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Netflix to raise price for Blu-ray access
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The following comments relate to this news article:
article published on 22 April, 2008
Claiming increasing retail and wholesale price, Netflix has officially announced that it will be adding a "modest monthly premium" for access to the rental company's Blu-ray catalog.
Confirming what was implied by Netflix's first quarter earning calls, President and CEO Reed Hastings made the announcement official.
"Purchasing Blu-ray DVDs costs more both at retail and wholesale than ... [ read the full article ]
Please read the original article before posting your comments.
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Junior Member
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22. April 2008 @ 18:27 |
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Typical. I'm surprised they didn't do this ages ago. I wonder, will Blockbuster use this as an opportunity to take some customers from Netflix?
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AfterDawn Addict
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22. April 2008 @ 18:36 |
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In a recession, they raise prices? Who do they think they are, the oil companies ?
This message has been edited since posting. Last time this message was edited on 22. April 2008 @ 18:38
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tripplite
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22. April 2008 @ 18:58 |
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i think it has to do with the fact that there are so few blu ray players around.....this isn't good for sony though LOL!
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22. April 2008 @ 19:00 |
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Originally posted by iluvendo:
In a recession, they raise prices? Who do they think they are, the oil companies ?
Bingo key word Recession........
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OzMick
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22. April 2008 @ 19:29 |
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They didn't do it ages ago, because Sony/BluRay still had some competition to undercut. But of couse, despite all the anti-consumer practices that Sony lives by, very few people ever seem to remember beyond a week or two how much they've been abused, so Sony keeps getting away with it time and time again...
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22. April 2008 @ 19:32 |
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Originally posted by iluvendo:
In a recession, they raise prices? Who do they think they are, the oil companies ?
Almost as bad...they're big media.
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AfterDawn Addict
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22. April 2008 @ 20:05 |
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I have been using Netflix for some time now. Never rented a Blu Ray/HD DVD disc, not into it yet, but somehow, don't know why, I thought they would be a bit more expensive, a different plan or something. To be honest, from a business point of view,the move to increase the fees for Blu Ray rentals makes sense to me. Everywhere and with everything, the extra service/quality, etc...is taxed extra. I am surprised too that the price was and still is same as for DVDs.
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Senior Member
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22. April 2008 @ 21:05 |
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Maybe in a few months prices will come back down, however, I would think if Sony really wants 50 percent market share they would lower the wholesale price (I assume a wholesale price increase is due to Sony since they control the BDA) and consequently lower the retail cost.
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atomicxl
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22. April 2008 @ 21:10 |
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Originally posted by cyprusrom:
I have been using Netflix for some time now. Never rented a Blu Ray/HD DVD disc, not into it yet, but somehow, don't know why, I thought they would be a bit more expensive, a different plan or something. To be honest, from a business point of view,the move to increase the fees for Blu Ray rentals makes sense to me. Everywhere and with everything, the extra service/quality, etc...is taxed extra. I am surprised too that the price was and still is same as for DVDs.
I remember looking into how much it cost to add HD-DVD to your service and was really surprised they were doing it for free. It makes sense though. The discs do cost more, so the service to get them should cost more. You don't expect to rent a Bentley for the same price as a Civic. Be happy that for some reason, your rental company was letting you do that for a while.
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juankerr
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22. April 2008 @ 21:21 |
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This is completely expected and should surprise no one. My local Blockbuster charges an extra $1 to rent BluRay (and even HD DVD - when they still had them.)
If this means I can get more "Available Now" rather than "Very Long Wait" in my BluRay queue then I don't mind paying a few extra bucks.
Quote:
Maybe in a few months prices will come back down, however, I would think if Sony really wants 50 percent market share they would lower the wholesale price (I assume a wholesale price increase is due to Sony since they control the BDA) and consequently lower the retail cost.
The BDA doesn't control software prices. The studios can set the MSRP for each title that they release.
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Member
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22. April 2008 @ 21:35 |
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What would Blockbuster do without these guys?
Netflix has (or had) the better business model, better delivery, better titles, fresher physical inventory.
Blockbuster is on the edge of oblivion, yet doltish decisions like this keep them alive.
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AfterDawn Addict
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22. April 2008 @ 22:39 |
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Originally posted by OzMick:
They didn't do it ages ago, because Sony/BluRay still had some competition to undercut. But of couse, despite all the anti-consumer practices that Sony lives by, very few people ever seem to remember beyond a week or two how much they've been abused, so Sony keeps getting away with it time and time again...
this is the zombie consumer mentality that will guy features options and everything consumer friendly in the media industries, when the sheeple care not for being raped in the bum while their wool is stolen then who is to stop the black booted rapists...why its the black paint tinfoil that wearing sheeple of coarse.
