Yeah it became one of those cliches everyone repeats about it being 'the Qwikster debacle'. Complete nonsense. They discounted streaming to move their customer

Yeah it became one of those cliches everyone repeats about it being 'the Qwikster debacle'. Complete nonsense. They discounted streaming to move their customer base into it, and that created a deficit when they had to charge for it. There was gonna be pain. If you look at the numbers, they had returned to full growth and higher subscriber numbers within 9 months but now completely butterflied into a streaming company ready for the future. Only thing I think it might have hurt a bit is that Netflix remains too low a price IMO.