I have been with Netflix for so long i can't remember. I first started off with the DVD then they started streaming ( that's how long I have been with Netflix ) for 4 years I did not use the DVD portion of the service so I dropped the DVD part and kept the streaming. I was just notified about the increase so i decided to cancel my service. I did not watch a lot of the original programming that was produced. Anyone who was grandfathered should not have their price increased. I used HULU most of the time so paying more for a service I used on occasions does not sit well with me.
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Netflix Faces 'Unexpected' Loss of Subscribers Due to Monthly Price Increase
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Many people have Amazon Prime so they consider it free and many people get Hulu because it carries new shows.
I myself get Crunchyroll and Funimation which, for my interest, kill Netflix on selection and price (when you pay by the year).
johnnyturbouk
macrumors 68000
I've recently just ended a 3yr subscription with netflix as i have got amazon prime, and their choice is not bad, i also have plex with is fantastic. I could imagine going back if they offered a wider selection. I currently pay almost £60 for sky that i seldom watch, thus netflix is actually very good value.
I loathe nearly all subscription models (especially with software), but Netflix is the one which I don't mind much since I feel that it results in a good deal, especially for those in my family who find a show they like and watch all of the available episodes.
Netflix was upfront about the price increase, so it really isn't a huge surprise.
But if one doesn't feel that they are getting their money's worth, one can easily drop the service, instead of being locked into long-term contracts (cable TV, phone, rent, etc.).
Netflix was upfront about the price increase, so it really isn't a huge surprise.
But if one doesn't feel that they are getting their money's worth, one can easily drop the service, instead of being locked into long-term contracts (cable TV, phone, rent, etc.).
I believe they added value with their original programming. They have 2 of the best shows on tv and its a streaming service.
I can't say that I'm surprised by this, as no one should be (and based on comments on this board, no one is). If you raise the price without adding any value, you're going to lose customers. Amazon Prime is about the same price; the only problem with that is that it sucks. Not much competition to Netflix IMO. I guess Hulu offers some competition to Netflix, but I've never used it so I don't know for sure. For now, I'll stick with Netflix. Even with the price increase, it's still worth it to me.
What? X-files and many more shows are not there in the catalog. Case in point why users in other countries close their accounts now when VPN is hunted down.
A popular streaming service that is used in many of Apple's devices? Perhaps even an area that Apple has been or might be considering getting into in one way or another.
Once again region specific. Another stupid move going international. In the US we get X-Files but other countries don't but they get Doctor Who which is only available exclude on Amazon in the US. So glad Hulu decided to stay US only for this reason. Originals and going International is the real reason why rates go up all over.
I agree. All resolutions should be offered across the entire plans, which currently consists of $8 1 SD screen, $10 2 HD screens, and $12 4 UHD screens.
Price increase + VPN crackdown = bleeding
The who and why matters little to people that had and now have not.
The who and why matters little to people that had and now have not.
I agree. Even Ipv6 He.net is a VPN according to Netflix so if you have a IPv6 device that you can't turn off then you either have IPv6 and no Netflix or Ipv4 with Netflix.
I'm the opposite. I get the Netflix DVD portion to watch the newer movies and some older series I liked.
Different countries have different prices / media that is available.
The assumption is so wrong. People leaving because they are pissed of stories where Netflix put in a VPN blocker or don't show house of cards in the middle east because they sold the rights to a local TV station. Enough is enough
Earlier this year, Netflix reminded its oldest users that the terms of its grandfathered pricing -- which kept these subscribers at the $7.99 level for two years -- would be coming to a close sometime in the second or third quarter of 2016.
In a recent letter to the company's investors, CEO Reed Hastings remarked on the unfortunate churn of its subscriber base who reacted "unexpectedly" to the impending price increase.
The loss of grandfathered pricing places these older users at a new $9.99/month charge for the company's popular streaming service, which Netflix sees as an agreeable compensation for its noticeable uptick in consistent, original programs like Orange is the New Black and House of Cards. These shows debuted in 2013, and the $9.99/month price for new subscribers began just the next year, in 2014. Users can choose to stay at $7.99/month if they wish, at the loss of HD video streaming.
Due to these abandoned users, the company's stock fell 15 percent before its second quarter earnings report, shared yesterday. In the report, Netflix noted that it expected to add about 532,000 subscribers in the United States and 2.10 million internationally in Q2 2016 (just under a 2.5 million goal), but came up short on both goals. The company ultimately netted 160,000 new customers in the U.S. and 1.52 million overseas, landing under 1.7 million total in the quarter.
As the price hike began to near in the spring, Hastings admitted that users googling and researching the increase in their subscription cost appears to be consistent with the churn the company has seen this quarter. Despite Netflix's increase in programming, "Whatever the price is for something, people don't like for it to go up," Hastings admitted, while still claiming that the new price tiers are "working great" for new members.
Article Link: Netflix Faces 'Unexpected' Loss of Subscribers Due to Monthly Price Increase
Is there data showing that that is the main contributor to it all?
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Kind of like charging more for a larger jug of milk compared to a smaller one?
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Based on what is mentioned in the article, specifically the part that mentions that "Gross additions were on target, but churn ticked up slightly and unexpectedly, coincident with the press coverage in early April of our plan to un-grandfather longer tenured members and remained elevated through the quarter" it seems that the issue was more people leaving, and not that the amount of new subscribers (which was on target it seems) was not as big as predicted.
Tried this. It doesn't work (for me). You get the credits back full size but only after missing most of them and then it shrinks again so they cannot be read if you wind back. It's ridiculous. An option would have been so easy to add. I tried emailing, contacting them via Twitter and even calling. They didn't bother responding to any, so I gave up and left.
I use Netflix, Amazon, and Hulu solely. (I don't watch sports, so I don't need ANY cable service)
Each has its strengths and different shows, but I find Neflix to be the more balanced of the 3. Amazon is close second, simply because it comes bundled in Prime. I could not care less about reality shows and sitcoms, which is what Hulu excels at. I have it simply for the CW DC shows (Arrow, Flash) and Lucifer.
Netflix at $10 is still a steal, if you like what they carry.
I am typically on a year-behind cycle with current shows, but that doesn't bother me much because there are so many good shows out there and I'm a serial binge watcher. Most Netflix original shows are truly excellent as well (Daredevil, Jessica Jones, House of Cards, Orange is the New Black, etc.) and the stuff they keep adding keeps me out of the show-hole (Penny Dreadful is FANTASTIC).
Another Netflix strength is that they pick up popular yet cancelled shows like Star Wars the Clone Wars, the Killing (I believe), and others.
So the combination of those 3 services, each under $10 a month, has got all the down-time I have pretty much covered.
Each has its strengths and different shows, but I find Neflix to be the more balanced of the 3. Amazon is close second, simply because it comes bundled in Prime. I could not care less about reality shows and sitcoms, which is what Hulu excels at. I have it simply for the CW DC shows (Arrow, Flash) and Lucifer.
Netflix at $10 is still a steal, if you like what they carry.
I am typically on a year-behind cycle with current shows, but that doesn't bother me much because there are so many good shows out there and I'm a serial binge watcher. Most Netflix original shows are truly excellent as well (Daredevil, Jessica Jones, House of Cards, Orange is the New Black, etc.) and the stuff they keep adding keeps me out of the show-hole (Penny Dreadful is FANTASTIC).
Another Netflix strength is that they pick up popular yet cancelled shows like Star Wars the Clone Wars, the Killing (I believe), and others.
So the combination of those 3 services, each under $10 a month, has got all the down-time I have pretty much covered.