Comment Re:Unfortunate (Score 1) 360
What I don't understand is why Hastings believes that the major studios will allow Netflix to operate the online distribution at the price levels consumers demand.
Might not the recent price increase be an indication that Hastings knows full well that the studios are determined to get more money out of streaming? Megan McArdle recently wrote an interesting piece about this very topic. Faced with choosing among only bad alternatives, it's no surprise that Netflix picked a bad one.