Like other monthly members, we received that email in July.
Hm. I'm a numbers guy, and seems to me our monthly fees were poised to jump 60%. That's a big number.
Since we moved, we decided to never set up cable/satellite (easier than cutting the cable). Until then, we mostly watched TV at the exclusive service of our satellite DVR, so it was pretty easy. We also have the type of modern TV that is internet-ready, so streaming is a snap when broadcast isn't interesting. Netflix worked well in this approach, offering both the DVD (~3 day turnaround) bridged now by a handful of instant-watch options just as convenient. Although we didn't like $120 a year for an optional service, since our higher double digit monthly costs dropped to $0 after the move, it wasn't a bad deal for a little entertainment.
We have enjoyed both watching the DVDs in the mail and streaming from the Instant Queue, so my pancakes were understandably fried. I'm not going to over-simplify what really drives the operating costs of each, because I can only imagine the lot of ins & outs & what-have-yous behind all those viewing contracts. I do hope Netflix well and also hope this move doesn't backfire and actually result in a net drop in revenue and continued decline. Empowered by the liberty to shop the competition or withdraw from this product or service, we decided it just wasn't worth $192 annually.
But if it does, I will not stand for any drop in Netflix DVD mailings to be majority blamed for what is really killing the USPS (methinks "80%" sounds closer to "majority").