Is this the chance Netflix rivals have been waiting for?

SlashGear - Netflix might have committed a major blunder earlier this week by announcing that customers who had previously paid $9.99 per month for unlimited DVD rentals (with one DVD out at a time) and unlimited streaming will now need to pay $15.98 for the same service.

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Gondee4217d ago

No, because as stated, new revenue will go towards new Streaming licenses. The already only net 100 million per year. The price increase will make them even better.