Netflix pwned, "strategy" backfires

[Particle Man]

Originally Posted by HurricaneHeather

One of the movies I've watched on Instant before is now DVD only. Not happy.

Netfux is all sorts of full of fail now

[Tmall]

At first they were all, "We're gonna do this, and then this and then this. And you're going to like and pay for it!"

Then they were like, "Whoops, we didn't realize how quickly people would drop our second rate luxury service since they already have a means to watch whatever the hell they want without paying a cent for it"..

[Particle Man]

Originally Posted by Tmall

At first they were all, "We're gonna do this, and then this and then this. And you're going to like and pay for it!"

Then they were like, "Whoops, we didn't realize how quickly people would drop our second rate luxury service since they already have a means to watch whatever the hell they want without paying a cent for it"..

And then we're all like "Too late, effers!"

[anthonyk]

Originally Posted by HurricaneHeather

One of the movies I've watched on Instant before is now DVD only. Not happy.

They've been doing that for a while, but I'm guessing it's gonna get more widespread as licenses run out.

[Tmall]

what pissed me off most was that deadman on campus would only play in french!

[Particle Man]

http://finance.yahoo.com/news/Netfli...18757.html?x=0

The downward spiral continues.

[Amber Lamps]

Originally Posted by Particle Man

http://finance.yahoo.com/news/Netfli...18757.html?x=0

The downward spiral continues.

Ahhh who really cares? I gave up on the disks through the mail thing a long time ago... I use Netflix and VuDu for movies AND I actually just got Blockbuster for free from Dish so... The thing with BB is that you can get movies through the mail and take them to the store and exchange them so it cuts down on the lag time. With NF's 1 at a time, you're lucky to score 3 movies a week. This way, I can get up to 4 or even 5 if I feel like driving.

[Particle Man]

Originally Posted by Amber Lamps

Ahhh who really cares? I gave up on the disks through the mail thing a long time ago... I use Netflix and VuDu for movies AND I actually just got Blockbuster for free from Dish so... The thing with BB is that you can get movies through the mail and take them to the store and exchange them so it cuts down on the lag time. With NF's 1 at a time, you're lucky to score 3 movies a week. This way, I can get up to 4 or even 5 if I feel like driving.

At this point, it has nothing to do with DVD's versus streaming, etc. Now it's just an interesting case study in how a company can get too large for its britches. Often times, the folks in the C-Suite forget that there are these people out in the world called "customers" who still can make or break a business even after almost a decade of success.

Those customers have even more sway when there are other choices out there (again, something too easily forgotten). This is just an example of how razor thin the border is between gaining and losing market share.

[Adeptus_Minor]

Originally Posted by Particle Man

Now it's just an interesting case study in how a company can get too large for its britches. Often times, the folks in the C-Suite forget that there are these people out in the world called "customers" who still can make or break a business even after almost a decade of success.

Indeed.
I saw the headline this morning and was wondering if they had to order out for crow or if they already had plenty in the pantry when they decided to announce their new strategy.

[anthonyk]

Originally Posted by Particle Man

http://finance.yahoo.com/news/Netfli...18757.html?x=0

The downward spiral continues.

From the article:

"The result: Netflix expects to post losses next year when it starts selling its steaming service in Britain and Ireland."

That's an unfortunate typo.