The growing age of technology continues to stun many users with huge enthusiasm as online streaming overtakes cable companies in acquiring more subscribers. Many of the major providers of cable and satellite such as Bright House and DirecTV are no longer competing with one another but against the more modern online streaming. Online stream providers such as: Amazon Prime, Hulu Plus, and NetFlix have not only proved their successes of providing televised entertainment at a cheaper price to their users but also the noteworthy efficiency that comes along with the service. We can now see many subscribers leaving cable in favor of the growing popularity of online streaming websites.
During the early days of online streaming, the providers were starting off like any other company and were steadily growing. In 2006, NetFlix was providing their online streaming services at $4.99 a month. As their popularity continued to grow in the past years, so have their monthly subscription fees. In 2010, NetFlix continued to generate more subscribers that their monthly fees increased to $7.99 a month. Four years later today, NetFlix has now announced that they will once again raise their subscription fees to around one or two dollars more a month.
Their ongoing popularity continues to bring in more customers while also retaining the old-fashion way of delivering their products: the mail. Prices and popularity are not just the factors that enhance NetFlix, but also their ability to provide efficient use to their customers. NetFlix, like most online streaming services, allow subscribers and viewers to watch their favorite movies and shows online. This provides the opportunity to be portable and no longer require cable. Online streaming services give subscribers a chance to save more on monthly fees with NetFlix in contrast to cable prices.