Re:Netflix loses 800,000 subscribers (stock drops 28%)
by wiredfool on Monday October 24, 2011 @07:09PM
(#3152032)
I'm one of the 800k.
Essentially, I figured out that it was costing me $16/movie I watched, and that was before the price hike. So I cut it out, and given that I was watching on average, a movie every 2 months, I haven't noticed the difference. (and what's more, that's an average, and there was much more activity in a couple of bursts early one.)
Their big error for me was reminding me of the relationship between the monthly billing and how much I got out of it.
FWIW, this is the second time I've cancelled netflix. They'll probably get a third chance, if I ever feel like watching movies again.
Essentially, I figured out that it was costing me $16/movie I watched, and that was before the price hike. So I cut it out, and given that I was watching on average, a movie every 2 months, I haven't noticed the difference. (and what's more, that's an average, and there was much more activity in a couple of bursts early one.)
Their big error for me was reminding me of the relationship between the monthly billing and how much I got out of it.
FWIW, this is the second time I've cancelled netflix. They'll probably get a third chance, if I ever feel like watching movies again.