"Cramer said he expects many technology companies, like Netflix, to be valued significantly higher when companies like Groupon, Twitter and Facebook eventually come public. He said the same trend is happening in China, and the rising tide is lifting all boats."
It's not. I was not warned by Netflix about this price increase. I discovered it by accident. Immediately, I cancelled the DVD mailings. They are so NOT worth double the price of streaming. I will also be shopping around for different streaming video service. Netflix customer support claimed they "sent emails to everybody about this increase," and that "most of our customers are quite happy to remain with our service, and understand our need for this 'slight' increase." HAH!!!! I see that is so not accurate. Who wouldn't be angry at such a drastic increase. Only a profiteer could possibly call over 4 times the price 'slight'!!!