Netflix reports first drop in subscriptions

1337_Like_ThaT · 07-24-07, 07:28 PM

Coincidence this may have happened shortly after Blockbuster announced its siding with Blu Ray?

http://www.reuters.com/article/ousiv...37505820070724

Quote:

Netflix Inc., the largest online DVD rental company, on Monday reported its first-ever quarterly drop in subscriptions and cut forecasts for subscribers, revenue and profit for the year in the face of fierce competition from Blockbuster Inc.
...........
Chief Financial Officer Barry McCarthy told analysts on a conference call that Wall Street estimates for fiscal 2008 earnings growth were "excessively optimistic."
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Netflix has spent the last six months fending off a rising challenge from Blockbuster, which said it will spend $170 million this year to promote its Total Access plan. That allows subscribers to swap DVDs rented online at its stores for free and has become a powerful competitor to Netflix.

Quote:

Originally Posted by superklye

Blockbuster is still around?

**nekrosoft13** · 07-24-07, 08:31 PM

i was considering going to blockbuster too

netflix been getting on my nerves recently.

07-24-07, 10:19 PM

Quote:

Originally Posted by 1337_Like_ThaT

Coincidence this may have happened shortly after Blockbuster announced its siding with Blu Ray?

What does this have to do with anything? Most of the people renting dvds don't want or even know what blu ray or HD DVD is anyway.
Does Netflix rent Blu Ray or HD DVD?

**nekrosoft13** · 07-24-07, 10:21 PM

Quote:

Originally Posted by betterdan

Does Netflix rent Blu Ray or HD DVD?

both

**nrdstrm** · 07-24-07, 11:22 PM

Quote:

Originally Posted by betterdan

What does this have to do with anything? Most of the people renting dvds don't want or even know what blu ray or HD DVD is anyway.
Does Netflix rent Blu Ray or HD DVD?

Yep, wich is why I am considering going to them. Blockbuster and Hollywood Video don't carry Blu-Ray in my area yet (have to go 2 cities away) so if they don't hurry up, netflix it is...

evilchris · 07-25-07, 12:22 AM

Quote:

Originally Posted by 1337_Like_ThaT

Coincidence this may have happened shortly after Blockbuster announced its siding with Blu Ray?

lol, yeah because as well all know HD movies sales are huge! Get a clue. Unlike BB, Netflix carries BOTH FORMATS in their entirety, a better choice. They don't make the choice for consumers.

RussianHAXOR · 07-25-07, 02:12 AM

Oh and netflix dropped prices. Btw Blockbuster version of netflix sucks the wait is SOOO LONG its ridiculous, we had to wait 2 weeks to get a movie....

**Rakeesh** · 07-25-07, 06:08 AM

Quote:

Originally Posted by RussianHAXOR

Oh and netflix dropped prices. Btw Blockbuster version of netflix sucks the wait is SOOO LONG its ridiculous, we had to wait 2 weeks to get a movie....

Yeah I am on the trial for BB online right now, it's sh*tty compared to netflix. Your queue doesn't come in order, at all. They'll just send you whichever one they feel like, even if the first in your queue is in fact available. In fact, I have 10 movies in my queue, all older movies so no reason why they should be all rented out, yet they just sent me the second to the last movie in my queue.

I had the queue specially laid out so that I could watch the sequels in order, but apparently that doesn't mean sh*t to blockbuster.

With netflix my queue was ALWAYS in order unless the title simply wasn't available at the time.

Also, why is it taking 5 business days between when I send out a movie, and the movie actually arrives here? That is a ridiculously long time. Netflix the max turnaround time was 3 days.

As soon as my bb online trial expires, I am canceling it.

Bman212121 · 07-25-07, 08:04 AM

Quote:

Originally Posted by evilchris

lol, yeah because as well all know HD movies sales are huge! Get a clue. Unlike BB, Netflix carries BOTH FORMATS in their entirety, a better choice. They don't make the choice for consumers.

I'm pretty sure the consumer had some say in it.

Quote:

The nation's largest video chain began renting both Blu-ray and HD DVD discs in 250 stores in late 2006, but it says it has found that its customers have chosen Blu-ray titles more than 70 percent of the time.

http://www.highdefdigest.com/news/sh...00+_Stores/707

Bman212121 · 07-25-07, 08:09 AM

Quote:

Originally Posted by RussianHAXOR

Oh and netflix dropped prices. Btw Blockbuster version of netflix sucks the wait is SOOO LONG its ridiculous, we had to wait 2 weeks to get a movie....

It is probably the area. I always get a new movie within 2 days, (If I returned my movies earlier in the day I'd have one next day) but I'm sure there is a lot less traffic for them around here. The probably need to expand their services in that area.

07-25-07, 08:56 AM

When we rented from Blockbastards online it would only take a max of 3 days to get there.

Medion · 07-25-07, 10:39 AM

We tried the Netflix trial. First thing we rented was Deadzone season 2 (we already owned Season 1). They sent us disc 4 first. We called and asked why, and they said that the first 3 discs were not available. We said "it's a season, not a movie, if you don't have the discs in order, skip to one of our movie choices).

07-24-07, 08:31 PM	#2
nekrosoft13 I'm Geralt Join Date: Oct 2005 Location: Chicagoland, once a year in Poland Posts: 24,364	Re: Netflix reports first drop in subscriptions i was considering going to blockbuster too netflix been getting on my nerves recently. __________________ Windows 8 the next big failure, right after Windows ME

07-25-07, 02:12 AM	#7
RussianHAXOR BANNED Join Date: Dec 2006 Location: San Diego Posts: 1,058	Re: Netflix reports first drop in subscriptions Oh and netflix dropped prices. Btw Blockbuster version of netflix sucks the wait is SOOO LONG its ridiculous, we had to wait 2 weeks to get a movie....

07-25-07, 08:56 AM	#11
betterdan Guest Posts: n/a	Re: Netflix reports first drop in subscriptions When we rented from Blockbastards online it would only take a max of 3 days to get there.

07-25-07, 10:39 AM	#12
Medion Join Date: Dec 2005 Location: Barksdale AFB, La Posts: 1,238	Re: Netflix reports first drop in subscriptions We tried the Netflix trial. First thing we rented was Deadzone season 2 (we already owned Season 1). They sent us disc 4 first. We called and asked why, and they said that the first 3 discs were not available. We said "it's a season, not a movie, if you don't have the discs in order, skip to one of our movie choices).