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Monday, 22 November 2010 17:17

Netflix Now Offers Streaming Only Plan; Hikes Up Prices On DVD Plans

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Netflix has announced that beginning today the company will offer a new, streaming-only service option for $7.99 per month. The plan, which does not include any by-mail DVD rentals, allows users to stream available titles to their televisions, mobile devices, and computer screens. As per the press release – “Creating the best user experience that we can around watching instantly is how we’re spending the vast majority of our time and resources,”.

The company also plans to increase monthly plan prices by anywhere from $1 to $8. Netflix did not offer any explanation for the increases, but did note that the price of its two most popular plans — one DVD and 2 DVDs — will only rise by $1.

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[Source: Netflix Blog]

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Authors: _GadgetNews

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