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OT: Netflix rate increase

85 posts / 0 new
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Last post
July 12th, 2011 at 8:26 PM
#1
redwhiteandMGOBLUE
redwhiteandMGOBLUE's picture
Joined: 07/08/2008
MGoPoints: 1276
OT: Netflix rate increase

Today, I received this email from Netflix regarding a significant rate increase:

Dear ________,

We are separating unlimited DVDs by mail and unlimited streaming into two separate plans to better reflect the costs of each. Now our members have a choice: a streaming only plan, a DVD only plan, or both.

Your current $9.99 a month membership for unlimited streaming and unlimited DVDs will be split into 2 distinct plans:

   Plan 1: Unlimited Streaming (no DVDs) for $7.99 a month
   Plan 2: Unlimited DVDs, 1 out at-a-time (no streaming) for $7.99 a month

Your price for getting both of these plans will be $15.98 a month ($7.99 + $7.99). You don't need to do anything to continue your memberships for both unlimited streaming and unlimited DVDs.

These prices will start for charges on or after September 1, 2011.

You can easily change or cancel your unlimited streaming plan, unlimited DVD plan, or both, by going to the Plan Change page in Your Account.

We realize you have many choices for home entertainment, and we thank you for your business. As always, if you have questions, please feel free to call us at 1-888-357-1516.

–The Netflix Team

A nearly 60% increase, WTF?!

I'm sure most people stream instead of get dvd's but not all titles are available for streaming.

Are any of you guys going to switch to one of the new plans or pay the increase for both?

http://www.huffingtonpost.com/2011/07/12/netflix-price-subscription-plan...

New Oldsmobiles are in early this year.
http://www.youtube.com/watch?v=IIdGxR-aU6o

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July 12th, 2011 at 8:33 PM | (Score:1)
sylvanialax17
Joined: 12/21/2009
MGoPoints: 5

so will you still not be able to view the new releases with the streaming?? or will you be able to with the new plan?

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July 12th, 2011 at 8:38 PM | I would guess that new titles (Score:2 Normal)
Eat Your Wheatlies
Eat Your Wheatlies's picture
Joined: 11/17/2010
MGoPoints: 983

I would guess that new titles would be thru DVD only, not available on the streaming package. Kind of a kick in the nuts considering how well they are doing.

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July 12th, 2011 at 8:43 PM | (Score:3 Normal)
sylvanialax17
Joined: 12/21/2009
MGoPoints: 5

yea I've been very disappointed in netflix streaming.

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July 12th, 2011 at 8:46 PM | Disappointed is an understatement, the selection is terrible (Score:1)
NYC Fan
NYC Fan's picture
Joined: 04/17/2009
MGoPoints: 1205
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July 12th, 2011 at 8:50 PM | The movie selection is pretty (Score:1)
michfan6060
michfan6060's picture
Joined: 01/22/2011
MGoPoints: 1246

The movie selection is pretty bad, but I find myself watching quite a bit of the television shows they have available.

Perfection is not attainable, but if we chase perfection we can catch excellence.

- Vince Lombardi

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July 12th, 2011 at 8:34 PM | I was pretty ticked when I (Score:2 Normal)
Jeremy
Joined: 06/14/2010
MGoPoints: 590

I was pretty ticked when I got this e-mail myself.

 

I am going to just get the streaming.

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July 12th, 2011 at 8:36 PM | Bye Bye Netflix. It was nice (Score:2 Normal)
MGoJoe
MGoJoe's picture
Joined: 10/02/2008
MGoPoints: 353

Bye Bye Netflix. It was nice knowing you.

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July 12th, 2011 at 8:42 PM | I just cancelled my (Score:2 Normal)
soup-er-UM
soup-er-UM's picture
Joined: 01/08/2011
MGoPoints: 249

I just cancelled my subscription.  Amazon prime is $40 (for students) and you get a bunch of videos from there plus 2 day shipping.  Good enough for me.

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July 12th, 2011 at 10:06 PM | I believe it's still $79 a (Score:2)
JBE
JBE's picture
Joined: 08/18/2008
MGoPoints: 8341

I believe it's still $79 a month, even for students.

Sent From My Commodore 64

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July 12th, 2011 at 10:40 PM | My free year just expired and (Score:2 Normal)
goblue20111
goblue20111's picture
Joined: 10/31/2010
MGoPoints: 1503

My free year just expired and I was offered it again to me at $39. 

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July 12th, 2011 at 11:00 PM | Yeah, I think the only way to (Score:2)
JBE
JBE's picture
Joined: 08/18/2008
MGoPoints: 8341

Yeah, I think the only way to get that price is to let the free year expire.  My bad.

Sent From My Commodore 64

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July 12th, 2011 at 8:38 PM | It's time to dump netflix stock (Score:5 Informative)
Haxel Rose
Haxel Rose's picture
Joined: 10/07/2010
MGoPoints: 683

If anyone else pays attention to that sort of thing, it's time to dump Netflix stock. The company has had a ridiculous run the last year or so, increasing stock price about ten-fold (off the top of my head) and membership about 30%. But their problem is three-pronged:

1) People are starting to realize their streaming selection sucks and they're moving to other services (HBOGo, anyone?)

2) Amazon, Apple, et al are wanting to become major players in the marketplace and have the cash to drive up the price of contracts with movie studios

3) Netflix's contracts all need to be renegotiated in the next year or two. There's no way they'll be able to secure deals financially similar to the current ones, and to maintain even the disappointing selection of streaming content they'll have to pony up beaucoup bucks (see #2)

All of this leads to price increases and, I imagine, more price increases down the road. Short sale anyone?

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July 12th, 2011 at 10:22 PM | Thank you (Score:1 Normal)
The Barwis Effect
The Barwis Effect's picture
Joined: 06/30/2008
MGoPoints: 2242

I can honestly say that, until your post, I never knew that's how beaucoup was spelled.

+1 to you, fine sir, for learning me something new today!

"[T]here were a lot of people predicting glorious heights for Rich; mostly the same people who are predicting doom and gloom [for Hoke]. Excuse me if I doubt their prognostication skills." -- M-Wolverine

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July 13th, 2011 at 2:13 AM | People think Netflix has (Score:1)
ken725
ken725's picture
Joined: 10/26/2008
MGoPoints: 4540

People think Netflix has grown too high too fast.

http://online.wsj.com/video/digits-is-netflixs-value-too-high/6F1FC18A-7...

Greetings from Bolivia.

"It's special how the real true people hang together. And if you don't support the program you're not a true Michigan guy. It's that simple."  - Gary Moeller

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July 13th, 2011 at 8:45 AM | I agree, but people have been (Score:1)
jrt336
jrt336's picture
Joined: 01/16/2009
MGoPoints: 4490

I agree, but people have been shorting NFLX for a long time and it hasn't worked out well so far.

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July 12th, 2011 at 8:38 PM | Ridiculous (Score:3 Normal)
somewittyname
Joined: 05/15/2009
MGoPoints: 1029

I may cancel all together. Although then what would I do? Basically how I feel about Comcast too.

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July 12th, 2011 at 8:40 PM | enjoy fellas (Score:2 Normal)
Lancer
Lancer's picture
Joined: 08/18/2010
MGoPoints: 755

http://www.icefilms.info/index

Looking for BTTYS Nike sb Michigan Dunk Highs size 14, hit me up. 

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July 13th, 2011 at 2:17 AM | does this work for macs? (Score:1)
ken725
ken725's picture
Joined: 10/26/2008
MGoPoints: 4540

does this work for macs?

Greetings from Bolivia.

"It's special how the real true people hang together. And if you don't support the program you're not a true Michigan guy. It's that simple."  - Gary Moeller

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July 12th, 2011 at 8:42 PM | We are separating unlimited (Score:1)
skunk bear
skunk bear's picture
Joined: 03/09/2010
MGoPoints: 1969

We are separating unlimited DVDs by mail and unlimited streaming into two separate plans to better reflect the costs of each

 

Edit: I'm sorry, I just can't get it in the box.

