Let's see if Netflix CEO Reed Hastings can make it out of the company before the screen door hits him.
- Strike One: Raise prices too fast too soon and without believable explanation. Lose 1 million customers.
- Strike Two: Walk away from negotiations with 1st run content provider Starz.
- Strike Three: Further confuse your customers by splitting your business into separate content delivery models.
Result? Piss off your customers long enough and you'll eventually piss off your share holders that don't like watching their investments fall by nearly 50% in 8 weeks.
I predict more hemorrhaging is on the way. Usually the only thing that'll slow the bleeding it is announce the person that keeps driving into the ditch has been told to let go of the wheel and get out of the car.
1 comment:
maybe Carl Bartz should be hired as the new CEO. I hear she might be available.
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