Tuesday, July 26, 2011

Netflix Losing New Subscribers

In the past couple months, more of my friends have finally joined Netflix and are loving it. But according to their earnings report yesterday, Netflix has added the same amount of new subscribers as it did a year ago. Netflix recently announced a huge price increase for people streaming and receiving DVD's in the mail.

Many think that Netflix may be deluded on revenue, but some think it is overconfidence. I'm on a streaming only plan and use it on my AppleTV and iPad, which plan are you signed up for?

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