Netflix and MMORPGs Are Good Value
With all the hoopla over various Netflix price increases, I had a chat with my girlfriend about the value of their service. We talked about our usage of it, the alternatives to it, and the overall entertainment value of it to each of us. I even did some quick number crunching and the bulleted information below is the result. Old Netflix Price for unlimited streaming content and 2 DVD rentals out at a time: $16 New Netflix Price for the same package as above: $21 Average number of movies we watch per month: 9 (Approx 18 Hours) Average hours watching streaming content per month: 15 Total monthly price per hour of entertainment before price hike: $0.48 Total monthly price per hour of entertainment after price hike: $0.63 Total price increase per hour: $0.15 When I broke our usage down by the hour, the extra 15 cents didn't bother us all that much. We use Netflix quite a bit and deemed the price increase perfectly acceptable. This was especially true when we considered the other available options. Comcast On-Demand: $5 per movie for approx 9 movies a month = $45 ($2.50 per hour) and that's without any streaming content which is lumped in with the cable bill. This is the most convenient method seeing as it's available with the click of a button (no mailing the DVDs back or dropping them off at stores or dropboxes), but it's insanely overpriced given that we already pay Comcast $130+ monthly for cable and internet. Local Video Store: $3 per movie for approx 9 movies a month = $27 ($0.66 per hour) and, again, that's without streaming content. While I do like to support local business, the limited selection and competition for new releases is too much of a hassle to overlook. Redbox: $1 per movie per day = $9 ($0.50 per hour) this would definitely seem to be the best value when strictly considering DVD rentals, but there are some other factors to consider when comparing Redbox and Netflix: Drive vs. Mail - Redbox requires the customer to drive to their kiosks which, depending on distance, can add up extra costs from gas usage while Netflix has no extra costs associated.
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