As the title states no need to repeat myself. Netflix says that a cheaper plan will attract new customers.
"A cheaper subscription plan could be more attractive to new (subscribers) and it would also likely carry higher gross margins and potentially even higher gross profit (over time), given the extremely low cost of delivering streaming content," Douglas Anmuth, an equity analyst for Barclays Capital in New York, said in a research note to investors.
While streaming content is convenient, Netflix doesn't truly offer a wide variety of programs. One feature netflix should add though is the ability to watch new episodes of TV programming which will definitely be more convenient as well as increase their video library. I was halfway through watching My Cousin Vinny when Netflix just removed the movie leaving me halfway through. More Videos + Happy people = Making taking over the world easy.
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