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bigqueue

>When asked about increasing prices to increase revenue per user, Hastings said that they were "very excited about the $7.99 price point" and see reason to change it.


Sounds like you mean *no* reason to change it.

Kayla Sonergoran

This is the confirmation I was waiting to here. Thank you.

rjm

About one third of DVD shipments were new releases, and the majority were catalog titles.

Thats EASY when you dont stock new releases !

I QUIT dvds because every new release had VERY LONG WAIT for months after coming out.

CordCutter

Missing from Mike's bullet points, NF intends to go after Disney, Universal and Sony pay-tv deals in 2 years when their current deals come up for renewal/cancellation. They said they would of course have to weigh the cost versus the return, but they would be in play for them especially Disney content.

Perkins Cobb

"About one third of DVD shipments were new releases, and the majority were catalog titles."

Then why isn't Netflix supporting catalog titles? They continue not to acquire nearly all new catalog releases, or replace titles for which they run out of stock. I know I've harped on this before, but it's not a rhetorical question: why does Netflix neglect this segment of their customer base if it's still a revenue stream worth highlighting in their quarterly reports?

Until Netflix fixes this, I'll continue to root for its demise.

Tvaddic

@rjm, Older titles have always been more popular. I read the Netflix book, and they pointed out that 60& of rentals were older. This was because people wanted to get newer releases ASAP, from Blockbuster, back in the day, or Redbox. Un an unrelated note, I could never find a new release in Redbox, which was why I did most of my renting from Blockbuster, before it closed down.

shthar

Howbout buying a few more copies of Fuzz or The Death Kiss?

thisguy

sounds good

social media monitoring

Hastings reiterated that the company does not expect to get back to the highly positive perception it once enjoyed until 2014

Stroker Ace

I never wait for a new release, ever. Send one back on Saturday and you'll always get the brand new one Tuesday. Without fail, every single time.

Galagatron

The site really needs to revamp its model of completely separating streaming and streaming+disc services. Let streamers be able to see what's available on disc when they search. Heck, just combine the two again.
I'm one of those mostly catalog DVD viewers. That use to be why many of us got into Netflix in the first place: we could rent movies the dominant chain video stores didn't stock on their limited shelf space while carrying about 50 copies of the latest Harry Potter movie or whatever.

Mike

Yes, I agree, combining the queues would be a revenue-generating step at almost zero cost to Netflix. So would facilitating the enrollment of new customers in hybrid plans rather than in streaming -only. I can only conclude that Reed Hastings, having predicted the demise of the DVD, is now trying to prove himself right by sabotaging the DVD rental side of the business.

I have found a lot of other sources for movie titles, including GreenCine, Blockbuster, the local public library, Amazon Marketplace, and cable/satellite channels like TV5 Monde, Eurochannel, and TCM. None of these sources offer the catalog or the service that Netflix does. I think that eventually Netflix will fold, with a little help from Hastings, and I will be very sorry to see it happen. I hope Netflix lasts for a long time.

ice machine


This design is steller! You certainly know how to keep a reader amused. Between your wit and your videos, I was almost moved to start my own blog (well, almost...HaHa!) Excellent job. I really loved what you had to say, and more than that, how you presented it. Too cool!

ethan

ice machine, i love and respect your viewpoints! I was almost moved to create a bot program to go post positive and non-relevant things in response to bots, but then I decided this was easier.

Wowzers!!

rjejr

Batten down the hatches Mike, it's going to be another rough few days.

At least we have cable and the weather channel this time. Well at least until the power goes out probably sometime Monday. 98 hours power free after Irene, can't wait.

How widespread do power outages have to be before nf notices a drop in viewership, or does everybody just watch on their smartphones during blackouts?

Keep safe.

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