Netflix Making Plans for $7.99 Streaming-Only Plans in U.S.

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.

About Roberto: A blogger with a passion for applications, gadgets, new technologies, and everything new in this ever-changing technological world. Contact me via Twitter: @PG_Roberto

  • MaggieB

    As a regular Netflix user I get about a DVD per week and stream both on out TVs and iPad… Would I subscribento a streaming only plan? No. Quite frankly the only waybyou can get the better movies is on DVD or Blu-Ray disk. The streaming movies, while entertaining are older movies. So unless Netflux changes the plan and streams their better content why would anyone pay almost the full plan amount for a short-changed version? It just does not make sense.

  • StephC

    I have an iPad, and I will definitely get the streaming only plan when available. I never get the DVDs, but frequently stream movies. I love the flexibility streaming provides. You aren’t tied to your couch- but instead, you are wherever you happen to be. Big Bird for the kids in a busy restaurant waiting area… Catching up with a sitcom while my husband watched Football on the big tv…

  • Joe G

    I would change to streaming only. And then just watch rentals on Itunes for the blockbusters. Most movies aren’t worth watching anyway.

  • Erika

    I would definitely get the streaming only plan even though it is only 2 bucks less. I find that when I add new DVD releases to my queue there is always a waiting period when I could just get it from redbox right down the street. I also work at a library and can get many new DVDs from there for free. I have been waiting for netflix to do this for a while. I can’t wait till it happens.