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Netflix launches $7.99 streaming-only plan, increases price of DVD plan

Netflix plansAfter a trial back in October, Netflix has now announced its $7.99/month streaming-only plan. This matches the Hulu Plus price drop from last week. Of course, both services have different libraries of TV shows and movies -- and Hulu Plus still has ads!

The new plan is targeted squarely at the growing army of those that find physical media a thing of the past. Still, a difference of just $2 is a small price to pay for the option of unlimited DVDs.

In other news, Netflix has increased the price of its DVD-loaning plans, presumably to cover the growth of its streaming service. One-DVD-at-a-time now costs a dollar more ($9.99), with larger plans increasing by a similar percentage.

The only-two-DVDs-a-month plan price remains unchanged.

[via Engadget]

Tags: hulu, streaming, streaming video, StreamingVideo, tv, video on demand, VideoOnDemand, vod