Netflix shocked Wall Street last week by cutting its subscription prices to $17.99 from $21.99, and announcing it would run at break-even next year in order to fund a push to reach 4 million subscribers by the end of 2005.
The move prompted Blockbuster to undercut its main rival by slashing subscription rates for its two-month-old online service to $17.49 from $19.99.
I subscribe to Netflix...that would be welcomed price cut...since they just raised rates about 6 months I guess.
Tuesday, October 19, 2004
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment