razor X on October 26, 2011, 03:56:56 PMQuote from: Arnie on October 26, 2011, 09:29:25 AMhttp://finance.yahoo.com/news/How-Netflix-Lost-800000-nytimes-2771345185.html?x=0At this rate, maybe it will lead to a price decrease?Part of the problem was a lot of people don't want to watch an entire film on a PC and aren't set up to stream to their television sets. The other part of the problem is that people who want to watch the latest releases or even classic catalog releases are going to have difficulty finding something to watch in Netflix's streaming catalog. They should have found a way to allow people to stream and get DVDs without having to pay twice the price.
The bad part is that Netflix is still a really good value. This will all go down in the business textbooks as an example of another epic PR bungle.
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