🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Jaswanth Jegan

Founder-Hexpertify.c... • 1y

"Netflix lost almost a Million Subscribers" Bankruptcy to Billions #7 Netflix turnaround from significant crisis In 2011 Netflix announced a change in its pricing and subscription plans. Initially customers could subscribe both DVD rentals and streaming for a single price then netflix split them into separate plans. For the customers who wanted both subscription it was a 60% hike in price.This decision was met with backlash from customers leading to a significant crisis for Netflix. More subscribers cancelled their subscription in protest against the price hike they almost lost 80 lakh subscribers.Their stock plummeted by 75% resulting in billions of dollars in market value loss. Netflix ultimately apologized for the changes and they shifted to invest heavily in original content production to produce value for the price.Over time, Netflix managed to regain some subscribers through successful original content releases like "House of Cards" and "Orange is the New Black."

9 Replies
3
11
Replies (9)

More like this

Recommendations from Medial

Image Description
Image Description

Vishu Bheda

 • 

Medial • 1y

In 2001, Netflix begged Blockbuster to buy them for $50 million. But Blockbuster laughed at them. Today, Netflix is worth over $350 billion—and no one remembers Blockbuster. Here’s how that rejection ignited one of the greatest business comebacks

See More
13 Replies
10
22
Image Description
Image Description

Mohammed Zaid

building hatchup.ai • 5m

Guyss theres a girl in twitter who has subscription for her membership , idk what she does but charges 300 and there are 7000+ subscribers

5 Replies
9
Image Description
Image Description

Mohammed Zaid

building hatchup.ai • 4m

MyPickup, a subscription-based electric auto-rickshaw startup, has shut down. Founder Abhijeet Jagtap said he underestimated the capital & time needed, even after 4 pivots. At its peak: ~4,000 rides/month with 19 vehicles & 100 subscribers. Loved by

See More
4 Replies
13
Image Description
Image Description

Shiv Bharankar

 • 

Medial • 1y

Netflix📰 lt’s 2000, and Netflix co-founders Reed Hastings and Marc Randolph offer to sell their fledgling DVD rental business to Blockbuster for $50 million. Blockbuster laughs them out of the room. Fast forward to 2025, Netflix boasts over 238 mil

See More
14 Replies
2
11
Image Description

Varun Bhambhani

 • 

Medial • 15d

Spotify's 2026 US price hike is more than a small increase. The Premium plan now costs $12.99 per month, part of a broader shift in how digital platforms manage pricing and innovation. Spotify says the change supports new personalization tools, excl

See More
2 Replies
3
Image Description
Image Description

Jaswanth Jegan

Founder-Hexpertify.c... • 1y

“Netflix is a Joke” WEIRD Marketing Strategy #15 Out of nowhere mysterious “Netflix is a joke” billboards popped up in busy neighborhoods in Los Angeles and New York. People started talking about these mysterious black and white billboards. Some as

See More
12 Replies
1
28

Sarthak Gupta

17 | Building Doodle... • 9m

I have made a great AI SaaS anyllm.xyz and I am looking people for affiliate marketing. you find subscribers and sell them plus subscription in exchange for a high commission. dm me.

Reply
1
14
Image Description

Varun Bhambhani

 • 

Medial • 11d

JioHotstar's upcoming subscription price hike marks a significant turn in India's streaming landscape. Starting January 28, 2026, the Super plan will rise to ₹1099 annually while the Premium plan will move to ₹2199. The Mobile plan remains unchanged

See More
1 Reply
7
Image Description
Image Description

Shruti

Student • 1y

🚀 Historic Milestone: || SpaceX's 1000th Starlink Mission: Connecting the World || 1000th successful Starlink satellite deployment Global internet coverage reaches 99% Over 42,000 satellites now in orbit ✨Impact: Bridging the Digital Divide • C

See More
8 Replies
2
Image Description

Rajan Paswan

Building for idea gu... • 1y

The Curious Case of Continue Watching! — Netflix In 2007, Netflix noticed a significant trend: many users were immediately clicking "Play" on the next episode of a show they were watching, even late at night. The Key Moment: This behavior wasn't ra

See More
1 Reply
2
10

Download the medial app to read full posts, comements and news.