Fisher Capital Management World News: Netflix Sorry For The Price Hike But Causes
Another Uproar
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Fisher Capital Management World News: Netflix Sorry For The Price Hike But Causes
Another Uproar
http://fishercapitalmanagement-worldnews.
com/2011/10/fisher-capital-managementworld-news-latest-update-netflix-sorry-for-the-price-hike-but-causes-another-uproar/
Netflix s CEO apologized for mishandling the recent price increased they announced
which resulted in many customers to cancel their subscription.
However, the apology
was eclipsed by another ill-thought decision.
It was learned that the company is going to split into two different services -- one with
the same name that will focus solely on streaming content while the other will be
dedicated to mailing DVDs in their old way.
Qwikster is what their DVD service will now be called, something that the company
wants to be recognized as a commitment to quick service but clearly, the public has
ideas.
Netflix has already lost half of its market value on July when it revealed the plan to
increase charges 60% more.
This move to rebra
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