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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; Andrew.FitzGerald@dowjones.com

Stock News for Coinstar (CSTR)
DateTimeHeadline
04/26/201307:10:10U.S. Stock Futures Fall Before GDP
04/26/201306:51:45U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
04/25/201316:54:34Coinstar 1st-Quarter Net Fell 58% As Redbox Slowdown Continues
02/27/201311:29:15Coinstar Expands Move to Make Coin Machines Act as PayPal ATMs
02/08/201312:46:30TECH STOCKS: LinkedIn, AOL Surge, Leading Techs Higher
02/08/201312:41:03TECH STOCKS: LinkedIn, AOL Lead Early Tech Surge
02/07/201317:14:18Coinstar 4th-Quarter Net Down 27%; Shares Fall on Weak View
02/05/201310:16:52Correction to U.S. Hot Stock Futures Table
02/04/201318:47:49Coinstar Taps Board Member Nelson Chan as Chairman
01/24/201311:22:05Netflix Shares Surge as New Subscribers Support Growth Plans
12/12/201209:54:21Redbox, Verizon To Launch Beta Streaming-Video Product This Month
12/05/201216:39:53TECH STOCKS: Apple, Pandora Losses Drag On Tech Stocks
12/05/201215:14:34TECH STOCKS: Apple, Pandora Sinks; H-P Leads Tech Uptick
10/03/201213:52:40Correction to Coinstar Story About Redbox Live-Event Ticketing
10/03/201212:05:14Coinstar Broadens Redbox Offerings With Live-Event Ticketing
09/24/201210:30:04TiVo Says Verizon Agrees to Pay $250.4 Million in Patent Suit
09/24/201209:06:41TiVo Says Verizon Agrees to Pay at Least $250.4 Million to Settle...
08/16/201215:54:13Coinstar Shares Rebound on Deal Chatter, Buyback Plan
07/24/201211:03:33Verizon, Coinstar Start Testing Digital Joint Venture
06/05/201218:10:09Starbucks, Seattle's Best Sign 5-Year Kiosk Deal with Coinstar

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