2011-07-13

Netflix Raising Prices - Netflix Plan Prices Increased as much as 60% - Many Netflix Customers Outraged

Netflix: Striving for Customer Satisfaction
Netflix Will Raise Prices as much as 60%

Netflix is separating unlimited DVDs by mail and unlimited streaming into two separate plans. Netflix members will have a choice of plans including a streaming only plan, a DVD only plan, or both. However, many loyal customers do not like the prices for the plans. Their current $9.99 a month Netflix membership plan for unlimited streaming and unlimited DVDs will be split into 2 different plans:

Netflix Plan 1: Unlimited Streaming (no DVDs) for $7.99 a month
Netflix Plan 2: Unlimited DVDs, 1 out at-a-time (no streaming) for $7.99 a month

The price for getting both of these plans will be $15.98 a month ($7.99 + $7.99). Many customers to Netflix have posted their outrage for the price increase at facebook.com/netflix
The new prices for Netflix will start on or after September 1, 2011.

Check the stock price of Netflix NFLX

Check the stock price of Netflix competitor Redbox CSTR

How do you feel about the Netflix price increases?
Post a comment or go to facebook.com/netflix

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