4 Lessons From Netflix's Price Hike

Posted by tuckerleroy under Finance
From http://www.openforum.com 4628 days ago

Was Netflix’s decision to increase prices wise? Company execs say, “yes.” Industry analysts say, “no.” What can you learn from Netflix's latest pricing change? Julie Rains explores.

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Written by businessavante
4628 days ago

Hi Tuck.

Cable's price hikes, bad quality, constant outages, and poor service lost my business decades ago (Sept.'96). Let's see what happens here.

Duncan

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Written by businessavante
4628 days ago

On SNL this past year, Jim Carey did the 1st-ever impression of Charles Bronson I've seen. It was hilarious - he squinted while raising his eyebrows, pursed his lips, and said: "You scumbags make me wanna puke!" In the bit, he was a Swami (with a giant turban like Johnny Carson's Carnac hat) who'd been a comic impressionist, so all his spirit voices were impressions.

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Written by saraib820
4628 days ago

Duncan,

A quote:

Cable and satellite prices were similarly high, with Israelis paying 200 percent more than the world average price for unlimited viewing and 156 percent more for committed packages.

Prices here are notoriously high. Basic cable is 250 shekels, about $85. That'll get you Israeli channels only.

We have basic + CNN, FOXNEWS, BBC, 4 movie channels, HBO, FOXSports, Eurosport, MTV, VH1 and E. That's all.

The price = about $125 a month.

It's insane, yet we pay it. We must have our TV. One of the four movie channels is MGM where Yoni gets his fill of Bronson, Eastwood, Peck, Gable and the like.

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Written by businessavante
4628 days ago

p.s. I won't pay for satellite, either, and have never used Netflix.

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