Netflix has let the lid off of a bit of good news and a minor amount of bad news this morning. The good news is that the media giant has finally made an unlimited streaming-only subscription option available to the media hungry masses for $7.99 a month. And now the bad news: for those of you who want their unlimited streaming cake but also wish to feed their DVD players too, the monthly cost of a combined streaming and rent-by-mail subscription is going up.
The announcement of the company's streaming-only subscription option was made as a result of the success Netflix has seen with the subscription model over the past two months in Canada. Subsequent to the $7.99 streaming option, the company has jacked up the monthly cost for all of their other offerings as well. Their basic rent-by-mail and unlimited streaming service, for example, will now set you back $9.99 per month. At that price, users can expect to see a maximum of two DVDs sent out to their home by Netflix at a time. For those of you with beefier Netflix subscriptions that allow for more DVDs at a time, you can expect your monthly subscription cost to be effected by the changes as well. The new Netflix price points are effective immediately for new subscribers and will take hold in January for those already using the service.
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