fbpx
See the Latest on iTechGear...

Netflix Raises Prices, Announces Streaming Only Plan

The video rental industry is feeling the economic pinch, and key player Netflix is in the thick of it.  Today, I received the notice that was already floating around the internet – Your plan rate is going up.  Here is a screen shot of the note that I got from them, outlining the changes:

image

 

Awesome.

While a buck a month isn’t going to break the bank, it’s a buck that I wasn’t planning on spending. While this also won’t cause me to cancel my account, I’m not happy with the extra out-go being taken from my income.  Apparently, the cost of managing their DVD inventory is getting to be a bit on the costly side.

The company also introduced a new streaming only plan that allows anyone with an internet connection to instantly watch movies and TV shows at a very affordable $7.99 a month.  If you’ve got a decent pipe coming into your house, and don’t mind not being able to put your hand on a DVD, this may be a huge winner for you.

Additional adjustments to their pricing plans can be seen below.

netflix

Leave a Reply

%d bloggers like this: