One part in that I found was really interesting was:
"The video subscription service's latest blooper reel, released Monday, included an even larger customer exodus than the company had foreseen after announcing an unpopular price increase in July. What's worse, the report contained a forecast calling for more defections during the next few months.The backlash will deprive Netflix Inc. of some of the revenue that management had been counting on to finance the company's expansion plans while it pays higher fees for Internet video streaming rights. The result: Netflix expects to post losses next year when it starts selling its steaming service in Britain and Ireland. The company didn't offer further specifics besides saying it won't go into any other overseas markets until it's making money again."
The reason why this article really interested me is because it talks about how the company has filed a crisis, but what does this mean for consumers. A lot of people pay for their online streaming and DVD services, and if the company has had a major drop in their stocks and cash flow, should we see another rise in price. Even more, should we suspect another gimmick to get more money from its users. Its recent separation of online and DVD's was enough of a drop of services for more money, so what can we expect with this increased cash problem?
If Netflix does fail, it makes you wonder what company will be in its place to take over the need or consumers?
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