After the big hit to the Netflix stock, the popular DVD rental company had to rethink it's strategy a bit. They have decided to rename their home delivery service and add the option of renting video games.
NetFlix is feeling the burn of their price hick now. As of yesterday they had lost over half a million subscribers and found their stock had dropped 60 percent.
AT&T was the first to drop unlimited data plans from their cell phone offerings, then Verizon followed suit. The next shoe has now dropped with AT&T now saying that they will throttle data speed on the top 5% of cell phone data users. So if you listen to Pandora at work or watch Law and Order on Netflix at the State Offices, you won't be for long.
If you're a Netflix user like me, you know you can enjoy a lot of movies and TV shows that are available on DVD to rent or buy. And the convenience of Netflix makes it easy to watch them for a low price each month. Now, Netflix is shifting gears and could change the face of entertainment.
February 17, 2011 Since Blockbuster and other movie rental places are all out of business now, when you want to watch a new movie, you have to rely on either Netflix or Redbox. It was announced earlier today that Redbox is going to start offering a subscription-based internet streaming service, which will greatly increase the rivalry between it and Netflix.
