Netflix lowers DVD rental rates by $1

I did some research back in February on which service to use, Blockbuster or Netflix, and as the result I am a happy Netflix customer right now. The reasons I chose Netflix over Blockbuster? Here are some:

  • Netflix has better website IMHO;
  • All my friends are on Netflix so we can share favorites;
  • Faster DVD turnout rate;
  • Better variety of foreign titles

There is just one thing that I like with Blockbuster which Netflix doesn’t offer. For the same price you pay to Netflix for 3-DVD out subscription ($17.99 right now) you can get one free in-store rental a month with Blockbuster. This is very useful when friends drop in for a visit and you need to choose what to watch.

Netflix sure realizes the importance of this benefit. According to this Associated Press article starting tomorrow they are lowering price of their 3-DVD’s out plan from $17.99 to $16.99 and the price for 2-DVD’s plan (the one I currently have) from $9.99 to $8.99. Earlier this year Netflix lowered price on two other plans which now cost $13.99 and $4.99.

To counter-fight the measure Blockbuster has a set of plans which cost $1 less but exclude the option of free in-store movie rental and in-store movie exchange. What can I say, this looks like a war for on-line DVD rental dominance. ;-) And we as customers are the winners!

For current Netflix pricing information go to this page and click on “How much do the plans cost?” to the right. For Blockbuster follow this link and click on “See all plans” button.

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3 Responses to “Netflix lowers DVD rental rates by $1”

  1. 1 Mike G. Jul 23rd, 2007 at 11:07 am

    I think I’m ready to jump aboard the Netflix ship.

  2. 2 Alex Jul 23rd, 2007 at 11:33 am

    Netflix rocks! I was sceptical for a long time but the convenience and price finally won me over. My advise to whoever is signing up for the Netflix is to go and sign up through the site. You get like $18 reward. At least it used to be like that. ;)

  3. 3 Yan Jul 25th, 2007 at 9:48 am

    Alex & Mike, should we share our favorite movies now! I will send you an invite…

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