Netflix raising subscribers, fees, and ire to new levels

Netflix

Will Netflix become jacked up?

Like a Swiss-made utility knife, video streaming service Netflix (NASDAQ:NFLX), has a tool for every job. Need to keep shareholders happy? Add 4 million customers. Need money to pay for content and custom programming? Increase prices. Need a screed on the sorry condition of American DSL and network neutrality? Write angst-ridden comments in a quarterly shareholder letter.

In IT Blogwatch, bloggers take in everything at once.

Filling in for our humble blogwatcher Richi Jennings, is a humbler Stephen Glasskeys.

 

Susie Ochs hikes up the coast:

Netflix announced its financial results for the first quarter of 2014 on Monday, adding 4 million...subscribers.

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But to keep those revenue numbers up...and pay for original programming, some of you may have to pay a little more for your streaming fix, to the tune of an extra buck or two per month.  MORE

 

But Shaun Nichols moves in an opposing direction:

[Netflix] has officially come out in opposition of a potential merger between Comcast and Time Warner.

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The objection...comes alongside an announcement that [Netflix] will be raising [prices] for new customers by one to two dollars per month, depending on country.  MORE

 

Straight from the horse's mouth:

We ended Q1 with over 48 million global members, and topped $1 billion in quarterly streaming revenue. We had higher domestic net additions than in Q1 2013...and a big hit with Season 2 of House of Cards.

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[Customer] comments on AT&T's anti-Netflix blog post indicate that AT&T customers expect a good quality Netflix experience given how much they pay AT&T for their Internet service. It is free and easy for AT&T to interconnect directly with Netflix and quickly improve their customers' experience, should AT&T so desire.  MORE

 

A strong customer, Richard Lawler pushes big questions:

The big question for Netflix? Now at 48 million customers strong...can it push through a price hike without the customer losses it experienced the last time it changed pricing?  MORE

 

And Casey Johnston reads a letter:

Netflix states...that its service will be coming to cable boxes in Europe. Cable services that user TiVo boxes will get Netflix first, with non-TiVo providers following.

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Comcast has responded to Netflix claiming that the opinions in the shareholder letter are not based in fact: "Netflix's opposition to our Time Warner Cable transaction is based on inaccurate claims and arguments. [We] are the only ISP in the country that is currently legally bound by the FCC's vacated net neutrality rules."  MORE

 

We find Janko Roettgers thinking inside the box:

Netflix wants to bring its streaming service to set-top boxes leased by U.S. pay TV operators this quarter. In its [shareholder letter], the company announced that it will first launch on TiVo. ... Netflix also said that it will "try to extend to non-TiVo devices" after rolling out on TiVo boxes.  MORE

 

Meanwhile, Anthony Ha isn't laughing:

Earlier this year, [Netflix] said it was experimenting with different pricing tiers, adding that it hadn't settled on anything and that there would be "generous grandfathering" for existing members.

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Netflix infamously hiked up prices for its combined DVD and streaming video plan back in 2011, leading to its abortive Qwikster initiative.  MORE

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