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Hey what going to happen to Netfix?

Read their stocks fell threw the floor from $400.00 a share to $100.00 a share in one day

When they lost 2.2 million to 3 million subscriptions

When they split the DVD and the Instant watch parts of Netflix

And charge more for doing so something like from $9.00 a month to $15.00 a month for both

And the soon use to be CEO is packing bags after being given his walking papers

5 Answers

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  • 10 years ago
    Favorite Answer

    With Netflix, with their recent decision making, it's causing a lack of consumer confidence in them. They are more or less betting it all on online streaming of videos to be the big money maker as having to ship all those DVDs at current shipping rates is unsustainable in the long run.

    The problem they're running into is that the streaming model very dependent on licensing. Since they lost the Starz deal, a huge portion of their current streaming library will go away. I heard recently that they made a deal with another big studio (something like Pixar i believe), but the licensing is the big problem with all the streaming services. The movie studios set the terms on the movie streaming which can be quite expensive which is why some of the movies come and go in the streaming library and they try hard to get movies people will actually see. It's also why a lot of the movies in the streaming section aren't as current as their DVD service.

    I subscribed to the streaming service, but it is nowhere as near as large as their DVD section. Movies like Avatar are available for DVD but not streaming. Even movies that are currently playing on tv aren't available in the streaming service.

    Unless they can straighten out the licensing it doesn't look to good. To make matters worse many of the Internet providers also are providing movie services.

    Source(s): Netflix subscriber
  • 10 years ago

    Hopefully they'll replace the CEO with someone who has more sense than the last one.

    If Netflix can do that, and deal with the larger issues of losing streaming rights to things like Disney and HBO's material, they'll probably do OK. Yeah, a lot of people are still upset about the 60% price increase earlier this summer, but then the recently cancelled plans to split the company into 2 was the last straw and caused Netflix's abrupt about-face.

    Seriously I have no idea how that whole Quikster idea got past the board and the market research folks. Netflix is as a combined company is far stronger than the sum of its individual parts. I can't say if folks will come back or not - I think that's going to largely depend on how Netflix deals with its streaming licenses.

  • Anonymous
    5 years ago

    He had a meltdown? Some has to tell me the details on that one. He is too calm to have a meltdown. D:

  • Anonymous
    10 years ago

    Flushed down the toilet

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  • 10 years ago

    they're gonna go out of business cuz they're confusing they're customers.

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