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July 12th, 2011 at 10:04 PM | Edit: I'm sorry, I just can't (Score:3 Normal)
BiSB
BiSB's picture
Joined: 08/15/2009
MGoPoints: 27875

Edit: I'm sorry, I just can't get it in the box.

Yep, that'll happen sometimes.

They no longer call me Bisbiño

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July 12th, 2011 at 10:36 PM | Yep, that'll happen (Score:1)
skunk bear
skunk bear's picture
Joined: 03/09/2010
MGoPoints: 1969

Yep, that'll happen sometimes.

 

Edit: Aaarrrgghh!  You're a show-off, BISB!

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July 12th, 2011 at 8:47 PM | can't get rid of it ... (Score:1)
Indiana Blue
Indiana Blue's picture
Joined: 09/19/2010
MGoPoints: 1521

How else I am going to watch all the episodes of Top Gear ?

Go Blue

No place on earth I'd rather be on a football Saturday than Michigan Stadium !

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July 12th, 2011 at 9:22 PM | http://eztv.it/shows/275/top- (Score:2)
mgovideo
mgovideo's picture
Joined: 04/07/2009
MGoPoints: 13885

http://eztv.it/shows/275/top-gear/

@mgovideo

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July 12th, 2011 at 9:49 PM | If you want to stream... (Score:2)
aaamichfan
aaamichfan's picture
Joined: 10/23/2009
MGoPoints: 14217

http://watchseries.eu/serie/top_gear_(us)

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July 12th, 2011 at 8:50 PM | Lame (Score:2 Normal)
Mlegacy
Joined: 02/04/2010
MGoPoints: 51

Now I'm starting to wish all of those rental stores didn't go out of business by my house

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July 12th, 2011 at 8:51 PM | I was annoyed when I got this (Score:2)
Champ Kind
Champ Kind's picture
Joined: 01/02/2009
MGoPoints: 469

I was annoyed when I got this earlier as well.  I plan on cancelling my subscription.  With all the competition, it seems like this won't work out too well for them. 

Whammy!

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July 12th, 2011 at 8:52 PM | Netflix is doing all that it (Score:3 Normal)
elaydin
elaydin's picture
Joined: 04/17/2010
MGoPoints: 2196

Netflix is doing all that it can to keep you from getting DVDs.

I have the highest ranking Netflix Queue Manager in the app store (link icon by Monumental) and a month ago they told us that they would no longer give API access to people's DVD queues.

Basically, after October, the only way you can manage your DVD queue is through the website.  No Roku, no game consoles, no Android, no iPhone, no DVD players, etc.

You could see this coming when the Netflix App didn't have DVD queue access.  Then they removed DVD queue access from all sorts of other devices.  It was just a matter of time.  DVDs are a pain to Netflix.  You have to store them, you have to replace them, you have to ship them.

Unfortunately, they have no content of their own, and will have to pay higher and higher prices to the studios for access to their movies.

It'll be interesting to see how much less use the app will see.  It could be an early indication of the effect on the business.

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July 12th, 2011 at 8:52 PM | Just get HBO and be done with (Score:1)
death by wolverine
Joined: 09/24/2009
MGoPoints: 489

Just get HBO and be done with it. They have the best shows on tv and most of the best movies. I got a good deal from Time Warner.I have HBO, Showtime, and Starz, all for 15 bucks a month.

"im saying to myself should i do it should i not. I crossed the goaline and hey...fuck it" Desmond Howard on his Heisman pose

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July 12th, 2011 at 9:27 PM | Speaking of HBO shows when (Score:2 Normal)
goblue20111
goblue20111's picture
Joined: 10/31/2010
MGoPoints: 1503

Speaking of HBO shows when does Boardwalk Empire start up again? I've been scouring the net looking for a date and haven't found anything.  Next to football and hockey seasons starting up, premium cable TV shows make my Fall.  Entourage about halfway through, Dexter, Boardwalk Empire, CYE (absolutely hilarious the other night if you missed S8 premiere btw). 

