Netflix, in an effort to further divorce their streaming and DVD-by-mail businesses, has rolled out a new pricing plan that would raise the cost of maintaining a streaming and one-DVD-at-a-time membership from $9.99 per month to $7.99 per month for the DVD-by-mail aspect and $7.99 for the streaming aspect, causing the same plan to now cost $15.98 per month.
However, this rate hike probably won’t cause the uproar that many think it will, as a streaming-only plan will remain $7.99, and a one-DVD-at-a-time plan (now sans streaming) actually falls from $9.99 to $7.99. So unless you really want the “best of both worlds,” there could be a chance that this restructuring could actually save you money.
While it’s likely that Netflix rate hikes will cause some customers to jump ship, the increased fees will subsidize streaming licenses, as well as original programming, meaning that when all is said and done, the rate hike could make Netflix a more desirable service. I’m not sure if I believe that, but it’s a pleasant thing to think about.
So in short, one of the best values in entertainment is getting a little more expensive for some. But considering even the new pricing clocks in at about the cost of one movie ticket in LA or New York, it’s still a pretty sweet service. Besides, the Netflix gang is still in our good graces for running Blockbuster out of business.