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Old July 13 2011, 04:05 PM   #80
Solstice
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Re: Netflix shoots itself in the foot... aka no more free streaming

Stone_Cold_Sisko wrote: View Post
wtf... my plan jumped up 6 bucks... WITH NO CHANCE IN VALUE/SERVICE. If they had, say, vastly increased the amount of "Watch Instantly" titles, or even dropped the Blu-Ray fee with this jump in plan prices, I could swallow it a lot easier. But wow.

I would be REALLY interested in getting a good look at their profit numbers under the old pricing system.
Netflix is a public company, such numbers are freely available if you bother to look.

Last year, they made profits of $320M on revenues of $1.2B--about a 15% margin, which is pretty respectable. By comparison, Comcast made $15B in profit on revenues of $40B, or about 38% margin.
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