Netflix to raise rates for subscription that includes DVDs and streaming

[ColdBlooded]

Netflix (NFLX) plans to increase the price for its unlimited streaming and DVD subscription by almost 60 percent, the company announced Tuesday.

For unlimited DVD and streaming service from the Los Gatos company, the subscription rate will go from $9.99 a month to $15.98 a month, according to a news release.

Netflix currently offers its fast-growing streaming service as part of DVD subscriptions, but they will now be split. DVD plans will start at $7.99 a month for customers who wish to receive one DVD at a time; unlimited streaming-only service will cost $7.99 a month. Hence, signing up for both of those plans would cost a customer the new rate of $15.98 a month.

"By better reflecting the underlying costs and offering our lowest prices ever for unlimited DVD, we hope to provide a great value to our current and future DVD-by-mail members," Andy Rendich, chief service and operations officer for Netflix, said in the release.

Existing customers' rates will change starting with their first bill on or after Sept. 1, the company announced; new customers will be charged the new rates immediately.

This marks the first time that Netflix hasn't bundled online streaming with its DVD-rental plans since it began sending video over high-speed Internet connections in 2007, the Associated Press reported.

Netflix stock was up $4.10 to $294.84 at 10:47 a.m. PDT on Tuesday in Nasdaq trading. The shares were up 65 percent this year before Tuesday, Bloomberg News reported.





http://www.mercurynews.com/los-gatos/ci_18462041

 

[Dead Blue]

sounds like its for the better. if u only stream, ur rate is dropping.

 

[DFresh77]

I only stream... I hope the price does drop in the future..

 

[ColdBlooded]

streaming service's selection is not good enough for this to happen, in my opinion, this sucks balls

 

[ant_johnson_16]

streaming service's selection is not good enough for this to happen, in my opinion, this sucks balls

If they dont make the streaming better they're gonna lose out. Everytime I look for a fucking movie I gotta order it. The streaming sucks....matter of fact, why the fuck am I still a member?

 

[Pansas]

The streaming needs a lot of work. As mentioned, every time I search something its not available. I hate the new format for ps3

 

[beNz_NorCal]

for real though streaming fuckin sucks....i really just watch movies delivered to my house and even for new releases it takes hella long to get them. shit im probaly gonna stop my membership and look for somone else like blockbuster. fuck netflix for raisinfg rates

 

[ant_johnson_16]

The movie store down the street had a deal for half off movies for life if you come become a member. These movie stores might actually gain some more business because of this. Redbox is still the shit tho! But the selection is pretty small but mine usually have the brand new ones and a few random older movies.

 

[Mcthuggin99]

this is most likely pressure from film studios trying to make more money

 

[Rasan]

for real though streaming fuckin sucks....i really just watch movies delivered to my house and even for new releases it takes hella long to get them. shit im probaly gonna stop my membership and look for somone else like blockbuster. fuck netflix for raisinfg rates

how long does it take?
i get my movies in a day in the mail. the key is to drop them off in the post office mail box and not at the mailbox at your house. i did that shit once bro and they didnt get my movies for 4 days.

 

[T-Rip]

Dont think i will ever get Netflix, had the month free trial and basically watched mostly documentarys. I rather download movies from Torrent sites cuz i can get the HD version before Netflix gets the regular version.

 

[Jack Tracks]

everytime i get a dvd i keep it for like 3 months lol. i stream shit all the time.. id pay more if they had more shit available for streaming. i think eventually it will get there. i mean the name of the company is NET-FLIX.. the whole point seems to eventually be stream only

 

[ColdBlooded]

These movie stores might actually gain some more business because of this.

this is most likely pressure from film studios trying to make more money

This

 

[AdolfOliverBush]

how long does it take?
i get my movies in a day in the mail. the key is to drop them off in the post office mail box and not at the mailbox at your house. i did that shit once bro and they didnt get my movies for 4 days.

That's what I do. The post office is right on the way to work, so I just drop the movies off in the morning. I get my money's worth out of it. I watch about 5 movies a week, mainly because I don't watch TV at all.

The key to getting the new releases right away is to mail a movie back on Saturday so that Netflix will receive it on Monday. Netflix gets all of the new releases on Monday instead of on Tuesday, so that will make sure you get it right away. I usually look at my queue to see what's is coming out on DVD that week and if I want it right away, put it at the top and make sure I mail back a DVD on Saturday.