Netflix Adds Streaming-Only Plan, But Raises Prices For DVDs

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Netflix announced Monday that it will offer a $7.99 online streaming-only subscription plan to customers, while raising its rate for all other plans. The most popular subscriptions – the 1 DVD out at a time and the 2 DVDs out at a time – will see $1 increases while other options will see more steep increases ranging from $3 to $8. Current customers will see the price increase on their bills on any billing date after January 2, 2011. Head over to Techland for more details.