In my opinion, I do not watch T.V. that much. I don't have time or it just has pure trash on it! As far as Netflix goes, I don't know if Netflix will flourish again. Streaming is its best business but its losing its DVD customers. This has cost people jobs in closing of some of its shipping centers and with the price of postal services going up this will increase rates and potentially hurt their mail orders. Also studios have begun to increase prices for digital rentals to make digital sales more attrative, it almost seems like Netflix is fighting a losing battle.
Who are Netflix's emerging competitors? Amazon Prime Instant while a smaller competitor it gives customers the best service and best value for the money. It comes free with any Amazon Prime membership.
Hulu Plus carries current season episodes for 5 of the top 6 broadcast networks- ABC, NBC and FOX which has huge amounts of their content avaliable which is great for cord-cutters looking for next-day viewing of their favorite shows.
And then there is HBO GO which has the quality movies of the streaming video on demand (SVOD) services and is the clear leader by a wide margin in original programming.
How would I have handled public ire that resulted after raising prices by 60% in July 2011? Well as a customer I would drop them from a business stand-point not a good move probably would have tried to avoid it. There must have been a better solution. Consumers these days are fed up with high prices and I am one of them.
With the Share prices dropping, I'm not going to invest. I never really liked Netflix DVD mailing idea because I did subscribe and when I would return my videos in the mail I would get notifications that they did not receive some of them back and that became an aggervation because how easily DVD can be stolen by mailroom or delivers and then you look like you didn't return what you rented so it was a NO-GO for me. I think there is better competition fighting Netflix and it's only a matter of time before they start losing more profits especially if the streaming keeps edging out the DVD rentals.
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