Why the hoopla about Netflix hiking its price when you can alternatively legally download and watch all your favorite full movies straight on your computer with Full Movies for peanuts. Anyways, guess we humans like whining. lol. The full news and the backlash at Netflix:
Netflix Inc will raise by 60 percent the monthly price of a plan that lets subscribers watch unlimited movies and video online and get DVDs by mail.
Customers who want both services will pay $7.99 per month to rent one DVD at a time plus $7.99 for unlimited streaming, or a total of $15.98 per month. The previous cost of this plan was $9.99 a month.
"We are separating unlimited DVDs by mail and unlimited streaming into separate plans to better reflect the costs of each and to give our members a choice: a streaming only plan, a DVD only plan or the option to subscribe to both," Netflix Vice President of Marketing Jessie Becker wrote in a company blog post.
"Given the long life we think DVDs by mail will have, treating DVDs as a $2 add on to our unlimited streaming plan neither makes great financial sense nor satisfies people who just want DVDs," Becker wrote.
Netflix announced the new prices on Tuesday. The company did not respond to a request for comment.
Unlimited DVD-only plans will cost $7.99 for one at a time or $9.99 for two at a time.
The changes take effect immediately for new subscribers, and in September for current customers.
The Los Gatos, California-based company started in the United States as a mail-in DVD service. It now offers streaming video on various devices.
Meanwhile a backlash from customers has continued to trail Netflix's price hike. After Netflix announced a 60 percent price hike for its DVD and streaming service yesterday, a tidal wave of backlash flooded social media. Netflix's Facebook post about the news has already received more than 28,000 comments (most of them angry) in less than a day. The number of Facebook responses may be even higher as some claim Netflix deleted as many as 500 comments yesterday. Anti-Netflix groups have already sprouted on Facebook and gained thousands of members overnight. "Dear Netflix" is trending on Twitter because hundreds of "Dear John" style tweets are being sent from Netflix users about their impending breakup with the movie company. Here's my favorite: "Dear Netflix ...i'm breaking up with you. it's over. it's not me, it's you."
[Reuters/Yahoo]
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