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Netflix Launches Family Plan, 4 Simultaneous Streams for $12/Month

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Netflix announced today that it is rolling out a number of family friendly features in the coming months, designed to make it easier for families with multiple Netflix users to use the service.

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First, the company is introducing a new $12/month streaming plan that offers four simultaneous streams of video, meant for members with large families that run into Netflix's two-simultaneous stream limit. The normal Netflix subscription is $8/month.

Second, the company is introducing a new feature to allow different family members to log their own viewing habits and get recommendations based on what shows they like. Currently, all viewer activity -- parents and kids -- are combined into one stream. As a result, recommendations for kids shows and adult movies are shown next to each other.

Netflix reported today that it has 29.2 million U.S. streaming subscribers, with shares up close to 25 precent after hours.

Top Rated Comments

173 months ago
Netflix is a horrible business model and a dying product.

Worst quote of the century, perhaps?
Score: 21 Votes (Like | Disagree)
173 months ago
People are seriously too cheap for eight bucks a month? Wow.
Score: 7 Votes (Like | Disagree)
eawmp1 Avatar
173 months ago
Meh, still comes down to content, and Netflix didn't do it for me.
Score: 4 Votes (Like | Disagree)
Michael Goff Avatar
173 months ago
Back to torrenting

Was there a point, other than pointing out that you're a pirate?
Score: 3 Votes (Like | Disagree)
Renzatic Avatar
173 months ago
Back to torrenting

They're offering me more options at a cheap price? Screw them! I'm going back to pirating!
Score: 3 Votes (Like | Disagree)
a0me Avatar
173 months ago
Netflix is a horrible business model and a dying product.
Compared to what? DVD rental? Cable networks?
Score: 3 Votes (Like | Disagree)

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