Netflix introduces streaming-only plan, raises prices for those who still want DVDs
As it’s been hinting for months now, Netflix has introduced its first streaming-only membership plan, allowing subscribers who want access to unlimited movies and television shows via its Watch Instantly feature—but don’t like encouraging the further tyranny of the U.S. Postal Service—can do so for only $8 a month. It’s a strategy that makes Netflix an even stronger competitor against services like Hulu Plus, which recently dropped its own subscription fee to $8 as well. Netflix is now on track to be the most powerful distributor of home video entertainment in the world, and it couldn’t have done it without its loyal subscribers.