Reply With QuoteYeah, I'll probably do the Red Box / streaming combo or go back to buying DVDs. I'm one of those people who keeps 1 DVD for months at a time.
This had to happen eventually.
I was initially going to drop this in the netflix thread but it may have gotten missed:
LOS ANGELES (Reuters) - Netflix Inc hiked monthly prices for customers who use both its mail and online services, a move that could steer users toward its growing Internet streaming service.
The company said it was raising by 60 percent the monthly price of a plan that lets subscribers watch unlimited movies and video online and get DVDs by mail.
Customers in the United States who want both services will pay $7.99 per month to rent one DVD at a time plus $7.99 for unlimited streaming, or a total of $15.98 per month, the company said on Tuesday. The previous cost of this plan was $9.99 a month.
The changes take effect immediately for new subscribers, and in September for current customers.
Netflix, the top movie rental service with 23 million subscribers, recently has focused on its streaming service for televisions and mobile devices and downplayed its business of mailing DVDs in red envelopes.
The company faces growing costs for mail shipping and building its streaming library plus competition from online players such as Amazon.com Inc and Hulu.
The company separated the pricing for mail and streaming services "to better reflect the costs of each and to give our members a choice," Netflix Vice President of Marketing Jessie Becker wrote on a company blog post.
The company also said it saw continued demand for DVDs.
"Given the long life we think DVDs by mail will have, treating DVDs as a $2 add on to our unlimited streaming plan neither makes great financial sense nor satisfies people who just want DVDs," Becker wrote.
Merriman Capital analyst Eric Wold said he thought the company was aiming to "steer people away from DVDs" by raising the cost for the combined service.
The $6-per-month price hike could lead some customers to downsize to a streaming-only plan and perhaps visit a Coinstar Inc Redbox kiosk for an occasional DVD, said Wold, who has a "neutral" rating on Netflix shares.
Netflix said its $7.99 option for one DVD at a time was its lowest price ever for DVD-only service. The company also said it was creating a separate management team to focus solely on DVDs by mail.
http://news.yahoo.com/netflix-raises...185551496.html
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Yeah, I'll probably do the Red Box / streaming combo or go back to buying DVDs. I'm one of those people who keeps 1 DVD for months at a time.
"Some guy on the net thinks I suck and he should know; he's got his own blog." -- Nick Hornby
That percentage is kind of misleading. It's really an increase of about $5. If you have a plan with fewer DVDs at home the percentage increase is higher. On my plan, it's only a 20% increase.
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Originally Posted by Jon Dye
Even if you get the 1 DVD at a time, it's still far cheaper than cable or buying DVDs. You just have to be patient, which most people these days aren't.
Netflix can increase sucking my balls by 60%.
Last edited by Ben; 07-13-2011 at 04:12 AM.
Wow, you can go for a long time. Stallion.
hey Ben,will you bust one in Netflix' mouth?
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They suck better balls than cable or buying DVDs.
All the more reason to use Blockbuster online. Plus there's no need to wait a month for new releases. I cannot stream anyway since my Blu-Ray is not one of the "approved devices" for wither Netflix or Blockbuster, and I will not stream to watch on my computer.
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Only if they sign up for my streaming-only plan.
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