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Netflix Lowers Streaming Price by $1 for New Members

Aiming to add new members who received Apple TVs, Chromecasts or tablets over the holidays, Netflix has cut its streaming price to $6.99 for new members.
The deal, accessible via Netflix's signup page, lets you watch Netflix on one screen at a time. The two-screen option is $7.99, the price charged for the streaming-only service since 2011, when the company initiated a controversial program to separate streaming from its DVD-by-mail service.
See also: Netflix Is the Breakthrough Brand of 2013

Netflix reps could not be reached for comment on the new pricing. It's not clear whether current members can "downgrade" to the lower-cost plan. You could, of course, drop your existing account and sign up for a new one to enjoy the discout.
The company traditionally sees a big bump in new subscribers in the fourth quarter, when consumers buy new devices with which they can stream the service. In the fourth quarter of 2012, Netflix added 2 million subscribers, double the previous quarter.
[via Adweek ]
Image: Ryan Anson/Getty Images

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