Featured Articles

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

We wanted to learn a bit more about Qualcomm's plans for wearables and it turns out that the company believes its…

More...
Qualcomm sampling 20nm Snapdragon 810

Qualcomm sampling 20nm Snapdragon 810

We had a chance to talk to Michelle Leyden-Li, Senior Director of Marketing, QCT at Qualcomm and get an update on…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 14 July 2011 08:40

Netflix price increase has people steaming

Written by David Stellmack
Netflix_Logo

Many claiming they will drop the service
It has only been one day since Netflix announced their new plan for division of their DVD rentals and streaming. However, many users are so hot about the huge price increase they have threatened to drop Netflix and vow to look for other ways to get their content to watch.

Netflix claims that due to continued cost increases they were unable to continue the combined business model they had been using; instead, they opted to move to a pricing model that separates the DVD rentals and content streaming. Previously, subscribers would pay for monthly DVD rentals and the streaming was thrown in as bonus, so to speak.

With the new pricing that will become effective in September, customers who want both DVD rentals and streaming will be forced to play $7.99 for DVD rental and $7.99 more if they also want the streaming, for a total of $15.98 per month. This is a 100 percent price increase, and many are complaining that the company is just being greedy. While we expect Netflix to lose some subscribers who will seek other options, the big winners could be those like Redbox and Hulu Plus, and maybe even the local independent video store (that is, if you are still lucky to have one of those around).

The latest from Netflix indicates that the company is still talking tough and seems to have no plans to re-think its new pricing strategy. We will have to wait till the next earnings report to find out how much real damage was done by this decision.


David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments