Netflix Almost Died in 2011. Its Big Mistake Was Right.

How did Netflix survive Qwikster? In 2011 Netflix lost 800,000 subscribers and about 75% of its stock value. This is the story of the price hike, the Qwikster split, Reed Hastings' apology, and the House of Cards comeback. #Netflix #Qwikster #Streaming #BusinessHistory #RiseAndRuin Chapters: 0:00 Intro 0:40 On Top of the World 1:21 The Price Hike 2:17 Qwikster 3:46 The Bill Comes Due 5:13 The Bet Nobody Noticed 6:20 The Comeback 7:32 The Lesson Subscribe for more.