Netflix Hikes Price of DVD-Plus-Streaming Service Up To 60% [Multichannel News]
Due to increases in Netflix's "underlying cost" the price of the DVD-plus-streaming services will increasing by as much as 60 percent the company announced this week.
Previous Netflix plans that included both the streaming and DVD services were bundled at a single price. Now, Netflix is unbundling the two plans. Customers that want both will have to pay for both a DVD and streaming plan, at a total cost increase of up to 60 percent more than they were paying before.
The move indicates that while Netflix's streaming business tends to make the news more frequently, its DVD business isn't necessarily fading away.
These changes take effect immediately for new Netflix customers and September 1st for existing customers.
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