Gear Guide
Fenix PD36 TAC

Father's Day Gear and Gifts
Father's Day Gear & Gifts

OLight Open 2, Obulb and MR2
OLight Open, Obulb & MR2

Netflix's customers are coming back

During the summer when Netflix introduced a price hike people started to ditch Netflix in droves, however, it appears like in Q4 of 2011 that trend stopped and they almost gained enough new customers to offset all of the people who left earlier in the year. Netflix ended 2011 with 24.4 million subscribers in the US and if they can continue to gain new subscribers or bring some of their old customers back they might be able to have a decent year (which wasn't expected). The Huffington Post has the full story.

Netflix has regained almost as many customers as it lost following an unpopular price increase, signaling that the video subscription service is healing from its self-inflicted wounds.

Fourth-quarter figures released Wednesday show Netflix Inc. ended December with 24.4 million subscribers in the U.S., up from 23.8 million at the end of September. That gain of about 600,000 customers compares with the loss of 800,000 subscribers last summer after it raised its U.S. prices as much as 60 percent.