25.01.2012 23:05 Uhr, Quelle: MacNN

Netflix profit shrinks in wake of price, Qwikster fiascos

Netflix saw the fuller consequences of its more controversial decisions on Wednesday with results from the fall. The company added more streaming customers than it expected, 220,000, but the "continued impact" of its price hike for those keeping DVDs and streaming led to it shedding 2.76 million disc subscriptions. These, along with the costs of expansion outside of the US, dragged Netflix's profit down 13 percent year over year to $41 million.

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