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Netflix's price-hike exodus: By the numbers

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.
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After Price Hike, Netflix Now Expects 4% Drop in Customers

Technology : ReadWriteWeb (3 years ago)

When Netflix announced that they'd be changing their subscription rates in July, the company expected some existing customers to be uneasy about it. What they probably didn't expect was the widespread outrage expressed by customers,... Read Post

Customer Backlash Forces Netflix to Drop 'Qwikster' DVD Plan

Technology : ReadWriteWeb (3 years ago)

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

Netflix's 'bonehead' price hike: Winners and losers

Technology : The Week: Technology (4 years ago)

On Tuesday, Netflix announced a sharp, unexpected price increase. A combo plan, which allows customers to receive one DVD at a time in the mail from a library of some 120,000 titles, and instant internet streaming of 20,000 movies a... Read Post

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