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Netflix raises prices, offers streaming-only option

2010-11-24 09:38 by
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Netflix Inc. took another step in its evolution Monday, rolling out a streaming-only subscription option in the United States.

The news sent Netflix shares up, as the plan gives the company a higher-margin service that excludes the costs of mailing discs. For $7.99 a month, subscribers can watch more than 20,000 titles streamed from Netflix to their TVs and computers, without renting any DVDs.

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.

The option became available to new and existing members as of Monday. Netflix also announced a series of price increases to its monthly fees. To receive unlimited movies and shows and have one DVD out at a time, for example, the fee rises a dollar to $9.99.

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by Sava700 - 2010-11-24 10:30
Yeah this is stupid... my fee is going up and they are offering streaming only service but they don't offer all titles now for streaming so not sure how this would be a good thing. The streaming you have also isn't all in HD and even then it depends on the connection or source your pulling it in with.
by YARDofSTUF - 2010-11-24 10:36
Not surprised they have to up the price, the stream only option is cool. Will be even better when they can get more titles for it.
by Sava700 - 2010-11-24 14:14
cool if more titles and better quality, right now for example you can only stream the first lord of the rings yet the other two you can't..how stupid is that?
by YARDofSTUF - 2010-11-24 14:55
It all depends on how much people want for the movies or if they will allow them to be streamed.

Its not stupid, it makes sense, just have to wait.
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