Netflix lowers price to fend off competition

Netflix lowers price to fend off competition
Thanks to increasing competition from the rival rental giant Blockbuster, Netflix has announced they have lowered the price of their "2-at-a-time DVD rental plan" by $1.

Earlier this month, Blockbuster lowered the price of their 3-at-a-time DVD plan by $1 to hopefully gain some market share on its rival.



Now Netflix customers can have the 2-DVD plan for $13.99 per month and the 3-DVD plan for $17.99 USD, prices equal to that of Blockbuster.

Source:
BetaNews


Written by: Andre Yoskowitz @ 28 Jun 2007 16:26
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  • 26 comments
  • borhan9

    Never used it never will. Not anything wrong with it but its just as i like to get my DVD's the old fashion way. As in go to the video rental store and get it that way.

    28.6.2007 17:12 #1

  • navi1199

    OMFGA WHOLE DOLLAR WOW NOW I WILL HAVE 1 DOLLAR MORE YES!! DOLLAR MENU HERE I COME!!!!

    28.6.2007 17:31 #2

  • Jasper44

    Haha WTF is up with these $1 reductions. This is completely ridiculous.

    28.6.2007 18:44 #3

  • limelight

    Originally posted by navi1199:OMFGA WHOLE DOLLAR WOW NOW I WILL HAVE 1 DOLLAR MORE YES!! DOLLAR MENU HERE I COME!!!!lmfao

    Best line ever! :)

    28.6.2007 19:30 #4

  • erjl

    Invest that dollar a month and at 5.25% you will have $423.11 in only 20 years. (not corrected for inflation)

    28.6.2007 21:36 #5

  • MichaelP1

    of course if they lower the price one dollar the throttling will even get worse than it is now lol.

    29.6.2007 00:27 #6

  • keeprolin

    Originally posted by erjl:Invest that dollar a month and at 5.25% you will have $423.11 in only 20 years. (not corrected for inflation)lets hope in 20 years it's not the $423.11 menu ;)

    29.6.2007 04:37 #7

  • DakotaFan

    I have both a Netflix account and a Blockbuster account and based on my experience with both companies, I have to say that Netflix is pretty fast at shipping DVDs. Blockbuster throttles a lot more than Netflix does.

    29.6.2007 05:24 #8

  • ZippyDSM

    ya...give me a 3 at a time plan thats 15 even WITH tax and we will talk till then,stfu....

    29.6.2007 06:32 #9

  • CrowDUDE

    Originally posted by navi1199:OMFGA WHOLE DOLLAR WOW NOW I WILL HAVE 1 DOLLAR MORE YES!! DOLLAR MENU HERE I COME!!!!LMAO

    29.6.2007 07:59 #10

  • georgeluv

    luckily for everyone netflix is only a few steps away from what i consider to be the sweet spot price for downloaded movies. right now you can download 5 movies for 5 bucks, but yes, they come with DRM. obviously DRM doesnt do anything if the person who wants to rip the stream has the IQ of a chimp or higher and can perform a google search (or afterdawn forum search:)) but i dont like going through all that trouble, and what if you comp hicups wile your ripping?

    i said it before and ill say it again, i vow to stop downloading movies for free when i can download the entire movie, WITHOUT DRM, for me to keep on my HD forever, for the cost of 1 dollar. same goes for music but with the price of 1 cent. how come a downloaded song costs the same as a downloaded movie these days? curious.

    30.6.2007 08:40 #11

  • relffy

    I went to spunway to download my movie , no DRM there . it costed me $2.50 to download mp4, I have used netflix but just a dollar off?? and I still have to rip it>?

