Netflix stock dipped sharply on Thursday, after the video rental and streaming powerhouse announced that more customers than expected were jumping ship in the wake of a summertime hike in subscription fees. (A combo plan allowing customers to receive one DVD at a time via mail and have access to unlimited streaming of 20,000 movies and TV shows, for instance, jumped from $9.
Alert to subscribers: Netflix is making big changes to its pricing structure. The movie rental company is separating its DVD subscriptions from its streaming-content plans. Subscribers will have a few options, the company’s blog not... Read Post
When Netflix announced its plan last month to spin off its DVD rental business into a an entirely seperate subsidiary called Qwikster, customers were not pleased. The company's recent subscription price hike had already led irked cu... Read Post