DISCLAIMER: If you are not mindlessly deciding to stay in debt, I might not be talking about you. 😉
Are you upset at the recent price hike announced by Netflix?
Is seems a lot of people are lighting the torches and grabbing their pitchforks so they can lynch the once beloved company.I have an idea. How about you get that mad about your debt! Seriously, you should torch IT instead.
Wasn’t it Netflix that saved us from companies like Blockbuster? Wasn’t it Netflix that made it possible to watch as many movies as we could mail off and receive in one month for the price equivalent to two movie rentals back in the day?
I’ll admit, the recent hike forced me to reconsider some things and at first I was a little bummed. Instead of tripping over myself to leave a negative comment on their blog though, I carefully considered how this really effected me. I came to the conclusion that while it always stinks to be told that prices will be going up, the bottom line is that Netflix is still a great value when you compare it to what you’re getting now not to mention what you used to get. I don’t know about you but I used to HATE Blockbuster!
Think back to a time before Netflix, and if you’re honest you’ll realize that you probably spent more for home movie entertainment than you ever will with Netflix. In all honesty though, shouldn’t you be mad at the companies who license the material that Netflix pays for? It has been said that they will be going up from 180 million to almost 2 billion. I read a comment that suggested you be mad at the studios, not Netflix. I agree.
Back in the “long long ago time”, when we would get in our car and burn gas not to mention time, to go to the video store for our home video pleasure, we paid a lot more than we do now. I remember spending more than $30 in a months time easily. Take into consideration the fact that you also had to keep a movie that only took you 2 hours to watch for 5 days, as opposed to stuffing it back in the mailbox to receive a new one two days later.
Am I the only one that paid more than $15 just in late fees some months?
We were (until the price increase) paying about $9 for 1 DVD at a time with unlimited streaming and now we’ll be paying roughly $16. Ooh geez, let me pick my jaw up off the floor.
We probably watch — roughly — about 4 movies a month on DVD (which would have cost us about $15 back in the day), and I can’t even tell you how valuable we have found it to be to have streaming movies available 24 hours a day.
Now, we’ll be paying $15 instead of $9. We get more than $15 worth of streaming movies if you consider what it used to cost even for old movies. Video stores charged the same for television programs as they did for new releases and you can watch a large range of television shows streaming to your computer or television.
I don’t see what the big deal is personally!
I think we’ve become spoiled, and the word entitled comes to mind as well. I’m willing to pay the price increase because it’s still a valuable service and if that’s what it takes to keep it going, I’m all for it. If you choose that it’s not for you anymore then I understand, but that doesn’t make Netflix a bad company just because they had to make some hard decisions in order to keep Netflix alive.
I think Netflix should take this opportunity to trash the DVD side of the business and offer only streaming with one exception being that since they’re paying so much more in licensing fees, that new releases should be streaming as well and sooner than before. If anyone should be classified as greedy capitalists, it should be the movie studios who control the content that want to charge an arm and a leg to put it on your television set.
Time to wrap this rant up but before I do I need to say one more thing.
For all you people complaining about a $7 increase, I’m curious to know how much you spend a month in interest payments to cover all of your debts. I bet it’s more than $7 easily! Seems kind of illogical to me to be mad over a $7 price increase while you continue to mindlessly run up debt without ever thinking twice about the interest you pay to do so.
You should eliminate your debt payments so $7 won’t cause you to have a brain hemorrhage. Without payments a $7 increase is small potatoes. Just saying…