Netflix is no longer alone in rate hikes, although this will more than likely have zero effect on Redbox’s customer base. The day of the dollar DVD rental is over, rest in peace.
Visit http://www.redbox.com/pricechange for more info.
Netflix announced today that it will not be splitting off its DVD-by-mail service into a new site, Qwikster.com, instead it will stay at Netflix.com and allow members to continue using one website, one account and one password. After all the complaints I doubt they really had much of a choice, especially after losing customers with their pricing scheme changes, this would have ensured a further bleed from their subscriber base. I think there’s only one person who really hates this idea, the guy who has the Qwikster Twitter handle. Sorry pal, no payday for you.
Here’s the posting from Reed Hastings on the Netflix blog:
Dish Network is planning to release a Blockbuster online streaming program similar to Netflix’s next month according to Bloomberg. The timing on this was aligned to the raising and restructuring of prices on Netflix’s streaming and DVD rental plans.
Blockbuster already offers both purchase and rentals online in streaming fashion on its website. This will be its first subscription based streaming service. If not at point of launch, then at some point Dish will get this service on their boxes to push as an upgrade to their customers. After all that was the point to their purchase of the bankrupt video rental chain.
Starz is expected to be available from Blockbuster streaming, which is interesting news considering they just walked away from renewing their deal with Netflix streaming. This should make the Blockbuster service a bit more appealing, but won’t cause much switch over from Netflix until the Starz contract runs out at the end of February. I’m most interested in how much it will cost and will they include DVD rentals through the mail with this as Netflix originally did?
On November 22nd Blockbuster video stores introduced a new tiered rental system. The idea is newer films cost more to rent. Makes sense. Of course leave it to Blockbuster to screw it up. Brand new “Just Arrived” rentals are $4.99 for three days now, same price but reduced rental period from one-week. I’m fine with that, remember that they don’t have a 28-day window with the studios so they get all the new movies on the same day they are available for purchase. “New Release” movies that have been out for six weeks or more are $2.99 for the same three day rental period. That’s the same price as the $1 a night kiosk rentals. This falls fairly closely inline with the 28-day window, the kiosks should by now have all these movies available as well. That’s fine and dandy for new releases (i.e. everything on the walls), but what about catalogue titles?
All the stores in my area have a “99cent Rentals” banner. This leads you to believe that they actually have 99 cent movies. Continue reading
Warner has won the first battle against consumers. That’s right, Warner Bros is trying to force you to buy rather than rent. Warner will now supply Netflix with many older catalog movies for their streaming now service. In return Netflix won’t rent any new Warner titles until 28 days after they go on sale. At the time of this post this deal has already gone into effect.