Netflix Raises DVD Prices And Offers Streaming Only Option
Netflix, the DVD-by-mail company, is now offering a streaming only plan to their service options. For $8 a month, customers will be able to stream unlimited TV shows and movies straight to their Netflix supported device. The plan had been previously released in Canada and is now an option for customers in the United States.
Netflix offers about 20,000 titles for instant streaming which is nothing to complain about, but it is a far cry from the 90,000 titles found in their DVD library.
Which brings up the next point – Current subscribers to Netflix DVD-by-mail plans will see a rise in their monthly subscription prices. The plans will be going up anywhere form $1 to $8, depending on the number of DVDs in your plan.
Netflix chief executive declared Netflix a “streaming company which also offers DVDs-by-mail” rather that the other way around. The price hike is said to cover the costs of DVD shipping.
The new streaming only option, as well as the price increase is right on the tail of Hulu’s announcement that they were cutting their prices. It looks like Netflix and Hulu may be heavy competitors soon!
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