Netflix Launches Streaming-Only In U.S.

Netflix said today it is introducing a $7.99 streaming-only subscription plan in the United States, the first time it is offering a full streaming-only  option in the U.S. "...
Netflix Launches Streaming-Only In U.S.
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  • Netflix said today it is introducing a $7.99 streaming-only subscription plan in the United States, the first time it is offering a full streaming-only  option in the U.S.

    "We are now primarily a streaming video company delivering a wide selection of TV shows and films over the Internet," said Reed Hastings, Netflix co-founder and CEO.  

    "Today’s action reflects the tremendous customer value we’ve injected into streaming from Netflix, our initial success with a pure streaming service in Canada for $7.99 a month and what our U.S. members tell us they want."

     

    Netflix-Prices

     

    Netflix also said it is increasing its prices on its 1 DVD out at a time and 2 DVDs out at a time by $1 a month. Prices of subscription plans allowing for more DVDs out at a time will also increase. Price changes take effect now for new members and in January for existing members.

    Netflix it has not introduced a new plan for DVDs by mail because more members are already watching streamed instantly over the Internet than on DVDs. The company say it expects that trend to continue.

     

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