300°

An apology from NetFlix

PSU: Reed Hastings, co-founder and CEO at NetFlix, has issued a formal apology this morning in regards to the robust feedback received from the NetFlix service separation two months ago.

gw4k4602d ago

Funk you Netflix. That is why I dropped you and so did 600,000 other users!

kaveti66164602d ago

It's not Netflix's fault.

The studios they were dealing with wanted more money than Netflix could pay.

Original deal with Starz was 30 million dollars. When the contract was up, Netflix offered 300 million to renew. Starz refused. The same situation has occurred with other companies in the past, with Sony refusing to allow their films on Netflix because of some other dispute.

Netflix was a service that was too good to be true. I signed up for it 4 months ago and couldn't believe how wonderful a service it was for only 10 bucks a month. I knew right away that such a service would not last in such a hostile capitalistic environment. Other corporations saw how successful Netflix is and decided they didn't want to contribute to that success.

So, don't say f**k you to Netflix. Just reconsider the type of world you live in and exert your autonomy against the few old, white men who control everything within their clutches.

gw4k4602d ago

That isn't correct!
You are completely incorrect.

I'm not saying the whole deal with Netflix didn't happen, because it did. But, it happened because of Disney! Disney has a deal with Starz. Disney is going to pull it's content if the deal continued. Disney wants their own deal with Netflix!

So, get your facts straight son before you try to argue with me!

All of this has nothing to do with the price increase. Netflix just split the business into TWO sections!

That is what is going on. That is why!

kaveti66164602d ago

Starz owns content from Sony and Disney, but neither Sony nor Disney was involved in Starz's decision to back out of the deal.

Sarobi4602d ago

@qw4k

That is completely incorrect. Disney had done nothing to do with Starz's decision

BeOneWithTheGun4602d ago

I tried the free 30 day trial and there is no way I would pay for this crappy site. If you enjoy deciding to watch a movie and then wait 3 days for it to be mailed then more power to ya.

When I want to watch a movie I want to watch it right now. The streaming selection is so sparse I think I found some dead crickets and a couple dust balls in it.

Come talk to me when you have same day releases as DVD AND stream in 1080p FOR ALL MOVIES.

ForROME4602d ago

What a dumb company, why even make a change at all. You were popular, people were signing up in drobes, you had no reason to make any big change and affect users, and the changes you did need to make, you could have been way less drastic about it.

Now look at you - just bad decision, communication and management decisions. Hopefully this give BlockBuster online some business.

Software_Lover4602d ago

These f'n studios want gazillions of dollars for old @$$ movies and shows. What they are really trying to do is run Netflix into the ground so that each individual studio can have its owns online Paid service. So wishing Netflix away will only bring on more of the same but more money out of your pocket.

Netflix got too big for its own good and now everyone wants in on the action.

VileAndVicious4602d ago

True the content providers probably rape netflix over their deals behind closed doors (like Starz for example)
But I think this particular choice split into two seperate companies isnt the brightest.
But I think if they can increase their streaming content most people wouldnt care and love them again.

Cosmit4602d ago

Honestly, the selection was pretty bad. I too stopped using it but it was a bit before the price went up and the Starz incident.

Show all comments (17)
100°

Microsoft’s Surface and Xbox hardware revenues take a big hit in Q3

Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.

Read Full Story >>
theverge.com
darthv7212h ago

Xbox content + services up 62% while hardware down 31%... seems about right with the way they tout you don't need the hardware to play. People can play on their phones or smart tv or other means. I don't hardly play on my consoles directly since getting devices like the logitech g-cloud and ps portal. Which is to also say I have been playing more digital than physical because of these devices.

purple1011h ago

Xbox hardware revenue tanks to lowest point of Xbox Series generation

Profchaos56m ago

I'm not surprised surface is struggling they aren't relevant anymore

XBManiac12m ago

Too expensive hardware when others offer the same or more for less? Good work, Green Team.

130°

Why Monopolies In Gaming Must Not Be Allowed

As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.

thorstein10h ago

Shouldn't be allowed in any field.

Inverno6h ago

And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.

jwillj2k45h ago

Eventually they’ll realize the value is with the employee not the company. Buying an IP means nothing if the people who contributed are let go. They’ll get it one day.

MrCrimson5h ago

tech is different because they buy threats and then kill them. Twitter bought Vine and did nothing with it. Despite people seemingly liking it. Could've had tiktok a decade before bytedance. go figure.

Zenzuu6h ago

Monopolies shouldn't be allowed regardless. Not just for gaming.

MrCrimson5h ago

They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -

50°

Mugen Souls Retro Review – Sexy Demon Space Adventure

Gary Green said: We have a juxtaposition of 2D and 3D visuals, flashy turn-based combat, quirky anime characters with cheeky dialogue with plenty of partial nudity; Yes, this is a Compile Heart JRPG. Whilst the engine is borrowed from Hyperdimension Neptunia mk2, Mugen Souls is more of a Disgaea spin-off. It’s not a strategy RPG as such, it merely sits within Disgaea’s ever-expanding universe (Multiverse? Netherverse? Your guess is as good as mine). You won’t find cameos though, since Mugen Souls is a franchise which aims to stand on its own two feet.

Read Full Story >>
pslegends.com