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brassmonkey 03-30-2009 05:31 PM

baddog heads up
 
be prepared to pay more!



SAN FRANCISCO (AP) ? Online DVD rental leader Netflix Inc. is raising its prices for Blu-ray discs in a change that will triple or quadruple the high-definition surcharge on Netflix's most popular subscription plans.

The new rates announced Monday are being driven by the growing appetite for the Blu-ray format among Netflix's more than 10 million subscribers.

About 1 million of the subscribers are requesting Blu-ray discs instead of standard DVDs, and Blu-ray discs cost about 30 percent more. That means Netflix's profit margins are being squeezed as it expands its high-definition inventory.

The Los Gatos, Calif.-based company had been imposing a $1 monthly surcharge for Blu-ray rentals since September, regardless of how much the basic subscription plan costs.

Effective April 27, Netflix will adopt a sliding scale that will slap higher Blu-ray fees on plans that enable customers to check out multiple DVDs at a time.

Renters who pay $14 per month for Netflix's two-DVD package will have to fork over another $3 if they want Blu-ray discs. Under another popular plan that costs $17 per month for three DVDs, customers who prefer Blu-ray discs will have to pay an additional $4. Subscribers who have more expensive rental plans will pay even more for the Blu-ray luxury.

All monthly fees will remain the same for customers who exclusively rent standard DVDs. Netflix is trying to make it easy for people to avoid the new surcharges by disabling the Blu-ray preference in their rental accounts.

Netflix's Blu-ray selection spans about 1,300 titles, a paltry number compared with the more than 100,000 movies and TV shows in its library of standard DVDs.

The higher Blu-ray fees come at a time when Netflix's subscriber growth has been accelerating, partly because more households have been gravitating toward relatively cheap forms of home entertainment to save money.

Since September, Netflix has added more than 1.3 million customers and its stock has surged more than 30 percent. Netflix shares rose $2.35, or 5.9 percent, to close at $42.03 Monday.
:helpme

Bored 03-30-2009 05:32 PM

oh the humanity :(

tony286 03-30-2009 05:33 PM

boy that sucks

Sly 03-30-2009 05:35 PM

Sounds reasonable enough to me... it's still a good deal.

SBJ 03-30-2009 05:41 PM

that sucks! not sure if it would be worth it. I'm not actually a member of net flix but if i was I too would want blue ray discs but with only 2 or 3 new good movies a month coming out on blue ray not sure if you'd get you moneys worth for the extra $4 per month.. but I'd prolly still pay the higher prices

baddog 03-30-2009 05:43 PM

I have my doubts they are going to make it past the free month trial with me.

brassmonkey 03-30-2009 06:15 PM

Quote:

Originally Posted by baddog (Post 15690031)
I have my doubts they are going to make it past the free month trial with me.

those scratches turned me off and they dont credit u 4 having to get another:helpme

Sosa 03-30-2009 06:18 PM

I'll just keep renting week old releases from our local place on Mondays. $.99/movie and you keep em five days. Makes for a nice quite friday evening.

brassmonkey 03-30-2009 06:22 PM

Quote:

Originally Posted by Sosa (Post 15690130)
I'll just keep renting week old releases from our local place on Mondays. $.99/movie and you keep em five days. Makes for a nice quite friday evening.

yeah i used to do that when my kids were younger now my time is work play my xbox 360 or i play my kids ps3

Barefootsies 03-30-2009 07:09 PM

Quote:

Originally Posted by Sly (Post 15690004)
Sounds reasonable enough to me... it's still a good deal.

:2 cents:

woj 03-30-2009 10:46 PM

gee, so it's few bucks more now? :1orglaugh

2012 03-30-2009 10:54 PM


pocketkangaroo 03-30-2009 11:51 PM

Got that e-mail today too. The $1 Blu-Ray upgrade was a sweet deal and I knew it couldn't last forever. Netflix is still a bargain if you're watching a few movies a week.

nation-x 03-31-2009 05:33 AM

Quote:

Originally Posted by pocketkangaroo (Post 15690879)
Got that e-mail today too. The $1 Blu-Ray upgrade was a sweet deal and I knew it couldn't last forever. Netflix is still a bargain if you're watching a few movies a week.

Exactly... the same type of program at Blockbuster cost me $38/month.


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