No Bottom for Netflix?

Good. That's what they get for raising your prices by 60% just after posting record profits the quarter before.

Bring back the old plans and you'd have truckloads of customers return. Park your pride, admit the mistake and move on. Otherwise, enjoy the path you've made for yourself.

I believe the old adage, "If it ain't broke, don't fix it" applies. Greedy morons.

Netflix meet Karma...when you screw your customers you screw yourselves!

They are getting what they deserve. You just DON'T hike fees 60% and not expect some sort of backlash.

I think the CEO should be fired. He started this whole mess. I switched to just streaming and there doesnt ever seem to be anything newer on there. So I will probably end up cancelling it all.

It is a real shame that this company fell victim to greed, especially since the founder began his endeavor feeling ripped off at the late charges his video rental store was charging him.

Fact is the movie studios don't like Netflix because they think they can make more money other ways (not sure what those are). Those same studios are making it harder and harder for Netflix to get content (ie: the 28 day wait, constantly raising prices, etc.) and will eventually make it so hard that Netflix can't survive. Of course those studios don't realize that once Netflix is gone they won't get any of that money any more, but no one has ever accused the movie and recording industries of being very smart with their product.

See what happens when you get greedy Netflix?????

All companies and banks need to learn a lesson from this. We, as customers, are tied of getting the short end of the stick! Straighten up and fly right or suffer for trying to rip us off (that includes all the nickel and dime or hidden fee crap)!

They're running around like chickens with their heads cut off with no clue in the world what to do. Simply go back to where it was before this all happened. I'm about to cancel Netflix just because their streaming sucks now, too. Put on movies that are known...none of these 1 star rated pieces of crap.

They should lower the price back down and maybe, just maybe some of their old customers will come back. The price hike was stupid!

They can still undo the stupidity and lower their prices (to fall in line with what others are doing) This is called cutting your losses. Dont try to keep lying and say that you were right and you made the right move when you really fell into a big pile of your own bull****.

So, the CEO made these bad decisions and it's killing the company? Why has it not been announced that he has been fired? It's a public company. He doesn't own the place. Fire his dumb ***. No, next thing we will read on Yahoo! is how big of a bonus he got this year.

Netflix has created an environment of hate and discontent from the consumer. You don't double your price and pull some razzle dazzle bull and think it is going to be okay with members. The problem is that Blockbuster is no solution to the problems at Netflix, because their model is riddled with even more greed.

We canceled our DVD portion of the plan when they decided on the price hike. I wish they would add more/newer content to their streaming service. Now it's mainly "B" list movies and below. I Hope they can add more if not we may cancel in the next year...

Karma is a B****

Reed Hastings: 1st "Were raising prices 60%" 2nd "Oh, uh, we did that because were splitting into two divisions" 3rd "Ok, were arent splitting into 2 divisions anymore" But did they lower their rates back down? NO.

And the lesson here is? Don't get too greedy..................they will walk away. Maybe someday the big banks will get the same customer support. Walk away.

Netflix has lost its credibility with its customers. Once this trust is broken it will never be mended or forgotten. They are gone.