Netflix predicts Blu-ray boom
But the majority of us are still sticking to standard DVDs
22 October 2008 10:51 GMT / By Katie Scott
DVD rental company Netflix is predicting that the falling price of Blu-ray players will drive up Blu-ray rentals.
The US-based company says that this quarter, around 500,000 of its 8.7 million subscribers will be Blu-ray subscribers in the current quarter.
But it is hoping that a new billing scheme - which added $1 to the fee its members pay monthly - in order to pay for unlimited access to high-definition Blu-ray movies - will mean that the HD format will gain more fans.
The additional cost reflects the fact that Blu-ray discs are still significantly more expensive than standard format DVDs.
The $1 additional fee will be added to bills from the beginning of November, but only for subscribers who had already been hiring Blu-ray movies.
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