Monday, July 18, 2011

55 Percent Ditching Netflix Over Price Hikes, Poll Finds

Netflix logo PCMag.Com - Netflix this week announced that it will separate its DVD and streaming services and change its pricing plans, prompting a flood of mostly negative responses.

Effective September 1, Netflix's streaming-only service will cost $7.99 per month while DVD rentals will cost $7.99 for one disc at a time and $11.99 for two at a time. Renting one DVD at a time plus streaming, therefore, will jump to $15.98 a month from the current price of $9.99.

PCMag asked our readers what they plan to do, and as of press time, 4,604 people have responded, with a vast majority (55 percent or 2,530 people) saying they're quitting Netflix.

The second most-popular choice is streaming-only; 27 percent (1,230 people) said they'll choose this option. Few readers are opting for the DVD rental route; just 6 percent (292 people) said they'll sign up for the one disc choice and just 4 percent (164 people) said they'll pick two discs. Eight percent of readers (388 people) said they will spring for the combination DVD rental/streaming plan.      More