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1 Velvet Elvis  Tue, Oct 25, 2011 2:33:53pm

Part of their profit loss is due to costs of expanding into Europe which should provide enough new customers to right the ship.

People need to blame the big content industry for jacking up the fees they are charging Netflix and not Netflix itself.

2 shutdown  Tue, Oct 25, 2011 3:23:49pm

Any company whose business model depends on the physical delivery of content that could be digitized and delivered online or streamed to a device is destined to join Blockbuster. Period. Any company whose business model separates ownership of content form delivery of content will follow shortly thereafter. The barriers to delivering content online or pushing it to devices through 4G or LTE are so low that content owners are simply going to terminate their contracts with pure delivery providers like Netflix. Sony already has. Investments in dying sectors are sucker bets being pushed by professional traders who need patsies on the other side of trades.

3 Jaerik  Tue, Oct 25, 2011 4:32:45pm

I understand that NetFlix very much wants to push people to streaming. I actually agree! I think physical media is pretty archaic and would prefer to just pipe everything directly.

I understand NetFlix has issues with the major license holders around streaming content versus physical delivery. I think folks understand. The trouble is, they prematurely pulled the trigger on trying to get everyone to switch to streaming, when they just didn't have the license deals or the content library to make the service viable.

I have yet to ever go to NetFlix streaming with a movie in mind that I want to watch, and have it be available. (I'm not really a TV show watcher.) I'm literally like 0 for 40 now. Until I can have even reasonable confidence that they will have what I want to watch, it isn't even worth starting the thing up and logging into the service.

So I just cancelled instead. No hard feelings to NetFlix. I know they're kinda backed into a corner. But I was just getting nothing for my money.

4 Charleston Chew  Tue, Oct 25, 2011 7:13:55pm

Just discovered the Criterion Collection's on Hulu Plus. Good news for me. Bad news for Netflix.


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