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Netflix losing more customers than expected. Don't know how they didn't expect people to cut when they hiked the price 80%. I dropped DVDs.
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People are cheap, but I'm still a member. Honestly, with how many shows I watch on streaming alone, the price hike seems more reasonable than "out of the blue."
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Except that they'd already hiked the price by $2, which I was okay with and this new hike was another $8 on top of that and that was too much for me.
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Something is only worth what people will pay for it. Netflix are finding out how much the majority of people think their service is worth. A lot seem to be saying "Not *that* much."