Netflix Raises Subscription Rates Again (Update)

Just a month after announcing skyrocketing revenues and total subscribers, Netflix has announced that it is going to increase subscription rates , for the third time in two years, by as much as 14%: $1 more a month for the one and two discs at a time; $3 more for the three discs at at a time, and so on, all the way up to $8 more for the eight discs at a time. The additional monthly charge for Blu-ray access is unchanged.





New price plans (before Blu-ray surcharge)

The additional monthly charge for Blu-ray access is unchanged: $2 for the one-disc-at-at-a-time plan, $3 for two discs out, etc.

New rates for the subscription plans, including the Blu-ray option, are as follows:

• 1 disc at a time: $9.99 + $2 = $11.99 (was $10.99)
• 2 discs at a time: $14.99 + $3 = $17.99 (was $16.99)
• 3 discs at a time: $19.99 + $4 = $23.99 (was $20.99)
• 4 discs at a time: $27.99 + $5 = $32.99 (was $28.99)
• 5 discs at a time: $34.99 + $6 = $40.99 (was $35.99)
• 6 discs at a time: $41.99 + $7 = $48.99 (was $42.99)
• 7 discs at a time: $48.99 + $8 = $56.99 (was $49.99)
• 8 discs at a time: $55.99 + $9 = $64.99 (was $56.99)

Hence, once the Blu-ray option is considered, the plan that increases the least is the 2-at-a-time, with a 6% increase; the one-at-a-time gets a 9% hike; and the plans with three discs out or more all get increases of 14%.

Price changes take effect now for new sign-ups and in January for existing members.

While Netflix also announced a streaming-only plan today, it said that it has no intention of launching a disc-only plan, even though the catalog it has available for streaming is only a fifth of what it has on physical media.

Thanks to forum member "Drewbacca" for posting an update.