Is Netflix Pulling a Blockbuster?
Holy cow, that subscriber guidance... I ended my thumbs up on Netflix here in CAPS right after the price hike news. I did wonder if maybe I was being too reactionary, since most of the outrage I saw was purely anecdotal (people ranting on social media), but man. I have to wonder if Netflix somehow missed one of the very simple lessons Blockbuster learned (the hard way): when you make your customers mad, nothing good happens.
It seems Netflix management is still standing by the decision, that it's the right thing to do, but wow. Is Netflix's loss RedBox's gain?!