Netflix causing Price increase 2012

[ScarredLungs]

I know there are many people who enjoy netflix and love streaming movies. I am anti-renting (including netflix). I only buy Nonetheless, here is an interesting news article that I found. It talk about how Netflix and Hulu are causing changes in the price we pay more internet. Starting in 2012, some companies will switch to a pay per web usage model mixed with the current formula. Below is just an excerpt. This is the link for the entire article: http://www.sfgate.com/cgi-bin/articl...6257.DTL&tsp=1

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Netflix steers customers with enough bandwidth toward high-definition movies, which soak up about double the data. Charging by Web usage, cable companies may discourage customers from dropping traditional pay-TV service and slow the growth of Netflix, Hulu and an expanding list of online alternatives, Moffett said.

The possibility of usage-based pricing has brought protests from Los Gatos-based Netflix and warnings from Charlie Ergen, chairman of rival Dish Network, which operates the Blockbuster movie-rental business. "That Netflix subscription of $7.99 could go to an extra $20 a month for bit streaming," Ergen said, making a total monthly subscription "the equivalent of $27.99."
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