# Netflix loses Starz

**URL:** <https://boards.straightdope.com/t/netflix-loses-starz/594911>\
**Category:** Cafe Society\
**Created:** [September 2, 2011, 2:13am UTC](https://boards.straightdope.com/t/netflix-loses-starz/594911 "2011-09-02T02:13:25Z")\
**Posts on this page:** 1\
**Page:** 3

<div class="post-metadata">

**Author:** ![amarone](https://avatars.discourse-cdn.com/v4/letter/a/e0b2c6/32.png) [@amarone](https://boards.straightdope.com/u/amarone)\
**Post date:** [September 15, 2011, 2:51pm UTC](https://boards.straightdope.com/t/netflix-loses-starz/594911/41 "2011-09-15T14:51:44Z")

</div>

Netflix shares are [getting hammered today](http://www.marketwatch.com/story/netflix-slides-on-reduced-subscriber-growth-2011-09-15?siteid=yhoof) following their issuing revised (downwards) subscriber estimates.

> [@](#):
>
> Shares of Netflix NFLX slid more than 13% in early trades to $181 — putting the stock below the $200 for the first time since March. The shares are down more than 40% since peaking above the $300 mark in mid-July.
> 
> The drop came after the company issued a statement that reduced its subscriber forecast for the third quarter. The company expects about 1 million fewer subscribers for the period than it did in its initial forecast, given during its last earnings report on July 25.
> 
> The change includes the effect of a hike in rental fees that takes effect this month. Netflix expects the biggest change to the base of subscribers using only its mail-order DVD service; total domestic subscribers to the DVD-only plans are 27% lower than the company’s initial forecast of 3 million.

[Previous page](https://boards.straightdope.com/t/netflix-loses-starz/594911.md?page=2)