Follow up on a previous posting re: the Netflix settlement debacle.
Netflix Mulling Revision to Settlement
Hoping to satisfy federal regulators, Netflix Inc. appears ready to revise a proposed class-action settlement so 6 million consumers eligible for a free sample of its online DVD rental service aren't automatically charged after the one-month offer expires...Four months after the suit was filed, Netflix changed its terms of use to acknowledge it sometimes delays shipments to frequent renters so it can give priority to customers who keep their movies longer. The practice, derided as “throttling” by its critics, helps Netflix boost its profits.
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The proposed settlement has also come under fire because the attorneys who filed the suit will receive $2.53 million -- 64 percent of the $3.98 million that Netflix expects to spend on the deal.Gutride and Seth Safier, another attorney in the case, maintain the settlement is worth $85.5 million if everyone eligible accepts Netflix's free DVD offer. The attorney say they deserve to be paid $2.53 million because they have spent more than 2,100 hours working on the case.
and the Tribune article links to http://www.netflixsettlementsucks.com/, strangely enough.
