A few weeks back, Netflix announced a change in service and fees for its streaming and dvd rental service. The stock price has multiplied 6 fold ($$$) since 09 and was facing incredible opposition and cancellation of service as a result of the reorg of the dvd/online streaming services. Talk about poor market orientation! Since July the share price dropped 53% and finally (after several subscribers wailed) Netflix has taken attention and is making changes- well not really, they’re just announcing a “I take that back.” Now, subscribers will be able to use both services under 1 account and 1 password. The people spoke and Netflix listened, after it lost more than half its value since July, of course.
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