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July 12th, 2011 at 9:42 PM | I believe Boardwalk season 2 (Score:1)
death by wolverine
Joined: 09/24/2009
MGoPoints: 489

I believe Boardwalk season 2 premiers in September. CYI premier was top notch. Leon was hilarious. I cant wait until season 2 of Shamless, great show.

"im saying to myself should i do it should i not. I crossed the goaline and hey...fuck it" Desmond Howard on his Heisman pose

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July 13th, 2011 at 1:40 AM | u mean (Score:1)
Bromigo
Bromigo's picture
Joined: 02/22/2010
MGoPoints: 779

U mean CYE?

We are here because we're not all there.

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July 13th, 2011 at 9:53 AM | I've never seen it but I've (Score:1)
goblue20111
goblue20111's picture
Joined: 10/31/2010
MGoPoints: 1503

I've never seen it but I've heard good things.  It used to come on right after Dexter, right? Between 10 hours of RedZone, watching my fantasy teams, then BW, then Dexter, plus the end of the Sunday night game, I was always too burnt out to check it out but I might have to give it a shot now.  I'm in love with Emmy Rossum so it might be worth it just for that. 

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July 12th, 2011 at 8:56 PM | tvlinks.eu my friends. (Score:0 Normal)
mds315
mds315's picture
Joined: 07/29/2009
MGoPoints: 359

tvlinks.eu my friends.

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July 12th, 2011 at 8:56 PM | That's bull shit (Score:2 Normal)
no joke its hoke
no joke its hoke's picture
Joined: 01/13/2011
MGoPoints: 2213

They better offer new releases on streaming and DVD at the same time! I hate that you cant stream new movies now.

Vice.com

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July 12th, 2011 at 9:12 PM | Yeah no kidding.. (Score:1 Normal)
HailToA2
HailToA2's picture
Joined: 11/24/2010
MGoPoints: 66

They're just totally raping anybody that uses the streaming portion. They know that we won't just get the streaming only package. I use streaming on my xbox360 ALL THE TIME, but use the dvd delivery for newer movies. It's ****ing infuriating that they raise the price SO MUCH and you still won't be able to get all the movies on streaming. I hate **** like this... everything I enjoy gets raised and raised and raised and the only alternative is.. basically nothing.

Charles Woodson. Tom Brady.

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July 12th, 2011 at 9:00 PM | We're changing plans as well (Score:2)
Argyle
Joined: 09/26/2009
MGoPoints: 1179

Too much of an increase. We're switching to streaming only now.

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July 12th, 2011 at 9:00 PM | Just wait (Score:1)
V-Link
V-Link's picture
Joined: 12/08/2008
MGoPoints: 107

"Streaming Content Licensing Costs To Rise From $180 Million In 2010 To $1.98 Billion In 2012" - per CNN money

http://money.cnn.com/2011/07/08/technology/netflix_starz_contract/

 

All-City '66, scored 4 TDs in one game!

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July 12th, 2011 at 9:01 PM | Just wait (Score:2 Informative)
V-Link
V-Link's picture
Joined: 12/08/2008
MGoPoints: 107

"Streaming Content Licensing Costs To Rise From $180 Million In 2010 To $1.98 Billion In 2012" - per CNN money

http://money.cnn.com/2011/07/08/technology/netflix_starz_contract/

 

All-City '66, scored 4 TDs in one game!

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July 12th, 2011 at 9:19 PM | The only reason the costs are (Score:2 Normal)
skunk bear
skunk bear's picture
Joined: 03/09/2010
MGoPoints: 1969

The only reason the costs are soaring is the greed of the content providers.

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July 12th, 2011 at 9:47 PM | Yep. (Score:2 Normal)
htownwolverine
htownwolverine's picture
Joined: 09/02/2009
MGoPoints: 3361

Beat me to it. Add in the tiered internet b.s. about to be sprung on the public and bye-bye free unfettered access.

Who is Jon Falk?
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July 13th, 2011 at 7:11 AM | Exactly (Score:1)
Grumpy52
Joined: 10/09/2010
MGoPoints: 178

It's the same reason that ATT, has put a download cap in place.

