Netflix Loses 800k Subscribers

Posted on October 25, 2011 by

Bad news this

“Unhappy Netflix customers voted with their wallets, with the video-rental company dropping 800,000 U.S. subscribers in the third quarter after an ill-advised decision to split apart its DVD-plus-streaming plans — and the company anticipates shedding at least 2.6 million DVD accounts in the fourth quarter.”

Read the full story here.

(via Multichannel News)

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This entry was posted in Film News, Streaming Video Services and tagged , , . Bookmark the permalink.

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