The Netflix Conundrum: Aftermath

Netflix has shown a drastic decline in subscribers, more than expected.  Either they have something up their sleeve, some hidden power move that will make this all come together, or they are the poster child for Worst Management Ever.

Investors are fleeing Netflix's stock and many subscribers have turned their backs on the Web's No. 1 video-rental service.

Netflix recently recommended 'High Noon' for streaming. Superb movie but 60 years old. Netflix needs more sought-after content.

A combination of skimpy selection in Netflix's Internet-streaming library, problems acquiring content, and an unpopular price increase have led the company's leadership to what appears to be a crucial moment. Observers are beginning to wonder if Netflix's stunning growth of the past two years is coming to an end.

Netflix said today that it expects to report 1 million fewer U.S. subscribers in the third quarter than previously anticipated, a 4 percent shortfall. That number includes almost 800,000 fewer DVD-only subscribers than expected.

I was one of those people. We can't vote to control the country, but mess with our American Idol, dancing star or entertainment, and we are all over that.

Sigh.