Worlds near their end when the sane become complacent to madness and the crazy speak truth and reason.
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Senior Member
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22. April 2008 @ 22:40 |
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Originally posted by juankerr:
The BDA doesn't control software prices. The studios can set the MSRP for each title that they release.
Studios may set MSRP for the retail stuff they release but if wholesale prices increase there has to be a reason for it. I think that if studios are increasing the wholesale price of the disks thats got to be tied to an increased cost to Blu disk production, probably due to a price increase from Sony or another member of the BDA.
However, I admit I am just speculating. It just seems odd to not point the finger at BDA members when the wholesale costs of disks increase, when in fact they should be decreasing unless production is starting a decline.
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error5
Senior Member
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22. April 2008 @ 23:00 |
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Originally posted by Pop_Smith:
It just seems odd to not point the finger at BDA members when the wholesale costs of disks increase, when in fact they should be decreasing unless production is starting a decline.
The BDA doesn't set the price of disc mastering, authoring and replication.
Each studio is free to choose which mastering facility they use. They're free to choose which authoring service gets to do their releases. They're free to choose which replication facility gets their order. In the US for example, the main replication facilities are CINRAM in Olyphant, PA, and Sony's DADC sites.
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OzMick
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22. April 2008 @ 23:08 |
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Quote:
Originally posted by OzMick:
They didn't do it ages ago, because Sony/BluRay still had some competition to undercut. But of couse, despite all the anti-consumer practices that Sony lives by, very few people ever seem to remember beyond a week or two how much they've been abused, so Sony keeps getting away with it time and time again...
this is the zombie consumer mentality that will guy features options and everything consumer friendly in the media industries, when the sheeple care not for being raped in the bum while their wool is stolen then who is to stop the black booted rapists...why its the black paint tinfoil that wearing sheeple of coarse.
Worlds near their end when the sane become complacent to madness and the crazy speak truth and reason.
I don't care if people think I'm a raving loony in general, but this isn't a case of paranoia in bagging Sony, it is a case of standing up for your rights as a human being, and Sony (among a few other large corporations) doesn't care about anybodys at all, it is all about making a dollar at any cost, plain and simple. Anyone care for a rootkit?
And why decrease prices when you've just created a monopoly over the HD market? This is just the same cutthroat tactics happening every day across the world: the bigger company can force out competitors by selling at a loss for longer, then prices end up higher than they were in the first place to compensate and recoup losses. Business ethics are for chumps I guess.
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AfterDawn Addict
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22. April 2008 @ 23:13 |
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Originally posted by OzMick:
Quote:
Originally posted by OzMick:
They didn't do it ages ago, because Sony/BluRay still had some competition to undercut. But of couse, despite all the anti-consumer practices that Sony lives by, very few people ever seem to remember beyond a week or two how much they've been abused, so Sony keeps getting away with it time and time again...
this is the zombie consumer mentality that will guy features options and everything consumer friendly in the media industries, when the sheeple care not for being raped in the bum while their wool is stolen then who is to stop the black booted rapists...why its the black paint tinfoil that wearing sheeple of coarse.
Worlds near their end when the sane become complacent to madness and the crazy speak truth and reason.
I don't care if people think I'm a raving loony in general, but this isn't a case of paranoia in bagging Sony, it is a case of standing up for your rights as a human being, and Sony (among a few other large corporations) doesn't care about anybodys at all, it is all about making a dollar at any cost, plain and simple. Anyone care for a rootkit?
And why decrease prices when you've just created a monopoly over the HD market? This is just the same cutthroat tactics happening every day across the world: the bigger company can force out competitors by selling at a loss for longer, then prices end up higher than they were in the first place to compensate and recoup losses. Business ethics are for chumps I guess.
Its a reasonable hypothesis, but I would like the prices to go up more before I would say they are doing this, prices are going up across the board in the US due to gas prices going unchecked and undealt with.
I feel this is just a move by NF to secure their HD library, BR discs are 10-30$ more than the DVD counter parts more often than not. time will tell for the reason, for now lets wait and see what more people in and around the industry say.
Copyright infringement is nothing more than civil disobedience to a bad set of laws. Lets renegotiate them.
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Junior Member
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22. April 2008 @ 23:19 |
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Originally posted by tripplite:
i think it has to do with the fact that there are so few blu ray players around.....this isn't good for sony though LOL!
so few in FACT that netflix feels they can make money on so "few" of us.
