Sport & Auto
- About Future
- Digital Future
- Cookies Policy
- Terms & Conditions
- Investor Relations
- Contact Future
Netflix, the popular DVD rental and online streaming service, announced today that it is drastically changing pricing. Beginning immediately for new customers, and on September 1 for existing customers, if you want to stream movies and get DVDs in the mail, you will have to pay for two seperate plans.
Netflix is now offering new plans for getting DVDs in the mail, and its "streaming online only plan" will remain the same. The big change is the plans that include both are being scrapped. Emails are already being sent out to customers to explain the change to their subscription. In a nutshell, for customers currently enjoy streaming and in-mail rentals, the monthly price will jump about $5.
For instance, right now Netflix offers existing customers an "Unlimited Streaming + 2 DVDs out at-a-time (Unlimited) Plan" for $14.99 + tax. If you are a new customer today, or after September 1 for everyone, to maintain that same service, you will have to subscribe separately to an "Unlimited Streaming Plan" for as well as a "2 DVDs" plan for $19.98 + tax.
So, pick your streaming plan and then pick your DVD in the mail plan. Here is a break down of the new pricing:
- Unlimited Streaming Plan: $7.99
- 1 DVD out at-a-time Plan: $7.99
- 2 DVD out at-a-time Plan: $11.99
- 3 DVD out at-a-time Plan: $15.99
- 4 DVD out at-a-time Plan: $21.99
- 5 DVD out at-a-time Plan: $27.99
- 6 DVD out at-a-time Plan: $32.99
- 7 DVD out at-a-time Plan: $37.99
- 8 DVD out at-a-time Plan: $43.99
Combined price of most popular plans:
- 1 DVD out at-a-time with Streaming Plan: $15.98
- 2 DVDs out at-a-time with Streaming Plan: $19.98
- 3 DVDs out at-a-time with Streaming Plan: $23.98
Netflix says the plans "better reflect the costs" of each plan. Maybe. But it still stings.