Netflix Price Increase Coming for Subscriptions...

A Netflix price increase is on the horizon again for customers. This Netflix price increase could also enrage some users of the service, especially those that already dealt with price increases in the past. This latest one won't come into reality until September 1, but it is a big one.

According to Huffington Post, those that use the unlimited DVD-rental and streaming combination plan won't be paying $9.99 per month anymore. The price of that plan is going to go up to $15.98 per month in September, a nearly six dollar increase that is going to be for the same service. Individual services will now be $7.99, which means people could likely be saving money if they only use one of the services being offered.

That $7.99 price is for one DVD at a time, and a user can upgrade to two DVDs at a time for $11.99 per month. That won't include the online streaming services though, as everyone will have to pay the extra fee to keep using it. Now every current Netflix customer has to make a big decision about how they will continue their patronage of the company. That could end up creating disdain for the company that actually loses them customers.

Are you a Netflix user faced with this decision? What are you planning to do with your account now? Will you keep your subscription?

Comments: 3

Christine Hademan Jul 12, 2011, 7:09pm UTC

I'm canceling my account 9/1. this would be the second price increase I've seen in less than a year. I'll just hit up a Redbox if I want to watch a movie. I tried to cancel the account today to be effective 9/1...but they don't let you do that...I think they are hoping we'll just forget to cancel when the price goes up. I set an outlook reminder for 8/31 to make sure I don't pay even a day's worth of the increase.

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Roger Moore Jul 13, 2011, 3:38am UTC

I'll be canceling my account on September 1st also. the new cost of my plan will be $17.98, and I figure for a few dollars more, I can add 2 new premium movie channels to my Directv subscription and feel like I'm getting a better value. I rarely stream movies, and probably only watch 6-8 DVDs or Blu-ray movies per month, so at most I would be spending $8-$10 per month at Redbox. I wonder how long Netflix will continue to be in business if they lose 15,000+ customers every time they come up with these brilliant ideas?

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Elizabeth Whitman Jul 14, 2011, 1:32pm UTC

My account is gone on August 31st. The price increase is ridiculous, especially since movies aren't even available to netflix until they've been out on video for a month. I no longer see it worth the cost.

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Netflix Price Increase Coming for Subscriptions (Again)

Comments: 3

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