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Old September 16 2011, 01:22 PM   #234
Snaploud
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Location: Massachusetts, USA
Re: Netflix shoots itself in the foot... aka no more free streaming

Ar-Pharazon wrote: View Post
New article on Yahoo.

The gist is, Netflix has lost 600,000 customers since June. Apparently far more than they had anticipated.
From the link:

Even with fewer subscribers, Netflix expects to bring in $10 million to $25 million more from its customers than during the July-September period than it did April-June.
24.6 million in June. That prediction was lowered Thursday to 24 million.
So, their subscriber base dropped by less than 2.5%, and their revenue increased by between $10 and $15 million. I've got to say: that really doesn't sound all that bad for such a major pricing change.
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