This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

You Should Pay $19.99 for Netflix

NEW YORK ( TheStreet) -- Lots of people bark that they would not pay more than $7.99 for Netflix (NFLX - Get Report).

I call B.S.

I reckon the average entertainment consumer doesn't truly understand Netflix's incredible value. Even $14.99 or $19.99 would be a steal. Netflix offers nothing short of a sweet deal, as content owners and cable/satellite providers continue to shaft us without kissing or buying us dinner.

Netflix needs to find a way to tell this story.

Cable/Satellite vs. Netflix

Our household subscribes to DirecTV (DTV - Get Report).

We pay $64.98 a month; however this includes about $24.00 in discounts we received after threatening to cancel. When there's hockey, we pay $179 for one season of NHL Centre Ice.

I would cancel if not for my wife, child, sports and sports.

We subscribe to Netflix streaming for the paltry sum of $7.99/month. We watch Netflix through an excellent $50 Roku streaming device.

Here's what we watch on satellite.

My kid likes the Nickelodeon programming. SpongeBob. iCarly. Victorious. She catches new episodes as they come on. You cannot do that on Netflix.

My wife and kid enjoy The Voice on NBC. They could watch shortly after airing -- online at NBC's Website -- but I just can't get them to take that step.

My wife and I watch some HGTV that we could not stream. And, although we could stream it or watch it on DVD, there's something about just watching random episodes of Seinfeld and Friends as they come on, as selected by somebody else.

That's pretty much the extent of it for our satellite viewing.

If you watch more than that -- and you probably do -- you're even less likely to drop cable or satellite. That actually makes Netflix a better value.

Work sports into the mix and cable/satellite becomes an absolute must. I watch hockey nightly. I could buy the package through Roku, but I have heard horror stories about the reliability of streaming live sports night after night. So, we keep satellite to have relatively reliable access to hockey.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
DTV $90.65 0.28%
DIS $110.87 0.32%
NFLX $554.53 -0.45%
P $17.89 1.90%
AAPL $128.76 -0.15%

Markets

DOW 18,085.98 +61.92 0.34%
S&P 500 2,116.99 +8.70 0.41%
NASDAQ 5,029.7930 +24.4020 0.49%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs