Netflix Changing Pricing Structure

[GhostPoet]

I still think Netflix is the best option...at least for Streaming that is.

 

[wiegeabo]

Netflix stock price has dropped 75% from it's July peak of $298/share.

 

[Prison Mike]

I still think Netflix is the best option...at least for Streaming that is.

Me too. Although Amazon is cheaper in the long run, they have a smaller catalog of movies and tv shows. So I think the wider selection of videos on Netflix makes up for the higher price. If Amazon Prime can keep its price and get a better selection than Netflix, then I'll think about switching over. MAYBE.

 

[Raiden]

I've cancelled my Netflix account recently. I did it partly due to the fallout of the whole Qwyster fiasco, but mainly due to their 50% price increase and I'm looking to save some money, particularly since my Sprint's monthly rate jumped $10 more after I switched to iPhone. I might reactivate it again in the future, but in the meantime I hope Netflix will be doing something to start winning back the costumers.

 

[wiegeabo]

So why an iPhone over something like a Droid?

I have an iPhone myself, so I'm just curious. I'm thinking about jumping over to Droid when it comes time, instead of the iPhone 5 or 6 (what ever is our when I finally decide to give up my 4).

 

[Raiden]

So why an iPhone over something like a Droid?

I have an iPhone myself, so I'm just curious. I'm thinking about jumping over to Droid when it comes time, instead of the iPhone 5 or 6 (what ever is our when I finally decide to give up my 4).

One of the biggest reason why I decided to get an iPhone 4S over other great Android phones like Samsung Galaxy S II, Nexus Prime, and Droid Bionics is because of the apps. Yes, I know Android has an app store as well, but after owning an Android phone for 2 years, I did find it a bit disappointing. Now I have iPhone and imo there's really no comparison. Of course, it's not the only reason why I chose iPhone, but it definitely helped me make my decision.

 

[chesslover]

Redbox is also raising DVD prices by $0.20

 

[Donut]

Some people just can not learn from other peoples mistakes

 

[Midnyte_Sun]

I like my droid but the software is extremely buggy ever since it upgraded. The software is just bad...When I go from viewing text messages or making a phone call back to the main screen by pressing the Home key, it lags and takes 20 seconds to load it. It never did this in the beginning, but only when the Android app automatically updated.

 

[wiegeabo]

Redbox is also raising DVD prices by $0.20

I'm betting they saw a sales spike with all of the Netflix defectors. And they're trying to capitalize on that.

 

[Donut]

I'm betting they saw a sales spike with all of the Netflix defectors. And they're trying to capitalize on that.

I don't see the common sense in trying to steal Netflix's customers by raising the price when those customers left Netflix for exactly that reason & when those customers find out that Red Box raised the price they will just not bother with Red Box

 

[wiegeabo]

When demand goes up, and supply stays the same, price has to rise.

Netflix essentailly doubled their price. Redbox is hoping that people will be willing to take a 20% increase (as opposed to the 100% increase). They might also be facing increased costs, which does make this the right time to pass those costs on.

The problem is, even if people are willing to take the price hike (it's really only 20 cents), people also like nice round numbers. It's much easier to slide that extra dollar bill in the slot and grab a movie than deal with an extra 20 cents. When the soda machine at work went from $1 to $1.05, it's sales plummeted.


We'll see if this sticks. If sales drop, they might do a 'holiday special' where it goes back to a dollar to try and get customers hooked on the again for when the price goes back up.

 

[chesslover]

Sometimes they offer you a second disc at half price.

 

[Destructus86]

So, Netflix made a deal with Disney/ABC for alot of their stuff. Good deal for them.

As for Hulu Plus...I like it, but the selection is pretty bad. Many of the big shows are only available on the computer, not on the TV oddly enough. Which is sort of a slap in the face to Hulu Plus users who prefer to use Hulu Plus through the 360. No idea why they would do something like that.

 

[wiegeabo]

Because studios and networks are still cowardly *******s that are trying to protect their tv views, despite consumer demand for offline viewing.

But it will happen eventually. companies go where the advertisers go, and advertisers go where the consumers go. And the consumers are going offline.

 

[Destructus86]

Sigh. I was afraid that was the answer. Studio dinosaurs holding back progress....

 

[wiegeabo]

Yeah. They don't seem to understand that, while millions might start watching their stuff online, tens of millions will continue to watch tv because the US broadband network isn't up to snuff everywhere yet. So they've still got plenty of time to fully convert.

Besides, if they want to cut into piracy, instead of wasting millions on lawyers to go after pirates, they could make money by supplying the pirate market with what it wants: the ability to watch shows when ever and where ever they want. I know my own downloading has virtually stopped now that the networks are getting better at putting their stuff online.

ABC, NBC, and CBS have stuff on their site the next day.

CW takes 3 days.

Fox takes 8 days (bastards)

 

[MadVillainy]

Yeah. They don't seem to understand that, while millions might start watching their stuff online, tens of millions will continue to watch tv because the US broadband network isn't up to snuff everywhere yet. So they've still got plenty of time to fully convert.

Besides, if they want to cut into piracy, instead of wasting millions on lawyers to go after pirates, they could make money by supplying the pirate market with what it wants: the ability to watch shows when ever and where ever they want. I know my own downloading has virtually stopped now that the networks are getting better at putting their stuff online.

ABC, NBC, and CBS have stuff on their site the next day.

CW takes 3 days.

Fox takes 8 days (bastards)

Fully agree with bolded

 

[wiegeabo]

They should take a lesson from Dave Matthews Band.

Back in the day, bootlegs from their live shows were rampant in the pirate market. And the band wasn't seeing a dime.

So they started recording their live shows and selling the albums. The pirate market all but dried up and they made a lot of money.


It's a simple philosophy. Don't like the fact that you're not making money off a market? Then start making money of the market.

 

[Donut]

So, Netflix made a deal with Disney/ABC

Amazon announced a deal with ABC Studios, The Disney Channel, ABC Family, and Marvel

 

[Destructus86]

Yeah. They don't seem to understand that, while millions might start watching their stuff online, tens of millions will continue to watch tv because the US broadband network isn't up to snuff everywhere yet. So they've still got plenty of time to fully convert.

Besides, if they want to cut into piracy, instead of wasting millions on lawyers to go after pirates, they could make money by supplying the pirate market with what it wants: the ability to watch shows when ever and where ever they want. I know my own downloading has virtually stopped now that the networks are getting better at putting their stuff online.

ABC, NBC, and CBS have stuff on their site the next day.

CW takes 3 days.

Fox takes 8 days (bastards)

you know...I actually related to this a couple days ago. I wanted to start watching Point of Interest...but the Pilot isn't available online. so, now i've been looking at...er....other means of finding it.

 

[wiegeabo]

I forgot to mention that USA has a 30 day wait.

THIRTY ****ing days!!!!

Suffice it to say, I don't wait that long


Also, TNT was really good having stuff up quickly. I never paid attention to exactly how long it was, but it never seemed to be more than a day or two.

 

[Blitzkrieg Bop]

Did anyone else get this e-mail?

If You Rented Online DVDs from Netflix
A Class Action and a Settlement with Wal-Mart May Affect Your Rights​

Para una notificación en Español, llamar 1-877-389-4469 o visitar www.OnlineDVDclass.com

Records show that you paid a subscription fee to rent DVDs online from Netflix anytime from May 19, 2005 to September 2, 2011. We are emailing to tell you about a Settlement and lawsuit that may affect your legal rights. You may be eligible to receive a cash payment or gift card from the Settlement. Please read this email carefully. Go to www.OnlineDVDclass.com for more information.

There is a lawsuit against Wal-Mart Stores Inc. and Walmart.com USA LLC (together called “Wal-Mart”) and Netflix, Inc. (“Netflix”) involving the price of online DVD rentals. The Class Action seeks money for current and former Netflix subscribers. A Settlement has been reached with Wal-Mart. Netflix and Wal-Mart believe that the lawsuit has no basis. Netflix has not settled the lawsuit and the litigation continues against it.

What is the lawsuit about?

The lawsuit claims that Wal-Mart and Netflix reached an unlawful agreement under which Wal-Mart would withdraw from the online DVD rental market and Netflix would not sell new DVDs. Wal-Mart and Netflix deny that they entered into such an agreement or that they have done anything wrong, that the Plaintiffs have been harmed in any way, or that the price of online DVD rentals was raised or inflated by any agreement between Wal-Mart and Netflix. The Court has not decided who is right.

The Litigation Class Against Netflix

Who’s included in the Netflix Litigation Class? Any person or entity in the United States that paid a subscription fee to Netflix anytime from May 19, 2005 to September 30, 2010.

What are my rights in the Netflix Litigation Class?

Remain in the Litigation: If you wish to remain in the Litigation, you do not need to take any action at this time.

Get out of the Litigation: If you wish to keep your individual right to sue Netflix about these claims you must exclude yourself. To ask to be excluded, send a letter to the address below, postmarked by February 14, 2012, that says you want to be excluded from In re: Online DVD Rental Antitrust Litigation, MDL No. 2029. Include your name, address, and telephone number.

The Wal-Mart Settlement Class

Who’s included in the Wal-Mart Settlement Class? Any person or entity living in the United States or Puerto Rico that paid a subscription fee to rent DVDs online from Netflix anytime from May 19, 2005 to and including September 2, 2011.

What does the Settlement provide? Wal-Mart will pay $27,250,000, in cash and gift cards, to settle the lawsuit. If you qualify, you can get a cash payment or a gift card that can be used at www.walmart.com. The actual amount paid in cash and in gift cards depends on the total number of valid claims filed.

Class Counsel will ask the Court to award the following: (1) attorneys’ fees up to 25% of the Settlement Fund, plus costs that Class Counsel estimate at up to $1.7 million, (2) administration and notice costs, and (3) $5,000 for each of the Class Representatives (up to $80,000 total which could include the class representatives from cases filed in California state courts). After these fees and costs are deducted from the Settlement Fund, the remaining amount will be equally divided amongst the Wal-Mart Settlement Class Members who file valid claims.

How to get Settlement benefits? You must submit a Claim Form to get benefits. You can submit a Claim Form online (for gift cards only) or by mail. The deadline to submit a Claim Form is February 14, 2012. Click here to get a Claim Form or call 1-877-389-4469.

What are my rights in the Wal-Mart Settlement Class?

Remain in the Settlement: If you wish to remain in the Wal-Mart Settlement Class and get benefits, you need to file a claim.

Get out of the Settlement: If you wish to keep your right to individually sue Wal-Mart about the claims in this case you must exclude yourself by February 14, 2012 from both the Wal-Mart Settlement Class and the Netflix Litigation Class. See the instruction on how to “Get out of the Litigation” above.

Remain in the Wal-Mart Settlement Class and Object: If you stay in the Wal-Mart Settlement Class you can object to it by February 14, 2012.

The detailed notice, available at www.OnlineDVDclass.com or by calling 1-877-389-4469, explains how to exclude yourself or object.

The Court will hold a hearing on March 14, 2012 to consider whether to approve the Settlement, and a request for attorneys’ fees, costs, and expenses. If you wish, you or your own attorney may ask to appear and speak at the hearing at your own cost.
For More Information: 1-877-389-4469 www.OnlineDVDclass.com
Netflix Lawsuit, PO Box 2602, Faribault, MN 55021-9602

 

[Darthphere]

Yeah I got it. I don't see the point really. They're alleging something they have no proof in.

 

[Prison Mike]

I don't have the DVD subscription so I didn't get that. I just have the streaming subscription.