Netflix Launches New Streaming Plan, Raises Old Plan Prices

Netflix, Inc. has introduced a $7.99 streaming-only subscription plan in the United States. This is the  first time Netflix is promoting a 100 percent streaming option in the U.S.  

The plan, which allows members to instantly watch unlimited movies and TV episodes streamed from Netflix to TVs and computers, is available now to both new and existing members for $7.99 per month. 

More and more home entertainment products are including streaming media options like Netflix, Pandora (music) and others. This is a true sign of the present and future where some predict the lion's share of home entertainment will be obtained by consumers via broadband (the internet).

In additional to the Netflix announcement from their Los Gatos, California headquarters today, they announced price increases for their current DVD & Streaming Packages:  We have been enjoying the '2 DVDs' plan at $13.99 for the past few years, with select DVD titles as well as the streaming content -- what Netflix calls 'Watch Instantly' (which Netflix launched in August 2007).  I really like the ability to check out the Instant View titles on the spur of a moment.  It should be noted that while the Instant View collection at Netflix is apparently growing (according to the company) not every title is yet available for instant viewing.

Truly, Netflix Founder Reed Hastings is seeing his vision come to reality -- the name Net-flix is living up to his initial dream of Internet delivered films and programs.

via netflix.mediaroom.com