Netflix Offers $7.99 Streaming-Only Plan, Raises Prices On Existing Plans

Since Netflix began offering its streaming video library, many customers have been asking for an option to go disc-free. Today, they got what they wished for as the company announced a $7.99/month plan for streaming-only. On the down side, they are also raising rates on those with existing unlimited disc-and-streaming plans.

From the Netflix blog:

Why the changes? Our selection of TV episodes and movies available to stream has grown dramatically, and as a result most members want us to deliver unlimited TV episodes and movies two ways: streaming instantly over the internet plus DVDs by mail. The price increase will allow us to continue to offer the popular plan choice of unlimited TV episodes and movies streaming instantly along with unlimited DVDs. The new plan, which does not include DVDs, is a great option for the increasing number of members who only want to watch instantly. The $7.99 a month price reflects no DVD shipping costs on this plan.

As for an option of DVD-only, Netflix says that’s just not in the cards.

Below is a chart with all the price increases. Will you be switching over to streaming-only?

pricegrid.jpg

A new plan for watching instantly, plus price changes to existing unlimited plans [Netflix]

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