Netflix Price Drop

Netflix Price Drop
Lucky for me, Netflix has dropped the price of their two most popular subscriptions. It is only $1 less per month, but it’s still a nice treat to log onto your Netflix account and see “You’re now paying less.”

Netflix Logo

Now the plan that used to be $17.99 per month is $16.99, allowing you unlimited rentals of three at a time. Likewise, the unlimited single DVD plan dropped from $9.99 to $8.99. I prefer the former to the latter because I do a lot of movie watching (who needs cable when you have an unlimited supply of DVDs, HD DVDs, and Blu-ray Discs?) Earlier this year, Netflix had dropped two less popular plans $1 as well to $14.99 and $5.99.

This comes on the heals of a report today by Netflix that they’ve had their first ever drop in subscriptions and have lowered their subscriber, revenue and profit forecasts for this year. (To be fair, Netflix dropped the prices before the report, but I didn’t log on until today – of course Netflix probably knew of the report in advance.) It seems as if Blockbuster is putting the pressure on.

In other news, I still have over 420 movies in my queue.

About Steven Kippel

Steven Kippel has worked as a systems designer for a leading high-end audio/video custom integrator in Southern California since 2003. He is responsible for researching new technologies and integrating them into existing systems and new construction projects. He has designed several high-profile systems for discriminating clients on the cutting-edge of technology. When he is not hard at work, Steven is spending time with his wife, playing with his band or promoting concerts and bands in the Inland Empire. His favorite bands include The Cure, U2, Eisley, Living Sacrifice and DragonForce.

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