Netflix to charge more for Blu-ray subscriptions
Bad news today for home theater fans: Netflix CEO Reed Hastings said on a conference call that because Blu-ray discs cost more to purchase, the company plans on charging a premium on accounts that rent Blu-ray movies. Hastings said "consumers are used to paying more for high-definition," but with Blu-ray renters making up only a small percentage of Netflix subscribers, this certainly won't help spur adoption.
Previous to this announcement, videophiles have pretty much gotten a free-ride on renting higher-priced high-definition media, as Netflix offered both HD DVDs and Blu-ray discs to subscribers for no additional charge … Read more