In 2011, over a million American households switched from cable/satellite to a streaming or DVD delivery service like Netflix. What about you?
It’s been a pretty bad 12 months for Netflix. Ever since the video juggernaut’s hefty price increase last year, they’ve been trying to make a comeback. First, the movie rental company split its streaming and DVD services entirely, and then they stitched them back together and promised no more price increases for the foreseeable future. Along the way, Netflix CEO Reed Hastings announced that the company would enter the video game rental market with Qwikster, but quickly backed away from video games altogether in January.
Customers haven’t been kind to Netflix since the price hike, and neither have investors. So, it must have come as a relief yesterday to learn ...Read more at Techcitement.
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