AI
Tuesday, July 12, 2011 5:06:58 PM
Netflix Inc. boosted by 60% the price of its cheapest movie-rental plan that includes streaming and DVD rentals, triggering an outcry among customers who still use the disc format despite the growing popularity of online movies.
The Los Gatos, Calif., company said it will no longer offer a $9.99 a month plan that allows members to stream an unlimited number of movies over the Internet and to rent one DVD at a time. In its place, Netflix subscribers will have to pay $15.98 a month for a plan that combines an existing $7.99-a-month streaming-only movie service with a new $7.99-a-month DVD-only rental plan that lets them check out one disc at a time.
http://online.wsj.com/article/SB10001424052702304584404576442231619018422.html
The Los Gatos, Calif., company said it will no longer offer a $9.99 a month plan that allows members to stream an unlimited number of movies over the Internet and to rent one DVD at a time. In its place, Netflix subscribers will have to pay $15.98 a month for a plan that combines an existing $7.99-a-month streaming-only movie service with a new $7.99-a-month DVD-only rental plan that lets them check out one disc at a time.
http://online.wsj.com/article/SB10001424052702304584404576442231619018422.html
My post is for my entertainment, do your own DD before pushing your
buy/sell buttons
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
