Netflix Raises Price of DVD and Online Movies Package by 60%
Netflix advertised the change as a new choice for consumers, but thousands of the company’s customers complained online.
I do not have cable so I make a lot of use of my Netflix account. I have the $9.99 plan that allows for one DVD in the mail and unlimited streaming. If you mail back the one DVD in a timely manner you can get 3-4 DVDs in the mail each month in addition to the streaming.
It is this plan that is going to $16. I think I am going to shut down my DVD by mail and use the $7.99 streaming only option. I easily watch ten things per month on the streaming that I find useful. At under $1 per viewing I think it is worthwhile. Do wish that Netflix had not messed with the $9.99 plan that allowed both streaming and DVD by mail. I will use Redbox at $1 per movie to subsidize what I cannot get from Netflix streaming.
Plus for libraries: There are going to be movies that are not available via streaming. Netflix is clearly pushing people more towards the streaming model. This will leave a pocket of movies that are harder to get hold of. Libraries may have an opportunity to fill this niche.