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Netflix Separates Streaming, Mail-Order DVD Subscription Plans

DOW JONES NEWSWIRES Netflix Inc. (NFLX) disclosed plans to separate its streaming and mail-order DVD subscription plans in the U.S., a move it said better reflects the cost of each plan. Customers who want both both unlimited streaming and to receive one DVD at a time by mail must subscribe to two plans, each for $7.99. Previously, subscribers paid $9.99 under a single plan for the same services. The move continues the Internet movie service's efforts to promote higher-margin online videos as it faces off against Coinstar Inc.'s (CSTR) Redbox DVD-rental kiosks. The company has also said its members are now watching more content streamed over the Internet than on discs delivered by mail. Netflix began offering its first streaming-only subscription plan in the U.S. last November for $7.99, while raising prices for all plans combining streaming service and mailed DVD deliveries. The new pricing will start for charges on or after Sept. 1 for existing members and immediately for new subscribers. Shares were recently up 1.2% to $294.10. The stock has more than doubled over the past 52 weeks. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; [email protected]

Stock News for Coinstar (CSTR)
02/15/201717:20:38Statement of Ownership (sc 13g)
02/15/201706:04:37Statement of Ownership (sc 13g)
01/30/201706:06:58Current Report Filing (8-k)
01/30/201706:00:00CapStar Financial Holdings, Inc. Announces Fourth Quarter 2016...
01/10/201715:21:33CapStar Announces Dates for Fourth Quarter 2016 Earnings Release...
12/28/201617:02:45Securities Registration: Employee Benefit Plan (s-8)
11/29/201610:00:00CapStar Adds to Commercial Real Estate
11/08/201616:06:06Quarterly Report (10-q)
10/27/201619:26:00CapStar Financial Holdings, Inc. Announces Third Quarter 2016...
10/27/201616:10:52Current Report Filing (8-k)
10/11/201617:40:00CapStar Announces Dates for Third Quarter 2016 Earnings Release...
09/27/201617:31:00CapStar Announces Exercise of Purchase Option and Closing Of...
09/27/201617:29:28Current Report Filing (8-k)
09/23/201619:03:15Statement of Changes in Beneficial Ownership (4)
09/23/201618:38:02Statement of Changes in Beneficial Ownership (4)
09/23/201618:36:41Statement of Changes in Beneficial Ownership (4)
09/23/201618:36:13Statement of Changes in Beneficial Ownership (4)
09/23/201618:35:45Statement of Changes in Beneficial Ownership (4)
09/23/201618:34:54Statement of Changes in Beneficial Ownership (4)
09/23/201618:34:54Statement of Changes in Beneficial Ownership (4)

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