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Sony: Sorry For Accidentally Capitalizing Off Whitney Houston's Death!!

When Whitney Houston's death prompted an immediate skyrocket effect in album sales, some of Sony's prices were raised.

In the UK, iTunes prices rose like this:

The Ultimate Collection - rose 60% from $7.85 to $12.50
The Greatest Hits - rose 25% from $12.50 to $15.67

Shady, shady!!

We mean, we know fans needed their fix with Whitney hits like It's Not Right But It's Okay (watch above), but was it ethical to rise prices??

The debates spread like wildfire!! So Sony looked into it and guess what!!

…oops! It was all "a mistake" they say!! MmmHmm… inneresting..

A spokesperson commented:

Whitney Houston product was mistakenly mispriced on the U.K. iTunes store on Sunday. When discovered, the the mistake was immediately corrected. We apologize for any offense caused.

Oooh, Sony!! That is just so weird, isn't it!?! Talk about a coincidence… …

So what do U think?? Smart business or Shady business??

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No Surprise, Movie Ticket Price$ Hit All-Time High

Filed under: Film FlickersEtc.Business Blitz

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Movie tickets just keep getting more and more expensive.

Ticket prices hit an all-time high in 2011, with the average price of admission rising from $7.89 to $7.93.

Wait, what?? Where in this country can we go to a movie for under $8 bucks? Heck, under $12 bucks!

Experts say this isn't just inflation, but is caused by the big changes in the movie industry.

Not only are more

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NOOO! Redbox Raises Daily Rental Price From $1 To $1.20

Filed under: Film Flickers

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Oh, don't you dare, Redbox!!!

After Netflix screwed us over with their price changes, you were our one and only hope!

Ugh. The daily rate of $1 will be going up at the end of THIS MONTH. Yup, starting October 31, daily DVD rentals will now be $1.20. Way to give us notice, Redbox!!!

The company, which is owned by Coinstar says that "the change is primarily due to the increase in operating expenses."

CEO Paul Davis said:

"Our redbox business alone passed $1B in revenue year to date and became the leading renter of DVDs by staying focused on delivering great value and convenience to our consumers.

This marks the first price increase for a redbox standard definition DVD rental in eight years. The change is primarily due to the increase in operating expenses, including the recent increase in debit card interchange fees as a result of the Durbin Amendment."

Blu-ray discs will remain at $1.50 and video games will stay at $2 a day.

Still not cool though. We are totally disappointed in you, Redbox.

To see the email they sent out to subscribers, look above. So disappointing…

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Ouch! Netflix Lost 800,000 Subscribers In Its Third Quarter!

Filed under: TV NewsFilm FlickersBusiness Blitz

netflix loses eight hundred thousand subscribers

Wait for it…wait for it….okay Netflix competitors! Go! Go! Go!

In the latest chapter of Netflix's Downward Spiral, the company has officially lost 800,000 U.S. subscribers in the third quarter! Wow.

Apparently, that's 210,000 more subscribers than Netflix had projected they'd lose. Wow X2.

The company's shares have now

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Netflix Says Goodbye To Qwikster, Stocks Reach 52 Week Low!

netflix reaches 52 week low on wall street

BECAUSE. YOU. STILL. RAISED. PRICES. BY. SIXTY. PERCENT.

While it was definitely a good move on Netflix's part to backtrack and NOT split into two companies, let's not forget that they STILL totally screwed their customers by raising prices by 60%!

Tell us, Netflix! Was this whole Qwikster thing some sort of diversion to take the focus off the price hike, so that when you decided to remain as one single service, we'd be so relieved that we'd forget we're paying WAY too much money for your service??? If so, we're sorry but it didn't work.

Netflix stock prices hit a 52-week low yesterday, and they closed down 4.8%, once people realized they were still being charged absurd prices by the formerly awesome company.

Here's what Janney Montgomery Scott analyst Tony Wible had to say about it:

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Move Aside, Netflix! Dish Network To Introduce Online Movie Rentals

Filed under: Film FlickersBusiness Blitz

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Some more bad news for Netflix!

Not only have they raised their prices, leaving customers VERY upset, but they've also just recently lost out on their deal with Starz, dropping their stock price by 9% last Friday.

And NOW they have new competition.

The Dish Network is looking into releasing their own movie subscription that will include online streaming as well as mail and in-store rentals, AND on-demand rentals.

Dish also owns Blockbuster, which means they would be getting existing customers as well as possibly picking up the Starz deal that was broken with Netflix.

This is some major competition for Netflix and with so many customers angry at the company for raising their prices, they could very well see another drop in user subscriptions.

Yikes!! We'd think twice about our pricing decisions if we were you, Netflix! Things aren't looking good for you…

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It's Official! Netflix Prices Have Increased, Bummer!

Filed under: Tech Talk

Netflix Price Hike

As we reported before, there are a ton of pissed off customers planning to leave Netflix due to the 60% fee hike.

Instead of only paying ten bucks a month for both unlimited streaming and unlimited dvds (one out at a time), you now have to pay $7.99 each.

True, while it's a price boost, it's still dirt cheap for what you get….

except for the fact that any time you want to see a specific movie, it's never on streaming and who the hell wants to wait two days to see Clueless, huh!?!

By that time, the mood will be gone, and you just wasted a queue spot!!!

Ugh. Amazon, here we come!

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