Netflix raises rates, irks subscribers

Can't believe all the complaints. At $8/month, this is the best deal going; the cost of just two or three traditional rentals from your local video store. Even with the DVD option at $16/month, this is about the cost for Showtime or HBO with a vastly larger selection and new titles popping up all the time.

People...Netflix is phasing out DVDs and the ever-rising postal rates. It's the cost of doing business and - personally - I'm grateful to have it connected to my TV! :)

With these extra resources, you would think they'd be bragging about the ability to purchase rights of newer dvds and what not. But it's just gonna be the same crappy content for more money. Best canclec now rather then later.

I could understand another price hike, if they were getting a lot more streaming content but they haven't announced that have they. As it is I'm watching a movie on my ps3 and it stops every couple of minutes to reload. Not nearly worth the money they are asking, so I'll be cancelling at the end of august.

I cant wait for netflix to go under Im going to have a party!!

Try Crackle. About the same streaming selection but it's free. Bye Netflix

its all about money they dont give a rats #$%$ what u want or need its how much money can they rip u off and put in ceo pocket new car and house just quit maybe they get the pic but dont hold your breath

I agree with Reverend! If this meant we would have a better selection for streaming then I wouldn't mind. If you want to see anything good or that was a box office hit, it won't be in the streaming catalouge. Netflix you are going to lose every customer you have if you don't add better movies to your streaming section!! Me being one of them and as Sandra said. I've been with you from the start and now you are going to lose my buisness as well.

YES! This is #$%$! 60% raise?...what at this people thinking? Sorry Netflix...I'll be taking my business somewhere else.

We are quietly going away. Netflix, we have been with you since you began. Your streaming selection sucks. Redbox here we come, too!!!!

This wouldn't bother me at all if the streaming catalogue were larger. As it stands, they are forever removing things and it takes an eternity to get new things added.

And on top of that, I'm sure I'm not the only one who sang the praises of netflix to friends and family. Now they're going to raise the price 60%? Well, I wish I hadn't told anyone now...

Hulu and it's 3 minutes of ads for every 1 minute of programming can go burn. With netflix hosing its customers I guess people will be back to piracy (you know, the other thing that the bandwidth that allows for streaming is good for).

This is the downside of being a publicly traded company. Once you are publicly traded, your business model changes. You manage for shareholder value, and not for consumer value. You manage for the short term, and not for the long term.

Shareholder value and consumer value are quite frequently at odds with each other.

This would be fine if they would make everything available for streaming, not just a selection of older movies.

Dear Netflix,
We used to get along so well, you used to be there for me, but for some reason we've grown apart. I remember the times we had... 3 discs at a time, then streaming. Those were the days I never felt so alive! Then you said I couldn't get 3 discs anymore, that I wasn't good enough for you. So I sucked it up. After all, we still had those one disc nights and unlimited streaming. And that was still pretty decent. But now the relationship is all about you, all about what NetFlix wants. Well I'm sorry, but I have needs to, and I'm going to find someone new. I can't deal with your selfishness anymore. I hope you find someone who will love you, but this thing we had... It's over. I just wish I could have seen you for who you were 6 years ago, I could have saved myself from a huge mistake!

GOOD-BYE NETFLIX time for scr---wing your customers is over....your CEO must of worked at Lehman Bro. or AIG..Me personally, would sooner spend my money on art supplies or sd cards and get outside to capture nature. Cancelled

If I recall correctly, Netflix was paying huge dollars to get access to certain television shows. We end up paying for these shows indirectly whether we watch them (streaming) or not.

For those that think streaming provides as good an image and sound as a quality DVD or a Blu Ray for that matter are sadly mistaken. The quality can be good but never great. To stream movies, the digital file has to be highly compressed. Any major compression means loss of quality. People can argue this all they want but it remains a fact and often it can be readily seen during streaming that the quality doesn't even match a standard DVD at times.

If you don't mind a lesser quality view of a movie (via streaming) then Netflix might be a very good option at the price it gives for just steaming. Do remember not nearly all the movies Netflix carries for rentals is in the category for streaming. It is far far less.

I'll have to think about this price hike carefully. and probably drop streaming entirely and stick with the rentals. Lets just say I am not happy rewarding Netflix with my dollars but there isn't really an alternative for rentals at this time.

If streaming actually had a large catalog and, you know, KEPT what they have on catalog there, I wouldn't mind. I would probably just switch to instant. But the fact remains that some shows/movies I like rewatching on Netflix instant periodically disappear and I can't watch them anymore. It's hard enough to find something good on there to begin with.

I am an economist and financial advisor advising clients during the worst recession in American History. So let me understand the economic formula for Netflix success. They are going to raise prices 60% during this period of time? This pricing formula will accomplish two things for them. First, subscribers will leave in droves and second, the competition will be licking their chops over their potential new business they will be getting. What a concept.

Red Box, here I come!

Nice to see that the guy that thought up New Coke has finally found a job at Netflix.

Looking at the numbers, I just realized that even if Netflix loses 50% of their customers they'll still be left with an additional 10% profit margin. Pretty slick.