Posts Tagged ‘netflix’

Netflix has been one of the leading video streaming and DVD delivery services on the web for years, but right now anybody in the online video space will tell you that Netflix is taking its turn in the hot seat — the stock is down from nearly 300 to around 78.  The problems started in [...]

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Netflix announced that its free Android app was updated this week to provide a better experience for viewers using an Android tablet. This tablet support includes the Amazon Fire and Barnes and Noble Nook Tablet that also became available this week.

Barnes & Noble introduced their new Nook Tablet yesterday, announcing that it not only features a 1GHz dual-core processor, 16GB of internal storage with the option to add 32GB of extra storage, 1GB of RAM, and a 7-inch 1024 x 600 display, but will also come with Netflix pre-installed, along with other media apps including Hulu, Pandora, MOG and Rhapsody.

Despite a rather difficult few months in which they lost 800,000 U.S. subscribers, Netflix is still one of the top dogs in the world of American film and television show streaming. They played a big part in the downfall of Blockbuster and have stepped on the toes of other major players like HBO as well. Now it looks like they’re headed across the Atlantic, to try their luck against UK players like Amazon-owned on-demand service Lovefilm.

Over the course of two months, Netflix’s market value declined 57%, due to the dissatisfaction of its plan to separate services. As of last week, Netflix changed its tone and decided to yank the unpopular plan. Unfortunately, for Netflix, the damage already took a toll upon its stock. Facebook, on the other hand, still has the time to save itself from the type of damage incurred by Netflix.

Timing is everything in Hollywood as far as business is concerned. The fact that DreamWorks contract comes as Netflix is trying to navigate through a storm of challenges is not uncoincidental. Competition is getting fierce with Apple, Vudu (Wal-Mart) and Amazon. Now, Blockbuster announced its plan to do both stream and DVD-by-mail service.

Calling it the new Blockbuster Movie Pass will allow customers to stream more than 3,000 movies to a television and more than 4,000 movies to a personal computer.

As Netflix digs itself into a deeper and deeper hole, first hiking prices and then announcing that it would split its service in two, customers are becoming more and more disgruntled. According to new statistics from Frank N. Magid Associates, nearly one-third of Netflix users are seriously considering dropping the service.

The Netflix-Qwikster split looks like a major FAIL for the company, and Break Media has released a song to mark the occasion—the Netflix Fail Song.

Amid falling stock prices and rising customer outrage, Netflix has taken a calculated move to better their business and perception by splitting the company into two business, introducing the oddly named Qwikster.