According to Netflix CEO Reed Hastings, people weren’t as pissed off as he thought they would be.

During Netflix’s earning call yesterday, Hastings had this to say about the backlash from the price hike –

"Believe it or not, the noise level was actually less than we expected, given a 60 percent price increase for some subscribers. We knew what we were getting into, we tried to be as straightforward as we could, and that has worked out very well for us."

So Hastings knows that it was a huge change. That fact isn’t lost on him. But he seems to think that they can weather the storm.

Source:WebProNews