Netflix is killing off cable and satellite TV, almost single-handed. It’s cheaper. There are more options on what to watch. You don’t have to watch ads.
And now you can stream movies and TV shows to your iPad, iPhone or iPod Touch. (The streaming to your computer option has been able for a while.) So they released a plan that is solely streaming with no DVDs by mail — for a mere $8 a month. Eventually, if Hollywood loosens its grip a little, I’m guessing all movies and TV shows will be streaming. Currently only about 10–20% of Netflix’s library can be streamed.
So of course they’d up their prices. The $17 plan is now $20. Other plans went up too. If you have a monopoly, why not raise your prices? (Yes, technically, there are other competitors, but Netflix is the 1,000 pound gorilla in that marketplace.)
Note for my overseas readers: Netflix is not yet available in other countries except Canada, but I think it’s a matter of time, if the country’s infrastructure can support it. I’m not expecting it in Afghanistan anytime soon.