If they weren't buying so many Blu-Ray discs to supply so "few" people, this article wouldn't even exist.
... an ironic comment to say the least.
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AfterDawn Addict
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22. April 2008 @ 23:28 |
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Quote:
Originally posted by tripplite:
i think it has to do with the fact that there are so few blu ray players around.....this isn't good for sony though LOL!
so few in FACT that netflix feels they can make money on so "few" of us.
If they weren't buying so many Blu-Ray discs to supply so "few" people, this article wouldn't even exist.
... an ironic comment to say the least.
if you stop and think about the coming growing demand, they are just getting their ducks lined up so when theres a higher demand for BR movies they can lower the price on rentals.
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Senior Member
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23. April 2008 @ 03:00 |
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Originally posted by error5:
The BDA doesn't set the price of disc mastering, authoring and replication.
Each studio is free to choose which mastering facility they use. They're free to choose which authoring service gets to do their releases. They're free to choose which replication facility gets their order. In the US for example, the main replication facilities are CINRAM in Olyphant, PA, and Sony's DADC sites.
Ok, well I guess I stand correctly then. However, it still makes me wonder why wholesale prices would increase unless manufacturing is decreasing. Although I guess the replication facilities could hike prices just to earn more money, even if replication costs are falling.
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nobrainer
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23. April 2008 @ 03:18 |
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Quote:
consumers are used to paying more for high-definition content
get them used to paying a high price and let the profits roll in eh! the great consumer rip off yet again.
stick with dvd's ppl.
This message has been edited since posting. Last time this message was edited on 23. April 2008 @ 03:23
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Junior Member
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23. April 2008 @ 06:18 |
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This sucks. I already pay $30-$35 bucks to buy high-def and now i'm going to get charged extra to rent them. I guess i'm not surprised.
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Member
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23. April 2008 @ 06:53 |
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Originally posted by hulud86:
This sucks. I already pay $30-$35 bucks to buy high-def and now i'm going to get charged extra to rent them. I guess i'm not surprised.
Use Amazon Bro there prices you can't beat or if you got to have it now go to any Wal-mart B&M store there cheaper than BB & CC.
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Moderator
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23. April 2008 @ 10:00 |
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Why/How the hell do people equate this to being a SONY responsible thing? Seriously. This is about NETFLIX raising their prices! NOT SONY. This is the reason why I stick with Blockbuster for my rentals online & in store, as it gives me MUCH more options. Also not every Blockbuster charges extra for BD movies, that is a store by store case basis as they are a FRANCHISE and the owners have the right to adjust prices to what they want/see fit (to an extent). The BB's near me DO NOT charge additional for BD vs DVD and they even have the same time rental lengths (new release 2 1/2 days, old ones 7 days).
Some people here REALLY need to get off their "Everything is SONY's fault" kick and grow up already.
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r0b0t3ch
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23. April 2008 @ 11:13 |
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---- and consumers are used to paying more for high-definition content in every other channel, including video rental stores, video-on-demand, and cable channels," Hastings added.----
WRONGE STATEMENT TO MAKE FUKKO!!!!!
So being "used to it" entitles them to screw customers even more???? Next they will say "we're defrauding them now, so they're used to it and we'll just defraud them more and to a greater extent" I don't think so MoFo. How about this................maintain some integrity of doing business and recognize that while Blu-ray does cost a bit more...........and only a bit, it is a format that the industry is DESPERATELY trying to make "standard"......especially SONY. Of course it's more costly than standard DVD. EVERYTHING IN THIS FRAKKIN' WORLD THAT IS NEW IS MORE THAN THE OLD. Not a new concept people. Some things should be recognized as a "different situation" than others. In this case, they're still 'disc format' using 'lasers' to encode '1s and 0s'. Modern business SUCKS! and more so in America than any other country. Starting to not like my country in a big way.
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23. April 2008 @ 11:26 |
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Originally posted by Oner:
Why/How the hell do people equate this to being a SONY responsible thing? Seriously. This is about NETFLIX raising their prices! NOT SONY. This is the reason why I stick with Blockbuster for my rentals online & in store, as it gives me MUCH more options. Also not every Blockbuster charges extra for BD movies, that is a store by store case basis as they are a FRANCHISE and the owners have the right to adjust prices to what they want/see fit (to an extent). The BB's near me DO NOT charge additional for BD vs DVD and they even have the same time rental lengths (new release 2 1/2 days, old ones 7 days).
Some people here REALLY need to get off their "Everything is SONY's fault" kick and grow up already.
I use blockbusters B&M all the time & the price & dates are the same here also in NC.
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