Netflix Quitters Turning to Blockbuster Streaming?

06.09.2011
Blockbuster may soon offer a streaming movie service to compete with Netflix, and Blockbuster's timing couldn't be much better.

Its streaming service will launch in October in an attempt to nab people who are upset with Netflix's recent price hike, . Dish Network, which purchased most of Blockbuster's assets after the rental giant filed for bankruptcy in April, hasn't set a price yet, but may combine unlimited streaming with Blockbuster's existing mail-order and in-store DVD service.

In July, Netflix that it would split its DVD and streaming services into separate packages starting at $8 per month for each. This resulted in a $6 price increase for customers who wanted both. The price hike went into effect immediately for new subscribers and on September 1 for existing subscribers.

Last week, Netflix suffered another setback: that it would no longer license its movie for Netflix streaming. Those films accounted for roughly 8 percent of all Instant Watch activity.

Between rising prices and lost content, some Netflix subscribers are anxious for an alternative. But the reality is that . If you want to leave Netflix for something similar, your best bet is to couple Redbox or Blockbuster mail-order with Amazon's Prime Instant Video streaming. And even then, you'd have a smaller selection of streaming titles choose from.