Netflix To Lose 1 Million Subscribers

tekgoblin writes "In light of the recent price increase at Netflix, it made quite a few subscribers mad. Netflix expects to lose around 1 million total subscribers in the short term after the price changes (which split off separate subscription plans for streaming video and DVD rentals). On top of the price increase, Netflix will lose their contract with Starz in February, which will cost them around 1,000 total streaming titles from their collection."

After I cancelled with Netflix

[mykos]

I switched to their competitor who has more content and better prices!

Re:WHAT??!?!

[Gerzel]

Hand of the free market at work. X customers willing to buy at Y price equals Z total revenue. You maximize profit often leaving many customers out of the equations. Its just that simple for Netflix as it is for food, water, safety, legal representation and healthcare.

Its capitalism just what our founding fathers, Washington, Jefferson, Lincoln and Rand had in mind.