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Netflix Is Raising Its Monthly Rates, Again

MetalliQaZ (539913) writes | more than 3 years ago

4

MetalliQaZ (539913) writes ""Today, Netflix announced that they are raising rates on monthly plans that allow customers to get unlimited streaming and one DVD out at a time. The plan which originally cost $9.99 a month will now cost $15.98 a month. In addition, the company is now splitting out streaming only plans from DVD plans and consumers can get an unlimited streaming plan for $7.99 a month, or one DVD out at a time for $7.99 a month.""
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Multiple devices still possible? (1)

deadmongoose (1246538) | more than 3 years ago | (#36738246)

I use the hell out of the streaming portion, I live in a household with 3 PS3s and 4 PCs. I bought the 2-DVD option so I could stream on 2 devices at the same time. I'm thinking w/ the separation that will no longer be an option. I can't find anything anywhere that addresses this. Does anyone have any insight?

Re:Multiple devices still possible? (1)

Machtyn (759119) | more than 3 years ago | (#36739130)

I doubt they will reduce the multiple device feature. If they do, I may drop their service completely. I thoroughly enjoy watching my shows on my computer, while my wife watches her shows on her computer, while my kids watch their shows on the Wii. (This scenario doesn't happen often, but it does occur.)

Harsh Jump! (1)

Machtyn (759119) | more than 3 years ago | (#36739096)

A little more detail: There are now three options only - 1 disk at a time for $7.99 (unlimited number per month), unlimited streaming per month for $7.99, or both for $15.98. I'm not sure what deals the 2 or 3 disk at a time subscribers are getting.

This is a harsh jump, especially for this long time subscriber. I remember when they went from $9.99 to $7.99 for single disk renters. They threw on the streaming for free. Only recently they jumped back up to $9.99. These are nice easy steps. For reference, I don't like paying over $13 for an MMO monthly registration (Everquest, World of Warcraft) and this Netflix cost jump is not insignificant - it's a 60% increase in cost!

I imagine their disk mailers will be virtually non-existent. I know I will be dropping that service. My kids are enjoying the streaming videos too much that I would not get away from dropping that service. They watch an untold number of hours watching the children's shows (educational types and other fun stuff). But I appreciated having the disks of movies that hadn't quite made it to the streaming list.

Perhaps they are trying to send a message to the MPAA studios? Are the studios trying to twist Netflix' arm? What is going on in the industry? I know who is going to get hurt from this: The US Postal Service! I would say it is also the subscribers, but the extra features are stripped from rental DVDs now - so there is very little difference between the streaming and a physical disk.

Question for Netflix: What is the rental rate on BluRay disks? How bad is it for BD? I don't own a BD system and likely never will. If I did own BluRay, that would be my only reason for hanging on to the mailer.

Re:Harsh Jump! (1)

a1englishman (209505) | more than 3 years ago | (#36739570)

The sincerest way of putting it is that they're doubling the cost! That's truely insane. If they're losing revenue on people using the hell out of streaming, then charge a fraction of a dollar per movie. If people are keeping the disks too long, start charging a penalty. If people keep getting disks because the movies they want to see aren't streamable, then charge for both services! ;-)

Somethings going to get cut, and it won't result in extra revenue for Netflix.

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