[Freakazoid]

Originally Posted by Maestro

This seem to be the truth of what is happening, the content owners are asking for more money. The same thing is happening in the Cable and Satellite industry as well. It is now the content owners who are getting greedy again, they are complaining that pirating is cutting into their profit so they are making everyone else pay more.

sound business logic.
Let's charge people MORE, that'll definitely not defer people!

what saved the music industry was the reduction of prices for mp3s/music. $1 mp3 was something much better than a $20 cd with 10 songs of which 8 were crap.

[nusevad]

netflix thinks they got a grip on the market, which they technically do...but i think with the recent rise in rates and with this new BS they will lose a good amount of current subscribers...but i doubt it will negatively impact them as a whole.

That being said, i am canceling my subscription

[KingOfJericho]

As media companies make less and less money from advertisers, I'm not shocked at all that they are forced to replace that revenue stream with higher fees for streamed feeds. The service is awesome and the increase in price is 60% of what I will pay for a sandwich at lunch today and I bet everyone who claims they are dropping this service paid more in gas to get to work today than they would have to spend to keep the service. It's amazing that a forum of people driving mostly M3s, 335s, and 135s that cost $40-90k gets revved up over what amounts to a roughly $5 price increase.

[KingOfJericho]

It's also worth noting that the CEO of Netflix said in an interview probably 2 years ago that in his estimate, the physical DVD rental market would be dead in 5 years and that they have to adapt to that changing market. To see what happens when that isn't done, read up on the Blockbuster and Movie Gallery bankruptcies. They know the future is in streaming and they are already there which is why they will survive this change. The part that most people forget is that they also have to pay huge sums for the content they are streaming, for virtually nothing, into our homes. The old plan was EIGHT DOLLARS. I'm paying this increase with a smile on my face because to be quite frank, I have no idea how they were able to do it for so cheap for this long.

[Nutballa]

Originally Posted by KingOfJericho

It's also worth noting that the CEO of Netflix said in an interview probably 2 years ago that in his estimate, the physical DVD rental market would be dead in 5 years and that they have to adapt to that changing market. To see what happens when that isn't done, read up on the Blockbuster and Movie Gallery bankruptcies. They know the future is in streaming and they are already there which is why they will survive this change. The part that most people forget is that they also have to pay huge sums for the content they are streaming, for virtually nothing, into our homes. The old plan was EIGHT DOLLARS. I'm paying this increase with a smile on my face because to be quite frank, I have no idea how they were able to do it for so cheap for this long.

Yep. Physical movie rentals are dying. Digital streaming is the wave of the future. Change in what the market demands, which is fast, convenient (Redbox on the street corner) movies and shows delivered straight from home. . I saw a chart that said it's supposed to peak around 2013-14 or so. Also, Netflix and Redbox are pretty much the elites in the industry, so maybe they can charge what they want.

[scollins]

Originally Posted by KingOfJericho

It's also worth noting that the CEO of Netflix said in an interview probably 2 years ago that in his estimate, the physical DVD rental market would be dead in 5 years and that they have to adapt to that changing market. To see what happens when that isn't done, read up on the Blockbuster and Movie Gallery bankruptcies. They know the future is in streaming and they are already there which is why they will survive this change. The part that most people forget is that they also have to pay huge sums for the content they are streaming, for virtually nothing, into our homes. The old plan was EIGHT DOLLARS. I'm paying this increase with a smile on my face because to be quite frank, I have no idea how they were able to do it for so cheap for this long.

The price for the streaming plan didn't change. It was $8 and it still is $8. So how does that jive with the other Netflix apologists that the cost of acquiring streaming content is going up?

All that netflix did was jack the rate if you wanted both streaming AND DVD service. I figured they discounted that combo because you would choose the stream over the DVD when a stream was available.

Now that a Netflix exec has opened his yap, I don't think things will improve. He basically said "yeah, we expected some fallout, and these 30,000 negative comments on facebook don't matter, we have 23 million subscribers".

[Freakazoid]

Originally Posted by KingOfJericho

As media companies make less and less money from advertisers, I'm not shocked at all that they are forced to replace that revenue stream with higher fees for streamed feeds. The service is awesome and the increase in price is 60% of what I will pay for a sandwich at lunch today and I bet everyone who claims they are dropping this service paid more in gas to get to work today than they would have to spend to keep the service. It's amazing that a forum of people driving mostly M3s, 335s, and 135s that cost $40-90k gets revved up over what amounts to a roughly $5 price increase.

this, apparently noone quite realizes how good they had it.

Netflix admitted and wanted the dvd "add-on" to be a temporary transition. I guarantee you they were breaking even at BEST with that. They were trying to make people happy with this. They realize it's going nowhere and they need to turn a profit so they have to up the price.

I forget where I read or saw it, but people that are complaining about this few more dollars a month are also paying 100 a month for their cable subscription. doesn't make much sense to me...

