Netflix Stock Performance

[Waitone]

http://mashable.com/2011/09/29/netflixs-very-bad-month/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Mashable+%28Mashable%29

I wonder how much time the CEO has left.

[TechMan]

This decision (good or bad) will be study in business schools for years to come.  I bet the CEO has a big golden parachute.

[Lee]

The CEO nailed it when he admitted that they simply got arrogant.  Damn straight they did....they used to be a great company.  Oh well, maybe they''ll return to being a small company that gives a crap about their customers. 

[GigaBuist]

We're leaving.  My wife has been a Netflix customer for something close to 10 years now, I love the idea, but we're leaving.

We're not pissed about service or pricing or anything.  It's just that all the changes made us question whether or not we really wanted to stick with them.  We tossed in Hulu+ recently for some streaming content and realized we don't use Netflix streaming anymore, and the DVD delivery service wasn't something we'd made good use of for years.

So, poof. 

We'll come right back if we miss it, but I don't see that happening.

[red headed stranger]

We're not pissed about service or pricing or anything.  It's just that all the changes made us question whether or not we really wanted to stick with them.  We tossed in Hulu+ recently for some streaming content and realized we don't use Netflix streaming anymore, and the DVD delivery service wasn't something we'd made good use of for years.

IMO, this reasoning is what caused a lot of people to cancel.  There are lots of folks out there who were just getting charged every month for the service and were fine just staying the course.  But, all of the Netflix changes people sit down and evaluate their entertainment budget. 

[HankB]

The plunge in stock was entirely forseeable . . .

I wonder how many people with tenuous (or plausibly deniable) connections to Netflix management made a killing by shorting the stock . . .

[mtnbkr]

I'm ambivalent about the change.  I'm only a streaming customer, so the change doesn't affect me, but I would like to see more titles available.  I especially hate how you can get the 2nd movie in a sequel series, but not the first.  If content improves, I'll stick with them, but if things don't change in the next month or so, I'll go away as well.  Most of my viewing is "I'm on the PC already, let's see what I can find to play in the upper right corner of my monitor while I do other things...", so I don't exactly need it.  That said, I have watched some gems that I might not have noticed otherwise (Ironclad being a recent example).

Chris

[Waitone]

Somewhere in the CEO's deliberations, content providers had to factor.  They see a good thang developing in competition to distribute content.  Content providers are weighing the trade-off of control over content (DVD) or expanded distribution (streaming).  It looks to me like Netflix became overly enamored with technology (streaming) and overlooked the present reality of content providers ultimately controlling channels of distribution.