Netflix and their Price Hikes
// July 13th, 2011 // No Comments » // Entertainment, Technology, Thoughts
Netflix is upping their prices, presenting new plan options.
I understand the need for companies to increase revenue to stay effective and profitable.
However, I have one big beef with the recent Netflix price hikes. The timing is rather suspect. I know from chatter on the net, and from my own social circles that a lot of people have been high tailing it from their expensive cable providers for more cost effective services like Netflix. I am one of them.
Plus, ironically, the past three days (at least in my neck of the woods) have revealed serious latency issues with Netflix’ service. Screens loading slowly, movies taking three times longer to buffer, etc, etc.
I saved hundreds a year making the move to having my XBox be the primary source of video entertainment. It helps with day care, my son’s illness, and living in general.
So, when I receive an email that states there is to be a 30% price hike to my subscription, I got a little perturbed. Yes it’s only a few bucks, but then so is a shift from $3 for a gallon of milk to $7.
I may be making a mountain out of a mole hill but all the different events unfolding concurrently puts a sour taste in my mouth. The reliance of people shifting to Netflix from cable being just one factor. It comes across as profiteering. That may be a bold claim, but the basic evidence gestures that way. As it stands, I probably will drop the disc mailing service, but I really don’t want to.
