Netflix's New Pricing Plan Is Going to Cost You

Netflix revealed a new pricing plan that screws DVD-philes out of $7.99 per month. Currently, if you wanted unlimited DVDs and streaming, you paid $9.99. Now, if you would like to receive the occasional mail-order picks and also stream movies, you'll have to buy into two separate plans: $7.99 for DVDs and a another $7.99 for just their online offerings.

The company explains to customers that $7.99 is less then $9.99, meaning you're saving big, "These plans offer our lowest prices ever for unlimited DVDs -- only $7.99 a month for our 1 DVD out at-a-time plan ... By offering our lowest prices ever, we hope to provide great value to our current and future DVDs by mail members." Note the emphasis on savings.

Read the full story at The Atlantic Wire.

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