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Message Subject Netflix Shares Plunge After Subscribers Slump
Poster Handle ~Newton's Own~
Post Content
Netflix stock tanked and they lost lots of subscribers.
".. the company's stock plunged by more than 12% in Wednesday's extended trading.."

[link to www.cbsnews.com (secure)]

I suspect the subscriber numbers are even worse, since they are including it "free" with certain T-mobile plans. I bet a lot of those people don't even use it but they are being counted as subscribers.

I cancelled when they announced their deal with Barry Oblahblah and Big Mike. Others I know were pissed but it took them longer, i.e. when their deal with AOC was announced. Oddly (NOT!) the article makes no mention of these possible factors for subscriber loss.
 Quoting: Anonymous Coward 74775434


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