Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

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