NetFlix Decides To Raise Rates
I have been a NetFlix subscriber for a while now. So you can imagine my surprise when I opened up my email and saw that they are raising their rates, and by a lot.
I love my NetFlix subscription service. Right now my plan consists on unlimited streaming and one DVD in the mail at a time. That package is pretty awesome and only cost me about $10 a month. Last night I received an email that said that they would be raising their rates.
This isn’t unusual. In a few years as a subscriber they only raised their rates once and it was only by a few cents. This one however is a price hike of over 60%! They are separating their streaming and 1 DVD plan into their own plans, so if you want them both you’ll have to pay around $16 now. This seems a bit unreasonable if you ask me. I think NetFlix is feeling the pinch of some of the big studios and need to raise rates in order to pay for the programming.
The main issue I have with this is that most of the stuff available for streaming is junk. They act like it’s such a convenience, but most of it is older shows that I have no interest in. That seems to be the main gripe amongst subscribers right now. They want NetFlix to make all their content available for streaming. Wishful thinking but I don’t see it happening. I also don’t think that one DVD at a time is worth the $7.99 price either. I think NetFlix will be losing customers over this for sure.