Tuesday, September 27, 2011

The Death of Netflix as We Know It

Good god it's been forever since I've written a post! What a failure.... But I do have an excuse! I was in a car accident (not my fault) on the 15th, and I've been dealing with insurance issues and car repairs. I think there should be an inconvenience compensation along with all of the damages. I have other things to do! Like write blog posts!!


Today, I think I'm going to rant about Netflix. A few short months ago I was raving about what a great company Netflix was, but oh how the tides have turned. If you haven't heard already, Netflix raised their rates an incredible amount all at once. Mine went from $15 to $20, I think. That's a 33% increase!! OUTRAGEOUS. And on top of this disgusting betrayal, the CEO announced that Netflix would soon be splitting into two separate companies - Quickster, which will continue mailing DVDs along with the addition of video games, and Netflix, which will become online streaming only. WHAT. THE. HECK. So now I'll have to keep my movie lists up to date on two separate sites!

I don't think that's going to happen. And millions of other customers have agreed. Netflix's stock prices plummeted in the past few weeks as many customers reduced or cancelled their subscriptions. I've already reduced mine, and will most likely cancel one service (or both) fairly soon. This is so disheartening. Since I'm a totally TV/movie junkie, I really need my flix! The only way Netflix can recover from this is if they manage to stream EVERYTHING - not just the old movies from 1946 and the ones that flopped a decade ago. Either that or take back everything they're attempting to do - price-hikes, company-splitting, and game-adding.


Do it.





Do it.

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