Netflix Lost 800,000 Subscribers This Quarter
The losses were larger than management had previously warned. The unwelcome surprise, contained in financial results released on Monday, was compounded by a forecast calling for millions of Netflix Inc's DVD-by-mail subscribers to cancel the service in reaction to dramatic price increase that took effect last month.
Despite the loss in subscribers stateside, Netflix is still said to be the biggest single source of North American web traffic, accounting for 24.71 per cent of use.
DAMN! 24.71% of North American web traffic is watching streaming movies -- that's nuts! I'd like to see the breakdown for the rest. "75% porn, 0.23% work." And what about Geekologie?! "You're like that last little drop of pee that comes out of your wiener even after you shake it." Awwwww, you mean it?
Thanks to Karsten, who watches his movies the old fashioned way: in black and white and silence. Ooh ooh -- I know this one. A penguin!