Netflix users beware: New prices hit this week - KXXV-TV News Channel 25 - Central Texas News and Weather for Waco, Temple, Killeen |

Netflix users beware: New prices hit this week

Updated:
Image courtesy of Netflix Image courtesy of Netflix

By Molly McHugh
Provided by

When Netflix announced a price hike earlier this summer, it nearly ignited a user revolt. Renting both DVDs and using Netflix streaming meant subscribers would be forced to pay more, and try as it might, Netflix failed to sell this as an improvement. The company has kept its claim over the living room, but its stock performance felt some hurt as a result of the price changes.

And now it's decision time. September 1, the higher prices officially hit Netflix subscribers. Just as a quick reminder, users were previously able to rent one DVD at a time as well as stream unlimited content for $10 a month. This plan will be wiped out beginning Thursday, replaced by a $7.99 a month for unlimited streaming plan and a separate respective $7.99 a month for one DVD at a time plan. Both services will cost $15.98 a month, a nearly $6 hike.

If you subscribed to the hybrid plan, Netflix will automatically switch you over to the $15.98 a month plan. Not the case? Then you need to head over to the site and switch your subscription over.

How many users Netflix will lose between now and Thursday remains to be seen. Given consumers initial response to the price change, it could be more than a few. No matter how much business sense the decision makes, users don't have to like it. 

Content provided by
INFORMATIONAL DISCLAIMER The information contained on or provided through this site is intended for general consumer understanding and education only and is not intended to be and is not a substitute for professional financial or accounting advice. Always seek the advice of your accountant or other qualified personal finance advisor for answers to any related questions you may have. Use of this site and any information contained on or provided through this site is at your own risk and any information contained on or provided through this site is provided on an "as is" basis without any representations or warranties.
Powered by WorldNow

News Channel 25 KXXV-TV
P.O. Box 2522
Waco, TX 76702

Phone Numbers:
Main: 254-754-2525
Tip Line: 254-757-2525

Links
Contact Us
KXXV Employment Opportunites
FCC Filings
Advertise on KXXV

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KXXV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.