Today in TechNetflix changes business models … again
Do you miss your old Netflix account, where you just paid for DVDs by mail without having to stream movies, too? If so, good news — the nation's biggest video rental company is once again offering their DVD-by-mail service for $7.99 a month.
The business model is anything but new. It's how Netflix got its start. Last year, however, they changed the name of their DVD-by-mail format to Qwikster until they were ridiculed into changing course, requiring customers to also buy their DVD-streaming service. It's hard to argue that Netflix is a well-run company with a solid business plan — the company is simply reacting with fear to news that Verizon and Redbox are forming a competing company.
If you're interested in "Netflix classic," you can head over to their website and subscribe once more. The company is offering free one-month trial memberships, but to take advantage, you need to be a new customer.
[Image source: Bryan Gosline]
This article was written by Fox Van Allen and originally appeared on Tecca
More from Tecca:
