Netflix's Demise Was Greatly Exaggerated

snoopy · Jan 28, 2012

Have been considering Netflix and held off because of stories they would be shut down. Does anyone know if they have any fairly recent movies or are they all oldies?

Netflix's Demise Was Greatly Exaggerated
Total Subscribers up 25% From Last Year Despite Missteps
by Karl BodeWhile Netflix still dominates the streaming video market to the tune of 65%, 2011 wasn't a particularly pretty PR year for the company. Netflix instituted a relatively-massive price hike, an announcement of a split off of their DVD and streaming services, a confusing reversal of that plan, and somehow found time to insult everybody in America. The company also decided several times to revamp a GUI that wasn't really broken in the first place -- instituting interface changes on both their website and Xbox 360 app that actually made their streaming product less useful.

Not too surprisingly, Netflix took a significant customer satisfaction hit. There was also oodles of hand-wringing analyst pontification about how Netflix was doomed. Forgotten amongst these dour tirades was the fact that Netflix is competing against a cable industry that institutes bi-annual rate hikes, with their obliviousness to consumer price sensitivity teetering into the obnoxious.

The fact is that even at existing price points, with a streaming catalog that's increasingly sparse due to studio suffocation, Netflix still offers good value to content consumers.
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http://www.dslreports.com/shownews/Netflixs-Demise-Was-Greatly-Exaggerated-118056

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