In The News 10-28-2011
Your Weekly Update In The World Of Technology
Netflix Is A Sinking Ship
That’s what the numbers are telling us at least. In the most recent quarter, Netflix has lost 800,000 U.S. subscribers to its popular movie subscription service. This news follows up a quarter in which Netflix raised its price and renamed its movies-by-mail service to Qwikster (and changed it back again), leading to a complete PR disaster for the company.