We’ve recently seen Netflix’s financial results, and the last 12 months have been quite impressive for the company. The number of Netflix subscribers streaming videos has more than doubled in the last year.
With more than 16 million members in the United States and Canada, Netflix has become the world’s leading Internet subscription service for enjoying movies and TV shows. As of Netflix’s most recent quarter, 11.1 million subscribers are using “Watch Instantly” for at least 15 minutes. So it shouldn’t be a surprise to see the company already making plans to offer streaming-only plans.
Investors and subscribers have been going bananas for Netflix. The company has done a tremendous job transitioning itself from a DVD rental company to one of the most financially successful web video companies in the world. This means good things for your iPad, iPhone, Apple TV and a plethora of other mobile devices. We should expect much more online content to head our way, which makes it easier wherever we go.
But, Netflix has bigger plans. The company, which moved into Canada this year, is already making plans to perhaps move beyond North America in the second half of 2011. Who could blame them after the financial results they’ve been posting over the last year.
It seems that Netflix will introduce the streaming-only US plans very soon as visitors to its site have been offered the option under certain conditions. We’ve heard from a few of our readers that depending on the browser or region, some have seen the option being offered at $7.99/month (similar to Canada). But, others have not seen the option at all.
Engadget has reported a follow-up leak that shows Netflix’s tiered plans and shows that streaming-only would cost $7.99, but physical rentals would require you to pay $10.
Will you sign up for the streaming only package when available in your region? Are you a heavy Netflix user? I am, but would like to know what others think.