Netflix Deflects Rage Over Price Increase

oxide7 writes "Netflix provoked an unprecedented outpouring of backlash across the Internet as the company unveiled plans to raise prices on its movie-rental services. The company said it would raise the Internet-plus-DVDs-in-the-mail plan from $9.99 per month to $15.98 per month late Tuesday sparking protests and rage across the subscriber base. Netflix brushed off the criticism however. 'We knew there would be some people who would be upset,' company spokesman Steve Swasey said. 'To most people, it's a latte or two,' he added."

Comments

Re:No rage, just a lost customer.

[MobileTatsu-NJG]

Wake up and smell the cash grab.

Heh yeah, back in my day big successful companies were philanthropic.

Re:No rage, just a lost customer.

[hal2814]

Whatever. Just eat one fewer of those tiny spoonfuls of caviar or drink one less glass of Dom. Or if you don't want to skimp there, light your Cuban cigars with $1 bills instead of $5 bills now. You can cover the difference with the change left in your swim trunks after swimming in your money bin. Why are we complaining about such a small price increase?

Re:No rage, just a lost customer.

[ThanatosMinor]

Wait, so competition increases prices for the consumer? Sometimes I wonder what the Invisible Hand is doing while I'm watching the other one take my money.