Wednesday, August 31, 2011

Netflix: is convenience worth the price?

For years, Netflix has been an avid movie-watcher's dream. Not only can you recieve DVD's by mail, but you can also enjoy instant movies and TV shows on your gaming console and computer. Now, the monthly rate is sky-rocketing 60 percent, causing many to wonder, is the convenience worth the price?

Starting September 1st, the $9.99 unlimited DVD by mail and streaming will become $15.98 a month. Alternatively, you could choose a DVD rental plan that allows you to recieve two disks at a time for $11.99 a month, or $7.99 for one disk at a time. Also priced at $7.99 is the instant movies. This price change is the second in a year, with prices going from rising two dollars last November.

I am a Netflix customer and was shocked to see the price hike. Rising 60 percent seems outrageous and drastic. Is it worth the price? When you consider the price for going the movie theatre, Netflix might be the answer for large families who can't afford to take everyone to see the latest movies. Personally, I have swiched my package to streaming only. The downfall to streaming is the limited movie choices, which is only one-fifth of the 100,000 titles offered by Netflix.

In the end, the choice is left to the customer. Will you cancel or downgrade your package, or is $16 a month a small price to pay for unlimited movies?

4 comments:

  1. Megan,
    Interesting and relevant topic. I have thought about enrolling to Netflix once, and that was for a class project (ENGL 225 - Intro to Film), but then I dropped the class. I do not care for Netflix. I dislike corporations that take money from the small business (and we have a movie store in Valley that is suffering greatly due to Netflix). One had to guess that prices would increase as time moved on. These increases are Netflix's way of saying, "You want what we offer, so pay up."
    Great post, Megan. Very interesting.

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  2. I am totally with you about the price increase. I had Netflix for $9.99 and it covered unlimited rentals and streaming. According to individuals at Netflix the reason for the increase is that it is costing more to have the rights to stream all the digital content. I rarely received movies in the mail because I did not have the time to watch them. I liked turning it on at night and watching a good documentary etc. I decided to go with the instant streaming only. I am not willing to pay much more than I am not to keep it. Especially with the loss of Starz this week.

    Simon

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  3. Ah, Netflix! I was so perplexed about their rise in prices! I thought and thought about what to do about it, and do you know what I ended up doing? I got a bigger package! Weird, but I think of it this way: I am now getting 2 discs plus streaming. My bill did go up but I feel as if I am getting something in return, and, I am no longer angry about the price hike. Am I fooling myself? Absolutely. Do I mind in this situation? Not a bit. I even have a system that I use in order to maximize my disc rentals. Sick.

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