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The aspect of this most are missing is that Netflix basically has NO choice other than to dramatically raise rates to remain in business - content producers, such as Starz, are now demanding far more for licensing content for streaming.
Netflix can legally rent DVDs without the studios approval with no licensing fees.
However, Netflix can NOT legally stream content without prior approval / paying licensing fees to content producers.
Bottom line is content producers have Netflix over a barrel when it comes to streaming. Netflix isn't raising prices out of greed, but rather for survival.
And to make matters worse for Netflix, there are numerous competitors nipping at their heels with far more cash to burn to license content, in particular, Amazon.
Ron
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Domagon - Website Management and Domain Name Sales
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