Wednesday, September 21, 2011

Netflix Announces They Are Splitting into Two Services

Netflix Announces They Are Splitting into Two Services

Every Netflix subscriber – and most everyone else who reads or hears the news – learned a couple of months ago that Netflix was drastically increasing their rates. (Scroll down to July 12th's entry.) Instead of $7.99/month for one DVD at-a-time or $9.99/month for one DVD at-a-time plus unlimited streaming, the DVD mailing service would remain at $7.99/month and unlimited streaming would also be $7.99/month. There was still a combo plan, but it was $15.98/month – no discount. Apparently the price increases were necessary to better reflect the costs of the services and to help them compete with other streaming services.

The Gadgeteer, Netflix Announces They Are Splitting into Two Services