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Thursday, September 8, 2011

Cramer on Netflix Price Hike [NBC 7-14-2011]

Netflix raises price 60% to move more toward streaming service. I think all people in production and film should take note. More and more entertainment content is being downloaded or streamed. Meaning that the DVD's and CD's days are numbered and maybe even movie theaters. As Cramer notes the price change created an uproar http://www.youtube.com/watch?v=EpKGHOvqsFc and this seems to be the most popular of the youtube rants and this video posted by a customer http://www.youtube.com/watch?v=TvSx-d5AXtU has over 2,000 views .

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