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

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

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 officially lost a massive 60% of their value since July.
We’re hearing that Netflix has plans to expand and offer services in Ireland the U.K. next year, but we think they should first focus on their current subscribers and do right by them!
Lowering those prices would be a good start! Think about it!
Did U recently cancel your Netflix account? Or do U plan to stick by the company???

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Oct 24, 2011 21:45pm PDT

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