Netflix had their earnings call today which revealed some interesting information. It was predicted that Netflix would lose up to 1 Million subscribers this year due to price changes and it appears that the numbers were true. Netflix's figures show a loss of 800,000 subscribers over the last quarter while subscriber numbers were still up 42% yearly. Netflix subscriber losses are down 145% from the last quarter and are expected to continue to fall as users leave the service because of recent pricing changes and loss of confidence in the company. Netflix recently split its DVD service from Streaming and made a company called Qwikster and has since reverted to its original model and cancelled the Qwikster plans.
So this might seem like a very funny word and one that you have never heard before. Yeah it’s a word that is fictitious but has a lot of meaning, Gamer-conomy. In today’s market with high unemployment rates, struggling families, college debt, and more it’s tough to be a gamer and be able to play the games you want when they are still relatively new. I am a thrifty shopper and anyone of my friends and family will tell you right away that I find deals and find them to benefit me, with video games. I don’t spend a lot and I play most of the games that I want right at, or shortly after, the launch date. This is because I have learned to adapt in the gamer-conomy. I will be the first to tell you that I am a father of two, married, work forty hours a week, and just finished my Bachelor’s Degree in Video Game Art and Design. While time is the biggest hurdle in getting my game time in, financials are too. I have sought the deals, and found a good formula to getting stuff I want. Did you ever hear the story of the man that turned a paper clip into a house? Well that’s gamer-conomy in a nutshell, obviously on a much smaller scale. While we’re not trying to trade a copy of Halo for a Ferrari; we are trying to turn a couple games we don’t play into that new blockbuster that just hit store shelves. How is this done you might ask? Well I’ll give you some tips of the trade and with time, and patients you’ll get to the point where you’re paying $20 for that $60 game.