Netflix price increase, separates DVD from Instant Streaming

This morning, Netflix posted on their blog that they are increasing the price of their monthly services. Users now have a streaming only option for $7.99, a DVD only option starting at $7.99, and a streaming+DVD service starting at $15.98. To add Blu-Ray discs, users are still expected to pay $3 extra on top of their monthly plan.

Customer reaction to this has not been positive, with many people complaining on Twitter and in the comments on the blog post. These new prices do not go into effect for existing costumers until September but many people are canceling their account now. Personally, I switched from the unlimited streaming+ 1 DVD for $10 (which is now $16) to the new DVD only plan which is $7.99. I have no need for the streaming service since I only used it on very few occasions and the experience was definitely not worth the $5 increase. There seems to be a lot of people choosing the DVD only plan since the Netflix streaming library is very limited.

In some good news, Netflix announced a new DVD management team. With these new prices, we hope that Netflix gets some much needed overall improvements.