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When it comes to film and television in Hollywood its not easy to fool mother natu
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re. Netflix, the movie distrib
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tiger style ution firm announced a rate fee hike and Hollywood and customers are outraged on the thought. Hollywood studios do not take threats lightly. As soon as a DVD is released by the Hollywood studios it takes about four months after the film appears in theaters for Netflix to be able to start renting it. The catch is? Netflix needs an agreement from the studios or television company in order to proceed. Now, Hollywood studios are taking longer to negotiating, if it even comes to that. Many media firms are already refusing to sell them any streaming rights.
As stated, From Wikipedia: Gordon Gekko is the main antagonist of the 1987 film Wall Street who gave the famous speech on greed. Gekko has become a symbol in popular culture for unrestrained greed (with the signature line, Greed, for lack of a better word, is good)
Well in this case Greed is not good. The 25m subscribes who revceived notices of the new prices about 1m have signed off. Subscribes were paying $9.99 a month for DVDs sent in the post and as well as the right to stream some films and special programmes. Netflix are gi asics brand shoes ving their subscribers a choice: $7.99 a month for streaming or the same price for DVDs and if you require both services the total cost would be $15.98.
Netflix customers obviously do not like it, just check out their Facebook page at:
http:www.facebook.comnetflix?sk=info
In my opinion, this type of hikes came at the wrong time wth the economy showing signs of difficulity and families are looking to cut costs wherever possible.
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mexico mid runner onitsuka tiger ll be splitting into two companies adding Qwikster, which will be involved in DVD post and assuiming Netflix for streaming. The reason for the separating? To put it simply, Netflixs future lies in streaming. Needless to say, it will be a while for the customers and future subscribes some time to getting use to the idea of getting their DVDs from Qwikster and getting their streaming content from Netflix.
All I have to say about this is this, There is no cure for stupid.
What does the future hold? Well, we will see.
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Any comments you can also email me directly at: saillant@nydailyexaminer.com