[Kroy]

i currently have the stream only plan so doesn't affect me too much. am a bit peeved if i want to add a dvd to my plan it'll double my rate though. more likely to cancel netflix than before since i've been considering adding a dvd to my plan. stream content is lacking; speaking of which, i'd actually pay more if they offered a more comprehensive title list for streaming.

[Nutballa]

Thought this was funny

[Freakazoid]

Originally Posted by Kroy

i currently have the stream only plan so doesn't affect me too much. am a bit peeved if i want to add a dvd to my plan it'll double my rate though. more likely to cancel netflix than before since i've been considering adding a dvd to my plan. stream content is lacking; speaking of which, i'd actually pay more if they offered a more comprehensive title list for streaming.

I firmly hold that this rate hike is an effort to allocate money to increase the title list....

[HOG4DNR]

I never joined. Never really saw a need to.

[jpsum]

Originally Posted by HOG4DNR

I never joined. Never really saw a need to.

It's entertainment. Of course there's no "need" for it. Just like there is no "need" to buy a BMW convertible.

[solefald]

Originally Posted by Nutballa

The reason that Netflix pricing has gone up or there is a fluctuation is because the company has or is purchasing more rights to digital movie content from studios. Thus, adding more variety of movies and categories for subscribers. It costs a lot of money to get the rights to have popular movies. Studios and movie productions companies ( Universal studios, Paramount Pictures, Columbia Pictures, etc.) charge big bucks for rental and online movie companies the rights to have copies of their movies. Digital form is even more expensive since it's just a digital file and cheap to copy. Studios have to make up for that and charge a lot more. Therefore, Netflix has to charge more. I love Netflix and will continue to be a (Streaming Only) subscriber. BTW everyone should watch The Man from Nowhere!

Do you, by any chance, work for a cable company or a mobile carrier? This sounds like exactly like their bullshit logic for introducing tiered pricing.

[KingOfJericho]

Originally Posted by scollins

The price for the streaming plan didn't change. It was $8 and it still is $8. So how does that jive with the other Netflix apologists that the cost of acquiring streaming content is going up?

All that netflix did was jack the rate if you wanted both streaming AND DVD service. I figured they discounted that combo because you would choose the stream over the DVD when a stream was available.

Now that a Netflix exec has opened his yap, I don't think things will improve. He basically said "yeah, we expected some fallout, and these 30,000 negative comments on facebook don't matter, we have 23 million subscribers".

You've got it a little backwards. The price of streaming was free for existing customers with the lowest level pay plan (1 disc plan) which was $7.99. The only people who couldn't get it were those using free trial plans. The only real change here is that the streaming service is no longer free to existing DVD customers. It now costs $7.99 for unlimited access to the streaming service.

To summarize, the old price for the streaming service was $0, it is now $7.99 for unlimited access.

[Nutballa]

Originally Posted by solefald

Do you, by any chance, work for a cable company or a mobile carrier? This sounds like exactly like their bullshit logic for introducing tiered pricing.

No, I did a college business report over the video rental industry and Netflix.

[Kroy]

Originally Posted by KingOfJericho

You've got it a little backwards. The price of streaming was free for existing customers with the lowest level pay plan (1 disc plan) which was $7.99. The only people who couldn't get it were those using free trial plans. The only real change here is that the streaming service is no longer free to existing DVD customers. It now costs $7.99 for unlimited access to the streaming service.

To summarize, the old price for the streaming service was $0, it is now $7.99 for unlimited access.

when i subscribed to netflix it was 7.99 for stream only and iirc $2 more for 1 disc.

[KingOfJericho]

I had the lowest disc plan first and was paying either $7.99 or $8.99 when the streaming was announced. I actually had to get a Ruko player since that was the only device it was available on. At that time, and up until now, if you had ANY disc plan the streaming was completely free. I was unaware that there was even a streaming-only option as it was always secondary to the discs for me.

[jpsum]

I don't understand why people are bitching about it. It's not like there was a contract on the plan and they are changing the price in the middle of it.

Netflix is not monopolizing this industry. So if Netflix is truly over priced, free market will take its course.

[KingOfJericho]

$80,000 for an M3 is perfectly reasonable but $8 for unlimited streaming content beamed to your home in high definition is an outrage. You people crack me up.

[jpsum]

Originally Posted by KingOfJericho

$80,000 for an M3 is perfectly reasonable but $8 for unlimited streaming content beamed to your home in high definition is an outrage. You people crack me up.

because race car

[Red Bread]

Originally Posted by KingOfJericho

$80,000 for an M3 is perfectly reasonable but $8 for unlimited streaming content beamed to your home in high definition is an outrage. You people crack me up.

When a Netflix subscription can get me to work or vaporize a perfectly good Michelin PS2, I'll stop complaining about this.

If the 2012 M3 price goes up from $59k to $83k with the sole reason being that it now costs more to allow radio and phone signals to penetrate the car, then we'll be dealing with similar stupidity.

[KingOfJericho]

Stupidity is thinking that you're entitled to something. Stupidity is getting bent out of shape over $8. The service was previously FREE and now it is $8.