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July 12th, 2011 at 9:08 PM | Was just a matter of time (Score:2 Normal)
TheRivalry
TheRivalry's picture
Joined: 06/25/2011
MGoPoints: 85

Netflix was one of the very few companies doing right by its customers. I knew this day would come where they would seperate the original $8 plan and charge for both at double the rate. They're pretty slick in how they did it. Bump up once for a few bucks (6-8 months ago), and then a year later bump it up again by another $8. We're still having economic problems in the US and around the world in general and they decide to raise rates. Seriously, do these companies think before they do this? I had to dump my Directv because they raised my rates 3 times in 2 years. I will be dumping my DVD plan and begin using Redbox. Netflix is pretty much killing their Golden Goose.

Maize And Blue For Life

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July 12th, 2011 at 9:25 PM | Real Talk (Score:3 Normal)
goblue20111
goblue20111's picture
Joined: 10/31/2010
MGoPoints: 1503

I'd pay $20/month if they'd just put everything on streaming.  I use it so much off my PS3.  I used the DVD feature a bit in the beginning but I got sick of one DVD at a time.  I already have HBO and Showtime at home (thanks Comcast, you're not as shitty as I thought) so I may just do away with this all together.  I do enjoy some of the older movies they have (about to settle in for some Dumb and Dumber), the docs are pretty good, and they have all (or most) the seasons of some good shows (the Office, 30 Rock, TBB, etc.)  It might be worth keeping around for $10/month. 

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July 13th, 2011 at 10:30 AM | It should be three-tier (Score:1)
UMich87
UMich87's picture
Joined: 09/07/2009
MGoPoints: 3792

Shitty Selection Streaming (what we have now)

Premium Streaming (everything streaming)

DVD (but only a few dollars more)

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July 12th, 2011 at 9:28 PM | Sirius/xm and netflix was the best thing around but (Score:2 Normal)
no joke its hoke
no joke its hoke's picture
Joined: 01/13/2011
MGoPoints: 2213

Now both of them are screwing over their most loyal consumers. Sirius now charges to listen online when it was free and now this with netflix. Good job fellas

Vice.com

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July 12th, 2011 at 9:31 PM | Thats why Usenet was made, (Score:2 Normal)
phork
phork's picture
Joined: 11/01/2009
MGoPoints: 1087

Thats why Usenet was made, well not really but it sure has worked out for the best!

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July 13th, 2011 at 7:13 AM | Which is why (Score:1)
Grumpy52
Joined: 10/09/2010
MGoPoints: 178

providers like ATT have put hard caps in place, and others like Comcast have a soft cap... at least for the first few times you go over it.

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July 12th, 2011 at 9:31 PM | I would guess that this huge (Score:2 Normal)
Farnn
Joined: 07/07/2008
MGoPoints: 2342

I would guess that this huge jump is because the current model was unstustainable.  I know the economy is bad and such, but a lot of the Netflix deals with content producers are set to expire in the coming few years, and Netflix had amazing deals that they won't be able to get again.  Their costs are about to go up, probably even more than the 50% they are raising rates.  And even so, $15 a month for streaming plus a dvd is a pretty good deal.

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July 12th, 2011 at 9:44 PM | they posted this on their (Score:2 Normal)
BlueArcflash
BlueArcflash's picture
Joined: 09/13/2010
MGoPoints: 45

they posted this on their blog and left the comments on, but capped them at 5000. it's a bloodbath in there with probably 90% or better canceling before the price hike.

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July 12th, 2011 at 9:44 PM | My only issue... (Score:1)
pz
Joined: 06/30/2008
MGoPoints: 716

Used to be able to justify the 2 dvd plan pretty easily given value relative to renting movies / theater / alternatives. Now, since I don't use it that month, another 50% premium doesn't seem merited, nor does DVD-only or online-only appeal to my needs.

Tempted to drop it for a while just to see if/how it matters. Seems too easy to cling to something like Netflix when you probably wouldn't even realize if it was gone and now would save $200-$300/yr.

This is Michigan.
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