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Netflix Debuts Streaming-Only in U.S.; Hikes DVD Plan Prices

Los Gatos, Calif. – Netflix (NASD: NFLX) on Monday released a brand brand new “streaming only” plan using the U.S., precisely where purchasers can now spend $7.99 for just about any plan that lacks bodily digital video disc rentals but provides limitless on collection streaming of films and television set episodes. The business also announced a advertising price hike on strategies that consist of DVDs: for people strategies that allow just one digital video disc out at a time every month, the subscription advertising price will enhance by $1; for three DVDs out, the advertising price will leap $3 every four weeks to $19.99, and individuals who can have eight DVDs out at a time will spend $8 additional every four weeks ($55.99).

“You may also wonder why we haven’t released a brand brand new plan that consists of only DVDs by mail. The actuality could possibly be the actuality that Netflix individuals are previously viewing additional television set episodes and films streamed immediately over the internet than on DVDs, and we presume that development to continue,” the business mentioned within a weblog post.

Netflix released a streaming-only program in Canada earlier this year. the brand new $7.99 advertising price place for streaming-only suits the brand new reduced-price of Hulu Plus, the television set episode streaming service.

Currently, Netflix counts near to 20,000 titles obtainable for streaming, in comparison with over 90,000 offered on DVD.