Netflix‘s decision to raise their prices is coming back to haunt them as they seemingly took a hit on Wall Street recently. Netflix ushered in a new era of entertainment when it pioneered the concept of streaming. Its initial batch of original series like House of Cards, Orange is the New Black, and Daredevil put it on the map and changed the media landscape forever, with every studio following suit and beginning a streaming war with new platforms popping up. Despite Netflix spending billions of dollars each year on productions, they are supported by their large subscriber bases and have essentially set the terms for the streaming war. However, the stock market might hint at Netflix losing some control as subscribers are not happy with some of its recent decisions.
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