Wall Street Cheers Netflix Price Hike, Customers Shrug It Off (For **w)

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Wall Street Cheers Netflix Price Hike, Customers Shrug It Off (For **w)

Wall Street Cheers Netflix Price Hike, Customers Shrug It Off (For **w)

Three years ago this July, Netflix an**unced plans to split its DVD and streaming services into two separate subscription options, effectively hiking the Price by 60% for those Customers who use both

The reaction at the time was swift and damning: Thousands of Customers posted heated comments and complaints, slamming the company for the move on its blog and Facebook page. Several people created petitions on Change.org to urge Netflix to reconsider. Hundreds of thousands cancelled their subscriptions and the company's stock began a long decline

See also: Netflix Is the Breakthrough Brand of 2013 Read more...


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