Netflix Loses 800,000 Customers in 3 Months

Tuesday, 25 October 2011 | by Pat's Picks

Will anything ever go right for Netflix? The company’s stock took another nosedive yesterday, losing 26 percent of its value in the late afternoon. As one insider put it: Netflix has “destroyed this brand and the entire business faster than it took for me to return the ‘Godfather III’ DVD that’s sitting in my living room.”

SOURCE: San Jose Mercury News