Earlier this Summer, Netflix announced a change in its pricing model that separates streaming and DVD rentals. The net effect is a rate increase that could be as much at 60%, depending on your current plan. These new prices go into effect on monthly billings and new accounts starting tomorrow, September 1.
Many people vowed to cancel their Netflix plans when the news broke, and Netflix even admitted that they expected they might lose some customers from the changes. Others are changing their plans in an effort to keep their monthly rate from increasing. If you’re inclined to do the same, you can go to the Netflix Change Membership page to find out what your new monthly rate will be and make some adjustments.
There’s been a lot of speculation since the rate change was first announced, and most analysts tend to agree that the price had to go up at some point to continue expanding the streaming library—which, for all intents and purposes, DVD subscribers were getting for free until now. Since I continue to see value from Netflix streaming and DVD services, I don’t intend to cancel either. The streaming-only plan dramatically reduces the size of the available library, and the disc-only plans reduce your viewing options. I had planned on downgrading to the streaming + 1-disc-at-a-time plan, but I’ve since decided to leave my subscription unchanged.
We’d love to hear what changes you’re making to your subscription plans, if any.