Netflix has now lowered their DVD rental fees
July 23rd, 2007 Leave a comment Visited 30 times, 1 so far today
Netflix has now lowered their DVD rental fees
Online DVD rental company Netflix has announced their decision to lower the price of its two most popular subscription plans by a $1 per month.
The company as a result is going to loose millions of dollars in revenue as they aim to take away customers from rival service provider Blockbuster Inc.
Netflix is now going to charge $16.99 per month for a plan that allows subscribers to keep up to three DVDs at a time. This plan also has no limits on how frequently the discs can be mailed back in return for another movie.
A similar plan allowing customers to keep one DVD at a time would cost $8.99 per month.
With these cheaper rates, Netflix is now marching the prices charged by Blockbuster for similar online-only services. These two plans are the most popular plans used by millions of Netflix customers.
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