Netflix not listening to their customers

[makeusleep]

It seems as though Netflix does not want to order more Blu-Ray titles in spite of their customers. I am not suprised by this action, on March 26, 2007, Founder and CEO of Netflix Reed Hastings joined the Board of Directors at Microsoft.
http://www.microsoft.com/presspass/b...s/default.mspx

With Microsoft's money and influence it seems as though Netflix and Reed Hastings do not care what their customers want. Instead they are telling us to go buy a LG box so we can download 720p and Dolby Digital.

"Reed's track record for delivering innovative and disruptive technologies to market is very impressive," said Microsoft chairman Bill Gates. "With his rich consumer and technology background, he will be a tremendous addition to our board."

"There are very few companies that rival Microsoft's impact on the way millions of people live, work and play around the world," Hastings said. "I look forward to working with Microsoft's esteemed group of board members to help shape the direction of the company as it continues to tackle the biggest industry challenges and opportunities."
http://www.hackingnetflix.com/2007/0...x_ceo_ree.html

If you recall Netflix stock plunged back in July 2007...
"For the first time in their eight-year history, Netflix (NFLX) subscribers declined in numbers for a quarter. As of the end of June, the company lost 55,000 customers from the beginning of April."
http://www.bizofshowbiz.com/2007/07/...r_answers.html


So it looks like Netflix could care less what its customers want and with Microsoft is trying to force customers to choose a certain product. I would suggest buying put options on Netflix stock and canceling your subscription. Maybe that will send a message to Mr. Hastings.