they went from 10.50 to 17 on my bill. i will be cancelling soon. the only reason i kept it was the streaming, not the dvd's, but i'll start going to the coinstar machines and get the $1 dvd's. was it worth it to raise the sub prices and lose 1/3 of subscribers and chop about 8bil off the market cap within 2 months. Can't believe the CEO still has his job. by the way, that's why sirius won't raise their sub prices because they know the same would happen to them. They want to but they know better. See you at $65 real soon.
I have cable and pay $212 per month. For that money i get internet, phone and cable. If i want to rent a movie it costs $4.99 on top of my bill. With most of the movie channels, i get to watch the same movies over and over again, maybe one or two new movies a month. The DVD rentals were cheap and are not very profitable, if you lose a million subscribers who bring no profit to the bottom line, so be it. Go to Redbox and remember you're using time and gas to get there! I don't know where you live but when it gets cold and snowy here in New England i prefer to have it streamed or get from my mailbox. As far as i'm concerned it's still the best deal around. This whole panic is like chicken little running around screaming "The sky is Falling".
In 03 I traded HealthSouth to a nickel a share. Started accumulating at 4 and doubled down every 25%. Sold it in 04 for 18 a share and it ended up going to 30. A friend invested $2000 at .05 and sold at 25.
they have lost over 8 bil almost instantly off their market cap, how do you justify that. how long before the price increase on reduced subs replaces over 8 bil. frickin unbelievable to do something that drives your stock from 300 to under 100 in such a short time, yes by next week under 100 imo....