Big Movie-rental service says it laments customer backlash to upcoming 60 percent price increase, but says it could help company generate $1 billion in quarterly revenue for first time.
(Posted in Media Maverick by Greg Sandoval)
• Netflix revenue up but misses analyst expectations July 25, 2011 2:53 PM PT
Big Champagne CEO argues that Netflix's price increase is reminiscent of when Apple CEO Steve Jobs removed the 3.5-inch floppy drive from the iMac.
(Posted in Media Maverick by Greg Sandoval)
July 18, 2011 9:18 AM PT
As customers cast about for answers to why Netflix unexpectedly raised prices by 60 percent, some observers speculate that Hollywood is in some way forcing its hand. (Posted in Media Maverick by Greg Sandoval)
July 18, 2011 4:00 AM PT
Video-rental service doesn't appear ready to give any ground on new price hikes and competitors are now trying to benefit from controversy surrounding Netflix.
(Posted in Media Maverick by Greg Sandoval)
July 14, 2011 2:48 PM PT
Netflix's new pricing plan is problematic to some, but there are other issues with Netflix, too. Fix these, and maybe we'd pay more money.
• Hands-on with Netflix on the Nintendo 3DS (Posted in Crave by Scott Stein)
July 14, 2011 12:14 PM PT
Customer service reps are telling callers that a day before unveiling a price hike, managers told them to expect some angry calls. A Wall Street analyst has accused Netflix of being unprepared for backlash.
(Posted in Media Maverick by Greg Sandoval)
July 13, 2011 7:04 PM PT
We predicted that Netflix's lackluster streaming library would get the company into trouble. But now that managers made it more expensive to rent DVDs, the problem is exacerbated.
(Posted in Media Maverick by Greg Sandoval)
July 13, 2011 5:14 AM PT
Following news that it's raising prices, the company's Facebook page has gotten some 10,000 comments and counting today as a "Dear Netflix" meme emerges on Twitter.
(Posted in Digital Media by Eric Mack)
July 12, 2011 5:53 PM PT
The company is now charging $7.99 per month for one DVD out at a time, with no streaming, while increasing the price of its basic DVD-and-streaming plan by nearly 60 percent.
(Posted in The Digital Home by Don Reisinger)
July 12, 2011 8:58 AM PT
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