Netflix to Increase Prices….Tomorrow?

Posted: July 12, 2011 in Movies, TV
Tags: ,

Unfortunately it is true. According to a report from Engadget today, Netflix will be revising the pricing structure for its DVD, Blu-ray, and Instant Streaming movies services and not have current customer grandfathered into new plans.

The price change is said to take in effect tomorrow, Wednesday July 13 at around 9:00 pm for new customers, but for existing customers the price change wont take into effect until September 1 OR your next billing period after September 1st, check your Netflix account to find out the full details of your plan.

Before the plan change, a customer could get 1 DVD out at a time for only $4.99 , but with the new plan a customer is looking at $7.99 for 1 DVD out at a time. The old plan of $9.99 for both Unlimited streaming and 1 DVD out at a time is no longer that price anymore, instead were looking at $15.98 for that same plan.

The new plan looks as is below:

  • $7.99 for 1 DVD out at a time 
  • $11.99 for 2 DVDs out at a time 
  • $7.99 for unlimited streaming (no DVDs or Blu-rays) 
  • $15.98 for 1 DVD and unlimited streaming

Still no word from Netflix if they plan to change any higher plans, but it does look like I have to lower my plan in September.

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