Netflix Lifts Cap on Streaming Video
Tuesday, January 15th, 2008
Netflix announced yesterday that all subscribers on unlimited rental plans, which includes all but it’s lowest tier, will be able to stream as many movies and TV episodes as they want on their PCs, choosing from a library of over 6,000 familiar movies and TV episodes.
Previously, the number of hours per month was limited based on the subscription level. Now, subscribers on unlimited plans get unlimited DVD rentals from the 90,0000+ Netflix library plus the ability to stream as many movies and TV episodes as they want from the 6,000 title “instant watching” library.
“Unlimited has always been a very powerful selling point with our subscribers and a large part of what set us apart in the marketplace,” said Leslie Kilgore, the company’s chief marketing officer. “In talking with members about our streaming feature during the past year, it became clear that, as with DVDs, the idea of streaming unlimited movies and TV episodes on a PC resonated quite strongly. And we’re now in a good position to offer that.”
This service competes with Blockbuster’s MovieLink and it is rumored that Apple will be announcing a similar service with iTunes in the near future.
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