Netflix now to offer a streaming only plan

In a move that has been rumored for a little while, Netflix has announced that they will offer a new streaming only plan for $7.99.  With the new plan also comes a small price hike for the old plans.  The chart on the right explains it all.  The bigger plans have the heaviest increase with the 8 DVD plan adding 7 bucks a month.  If you are a new subscriber these prices are in effect now.  If you are an existing customer you will see the increase in your January bill.  Netflix's streaming catalog offers only around 20% of their total movie collection.  So its something to think about.

via: mediamemo