renting Archive
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Netflix raising rates for Blu-ray subscribers by around 20 percent
Posted on March 30, 2009 | No CommentsFiled under: Industry, Blu-ray
Ruh roh. In a move that will undoubtedly cause an incredibly raucous stir, only to fade away as movie renters realize that Netflix is still the best deal going, America's most adored by-mail rental service is hiking the price of Blu-ray rentals once again. If you'll recall, Netflix already implemented a $1 per month fee for Blu-ray customers back in October, and now it's looking to push that premium higher by around 20 percent across its pricing tiers. The company asserts that the increase (slated to hit April 27th and only applicable to BD customers) is due to it buying more titles on BD to "accommodate the increasing number of Netflix members who prefer renting movies on Blu-ray." In fact, nearly 10 percent of all Netflix customers are choosing BD now, and obviously these platters cost quite a bit more for anyone (even Netflix) to procure. Head past the break to see how big of a hardship this will be on you.
Continue reading Netflix raising rates for Blu-ray subscribers by around 20 percent
Netflix raising rates for Blu-ray subscribers by around 20 percent originally appeared on Engadget HD on Mon, 30 Mar 2009 14:00:00 EST. Please see our terms for use of feeds.
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Netflix breaks the 10 million subscriber mark, keeps on truckin’
Posted on February 12, 2009 | No CommentsFiled under: Industry, Blu-ray, Internet
We can't say the economic crisis has been too kind to every industry, but it's been a best friend to Netflix. As consumers divert their out-on-the-town dollars to sit-on-my-arse-and-watch-Netflix dollars, the by-mail and streaming movie rental company is just breaking records left and right. After closing a stellar 2008 with 9.4 million customers, the company has today announced that the 10 million mark has been crossed. For those struggling with basic math, that means that it has added 600,000 net subscribers since January 1st. So, where does Netflix go from here? Into every nook and cranny it can, of course, so don't be shocked to see Watch Instantly creep onto your next HDTV, set-top-box, Blu-ray player or portable microwave. Seriously, it could happen.
Netflix breaks the 10 million subscriber mark, keeps on truckin' originally appeared on Engadget HD on Thu, 12 Feb 2009 10:39:00 EST. Please see our terms for use of feeds.
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