Netflix to Have Family Plans Later this Year

Posted by at 9:51 am on April 21, 2011

Netflix gave a preview of its future strategy earlier this week, announcing it will begin offering “family plan” subscription packages later this year.

The family plan will allow multiple streaming from one Netflix account, which would, for example, let kids watch a movie on a computer while parents watch one on TV. The

Current Netflix subscriptions, including the $8-a-month streaming-only option that has fueled grow for the firm in the past six months. But the current only let’s customers stream only one movie or television show at a time, regardless of which type of device — television, smartphone, Xbox 360, etc..

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