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The Price War is ON

Posted by: , 01:59 AEST, Tue July 24, 2007
Tags: Movies, Other

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Online video rental company Netflix has lowered the price of its two-at-a-time DVD rental plan in hopes to beat out its rival, Blockbuster Inc.
Online DVD rental pioneer Netflix Inc. is lowering the price of its two most popular subscription plans by a $1 per month.

Netflix will charge $16.99 per month for a plan that allows subscribers to keep up to three DVDs at a time with no limit on how frequently the discs can be mailed back in return for another movie.

The price for a similar plan that lets customers keep one DVD at a time will fall to $8.99 per month.

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