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For when your thoughts are drifting to things not so movie, or if you're feeling trivially inclined.
591

Netfl*x is going to charge an extra buck for blu-ray
Topic by: Cinenaut
Posted: October 10, 2008 - 4:53 PM PDT
Last Reply: October 22, 2008 - 9:06 AM PDT

author topic: Netfl*x is going to charge an extra buck for blu-ray
Cinenaut
post #1  on October 10, 2008 - 4:53 PM PDT  
Wow, Netfl*x is going to charge customers an extra buck a month for blu-ray. If a person doesn't rent blu-ray, she has to elect to have the extra charge removed. What a sneaky way to jack up prices.

underdog
post #2  on October 10, 2008 - 5:21 PM PDT  
I think you meant to use the thumb's up icon for this one. Since GreenCine will NOT be raising prices for Blu-ray rentals. Tell your friends.
underdog
post #3  on October 10, 2008 - 5:21 PM PDT  
I forgot to add a " ;-) " face to that post. And this my sneaky way to kick this thread higher.
KKelleman
post #4  on October 10, 2008 - 7:45 PM PDT  
Why does Netflix (sorry!.lol) even offer Blu-ray?
From what I hear they suck at Blu-ray availability-For sush a BIG company.And now more money?
Sounds a lot like the Cable industry.
Oh,well whatever.I'll never use them anyway. ;)
Cinenaut
post #5  on October 10, 2008 - 9:19 PM PDT  
Haha! You're right, it should have been a thumbs-up. WTG, Netfl*x!

> On October 10, 2008 - 5:21 PM PDT underdog wrote:
> ---------------------------------
> I think you meant to use the thumb's up icon for this one. Since GreenCine will NOT be raising prices for Blu-ray rentals. Tell your friends.
> ---------------------------------

Vanamonde
post #6  on October 11, 2008 - 11:49 AM PDT  
Hey, you hear REALLY serious? Whataburger just jacked up the price of a doublemeat, doublecheese combo AGAIN! My breakfest is now over $7!!!! That's a fricking dollar just for the cheese!
underdog
post #7  on October 11, 2008 - 12:17 PM PDT  
> On October 11, 2008 - 11:49 AM PDT Vanamonde wrote:
> ---------------------------------
> Hey, you hear REALLY serious? Whataburger just jacked up the price of a doublemeat, doublecheese combo AGAIN! My breakfest is now over $7!!!! That's a fricking dollar just for the cheese!
> ---------------------------------

Um, this is kinda off subject but... that's your breakfast? None of my business of course but wouldn't cereal or a bagel be cheaper anyway? ;-) Anyway... Whatagyp sounds like a better name.
Cinenaut
post #8  on October 11, 2008 - 9:15 PM PDT  
But seriously, look at the insidious beauty of this plan:

1) A lot of existing customers who don't have blu-ray won't even notice the increase and won't bother turning off this option.
2) A lot of new customers who don't have blu-ray won't realize they can save a buck by turning off that option.
3) Netfl*x can still advertise the lower blu-ray-free prices, without the extra dollar, saying things like "Starting at..." or "As low as..."

KKelleman
post #9  on October 21, 2008 - 3:41 PM PDT  
> On October 11, 2008 - 9:15 PM PDT Cinenaut wrote:
> ---------------------------------
> But seriously, look at the insidious beauty of this plan:
>
> 1) A lot of existing customers who don't have blu-ray won't even notice the increase and won't bother turning off this option.
> 2) A lot of new customers who don't have blu-ray won't realize they can save a buck by turning off that option.
> 3) Netfl*x can still advertise the lower blu-ray-free prices, without the extra dollar, saying things like "Starting at..." or "As low as..."
>
>
> ---------------------------------
its working....
" Despite tough economic times, Netflix Inc. turned in a solid performance in the third quarter.

For the quarter ended Sept. 30, Netflix grew GAAP net income year over year by 30.8% while revenue increased by 16.1%. Overall Netflix, No. 17 in the Internet Retailer Top 500 Guide, posted GAAP net income of $20.4 million on revenue of $341.3 million, compared with GAAP net income of $15.6 million on revenue of $294 million in the third quarter of 2007.

"In the third quarter we delivered strong earnings growth despite a challenging economic environment that contributed to slower-than-expected subscriber growth," says Netflix CEO Reed Hastings. "Additionally, we made important progress in our expansion into Internet delivery with significant new content and hardware partnerships announced this past quarter."

For the first three quarters of the year, Netflix generated GAAP net income of $60.2 million on revenue of about $1 billion vs. GAAP net income of $50.9 million on revenue of $902.9 million in the prior year.

In the third quarter Netflix spent $49.2 million, or 14% of revenue, on marketing, compared with $23.4 million, or 7%, on technology and development and $11.7 million, or 3%, on general and administrative expenses.

Netflix finished the current quarter with about 8.7 million subscribers. For the fourth quarter Netflix says GAAP net income will range from $18 million to $23 million, while revenue will total $351 million to $357 million. Earlier, Netflix expected a range of $353 million to $359 million.

During the third quarter Netflix continued to develop its digital entertainment delivery business model. Netflix added another deal to the instant-watching content if offers, saying its subscribers would be able to stream to their computers some 2,500 movies, concerts and TV shows from the premium TV channel Starz Entertainment LLC.",

Cinenaut
post #10  on October 22, 2008 - 9:06 AM PDT  
I wonder if that's because people opted to stay home with their DVD players rather than go on expensive vacations this year?

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