Netflix plans video streaming only by Zivka Deleva

The American corporation Netflix that works on the issue of video streaming on the Internet and Blu and Blu-ray Disc rental in the U.S. now has came up with a new idea. That, when you think a bit better is nothing so extremely new, but it's like the managers have found a way to improve the company's profit by including a streaming-only subscription plan for the States and raise the prices of other streaming and U.S. plans. I suppose consumers are not going to be that satisfied with the new program, but that's the thing. The 13 year old company that is centered in California is already doing pretty well on the Stock. Last year, the company's collection rose to 100,000 titles! on DVD and they had more than surprisingly 10 million subscribers. The biggest benefit that Netflix wants to achieve with this step is to reduce the DVDs by mail. According to some analysts, the DVD sell is pretty limited and the streaming still shows a better future. And now, off course, the users' prices are going be higher and the thing is the new subscribers are going to pay right away the new price and the old ones can wait until January. The prices are going to be much higher than before and the company is kind a expecting the subscribers number to fall for some hundreds of thousands. Well, in business one must take risks, because there is no profit if there is no risk. As for the numbers, in the last quarter, the company had some 16.9 million members in the U.S and in Canada. The officials have still a lot to do in improving the streaming video library compared with its DVD by-mail selection, but I believe they are going to improve that as well.

by Zivka Deleva for Cantell TV (http://cantell.tv)

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