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"Mr. Bewkes explained that in the late 1990s the media industry embraced Netflix as a new distribution outlet for renting DVDs — without foreseeing that the company would eventually accelerate the decline in the sales of DVDs, which for years had been the lifeblood of the film industry. Now, with its success online, Netflix has raised fears that consumers may stop paying for cable television — the much-debated phenomenon of cord-cutting."
"Under the new plan, subscribers who were paying $16.99 per month for Netflix's popular three-discs-at-a-time plan, plus the $1 Blu-ray premium, will now have to pay $20.99 per month in total, representing a 24% overall increase in the cost of the plan." First Silverlight, now this.
"A little tidbit tucked away at the bottom of a blog entry posted in the wee hours of the morning proclaims that the movie rental company will make its "Watch now" service work on Macs by the end of this year."
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