Subscribers Flee Netflix - Spokane, North Idaho News & Weather KHQ.com

Subscribers Flee Netflix

HUFFINGTONPOST.COM - The exodus from Netflix has officially begun.

Netflix, in a note to investors, has said that they are set to lose about one million more subscribers than they thought they would following the big price change of July 2011.

The revised estimate breaks down like this: On July 25th, Netflix expected to have 10 million streaming-only customers, 3 million DVD-only customers and 12 million with both; now they expect to have 9.8 million with streaming, 2.2 million with DVD only and (still) 12 million with both. Effectively, Netflix had projected 25 million users at the end of this month; now they think they'll have 24 million users. >>>CLICK HERE FOR MORE

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