Netflix has been in the news for the past few months and not for the best reasons. Following the price hike, the plan to split the streaming and DVD mailing service along with the reversal of the plan has left many customers upset, flustered and just plain confused. The service, which saw a constant rise of new subscribers and content, seemed to collapse under the weight of its own success. It is a shame that such a company was forced to make these decisions and leave a bad taste in their customers’ mouth. However, the price hike, while unfortunate, was necessary, as Netflix’s cost to get content was raised from 180 million dollars in 2010 to 1.98 billion in 2012 according to CNN. The plan to split into two different companies was less of a good idea, so while DVD rental will eventually be replaced by streaming, it won’t happen for a while, so splitting the company now just doesn’t make any sense.
Incresing cost due to deals with mivie studios is one of the reasons for the price hike, according to CNN. Photo courtesy of official website
Even with all these headaches, the only way the service should be measured is the amount of content you get per dollar, and honestly, it’s hard to find a better deal. For eight dollars a month you get access to thousands, if not tens of thousands of hours of content, with a wide variety of both old and relatively new TV shows and movies in every genre. The amount of content is staggering. Personally, I’m still trying to get through 11 seasons of Cheers, which I started all the way back in July and have yet to finish. Netflix streaming is one of the best deals out there, and even with the price hikes and company changes, I will continue to be a subscriber as long as new content keeps coming in. Even though they are losing Starz, its only link to more recent content, at least Netflix will air new episodes of Arrested Development in 2013, and if that isn’t a reason to stay I don’t what is.
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