From the this-should-come-as-no-surprise department: Netflix said today it underestimated how many people would be turned off by its decision to raise prices.
The Web's top video rental service said on July 25 that it expected to report 25 million overall subscribers for the third quarter after doing away with a popular hybrid subscriber plan that gave customers access to DVDs as well as the company's Internet-streaming service for $10 per month. But Netflix has now lowered those expectations to 24 million.
Netflix split DVD rental and the streaming service into separate plans, each costing $8 a month. Seeing … Read more