Earlier this week, Netflix announced that it will increase the price of its streaming video service by “one or two dollars a month” within the next few months in order to support its development of original content such as ‘House of Cards’ and ‘Orange Is the New Black’. Does this upset you enough to cancel your subscription, or are you not bothered by it?
To be clear about what’s happening, the rate hike will initially only apply to new subscriptions. According to CNN, existing customers will be grandfathered into their current rates for an undetermined “generous time period.” Does that make this a non-issue, or are you worried that the time period will not be as generous as implied?
I don’t use Netflix myself. I just don’t stream enough content to make a monthly subscription to anything worthwhile. If I feel like streaming a movie, I’m much more likely to do it in a la carte fashion from VUDU. Also, it troubles me the way that Netflix frequently purges content from its catalog. Although this means that I miss out on original programming like ‘House of Cards’, I have enough TV to watch as it is to keep me busy. Also, if I really needed to, I could catch up with ‘House of Cards’ on Blu-ray. I’m confident that Netflix’s other shows will become available by other means eventually.
However, if I were a Netflix subscriber, I don’t think that a $2 monthly increase would deter me. Hell, as a cable subscriber, I’ve learned to take rate hikes in stride. Netflix still seems like a good value for what it offers.