Netflix raises prices for Blu-ray rentals

Citing increased demand for pricey Blu-ray discs, Netflix is raising rates for Blu-ray rentals. Netflix notified customers of the change by e-mail, saying:

"As you may know, Blu-ray movies are more expensive than standard definition movies. As a result, we're going to start charging $1 a month (plus applicable taxes), in addition to your monthly membership charge, for monthly access to Blu-ray movies."

Netflix VP of Marketing Jessie Becker spells out the pricing changes for each of the plans here.

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