    30.6.2007 08:58 #12

  • FredBun

    still not good enough

    7.7.2007 00:49 #13

  • diableria

    $1 is exactly the same, $5 would be a good start

    7.7.2007 06:54 #14

  • FJGallag

    Going to the store is great for new releases, and for classic older releases. But I've found that the local Blockbuster store does not carry a lot of certain types of content. Their inventory is limited and spotty. For instance, you can't rent shows like Stargate SG-1 or Stargate Atlantis, Cheers, Taxi, Mission Impossible Seasons 1 & 2, or shows my daughter and her friends like such as the O.C. and One Tree Hill. When they do carry a TV series such as 24, they actually have missing episodes in the series, so you might be able to rent some shows from a season, but not all. I go to the local Blockbuster to get new releases of current and classic movies and just a few of the most popular TV shows, and I use Blockbuster Online for all other TV shows and movies. Since they let you return EVERY online rental to the store for a free in-store rental, you actually get twice as many rentals as you pay to rent online. I pay to rent four-at-a-time online, but get four more free in-store rentals when I return them to the store, essentially doubling what I pay for. Netflix can't match that, and so will lose this war eventually, once more people realize what Blockbuster Online is really offering (twice as many films as you are paying to rent). So it's not really a dollar-for-dollar comparison because Blockbuster actually gives you twice as many movies for the SAME price.

    7.7.2007 06:55 #15

  • codejunki

    Daughter gave us a Christmas present at NetFlix, and didn't tell us about it. At first i thought we'd got our card slammed on some online purchase, but 2-months later (after complaining, and not finding any charges against card) found that it was a 3-month present. (redface). Have to say NetFlix was a well run operation, the disks played well, and returns was painless, but we let the thing run out. Too busy with other things to be tied down to a rental schedule of any kind. If i were to patronize an online movie rental it would probably be NetFlix. But until i get too busy or too old to go to the local video rental store that won't be anytime soon.

    7.7.2007 09:47 #16

  • MichaelP1

    the stuff i want i can't find at my local video store that what netflix is good for and even for the most part BB online doesn't have what netflix has that i want

    7.7.2007 10:40 #17

  • rockjckey

    Netflix is cool cause now you can watch 10 hours of free movies online per month and still receive unlimited movies in the mail. I usually can watch 8 movies by mail per month. That's a total of 13 movies per month or more for 10 bucks!

    7.7.2007 22:47 #18

  • FredBun

    flgallag, you hit the nail on the head about blockbuster, I've used both netflix and blockbuster, blockbuster with store alone is not much to brag about, but with it on-line together with the store outways netflix by a mile.

    10.7.2007 16:49 #19

  • o0cynix0o

    My parents have a NetFlix account, I think I use it more then they do. I can't get the Doctor Who DVD's at the Blockbuster. So all in all not to bad. They need to expand their TV series DVD selection a little.

    27.7.2007 17:58 #20

  • aabbccdd

    if i was betting the lower prices will lead to even worse throttling.heres a disc i got from them the other day




    and NO the piece broken out of the DVD wasn't in the envelope lol




    29.7.2007 01:24 #21

  • ZippyDSM

    Originally posted by aabbccdd: if i was betting the lower prices will lead to even worse throttling.heres a disc i got from them the other day



    and NO the piece broken out of the DVD wasn't in the envelope lol
    I blame the mimialist shipping. :P

    29.7.2007 14:31 #22

  • FredBun

    aabbccdd, lol, dont feel bad about netfix doing that, I got near the same from blockbuster a couple of times, somebody has to be smoking some good s*#t to sent out something like that.

    30.7.2007 05:55 #23

  • ZippyDSM

    Originally posted by FredBun: aabbccdd, lol, dont feel bad about netfix doing that, I got near the same from blockbuster a couple of times, somebody has to be smoking some good s*#t to sent out something like that.do hey even check discs?

    30.7.2007 06:05 #24

  • aabbccdd

    Quote:do hey even check disc's?theres no way they checked that disc unless thats part of there sham to throttle you and i would't put that past Netflix to do that




    1.8.2007 01:39 #25

  • Unfocused

    I've received a few broken disc from Netflix in the past, and they have always been good about getting a non-broken replacement to me. They never have charged me either for the defect. They may have only dropped the price by $1, but they still trust their customers. That is more than can be said about most companies out there.

    12.8.2007 11:26 #26

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