Great News For Netflix Subscribers

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    family watching tvGood news, Netflix-ers! Your favorite streaming video site is planning to double its original programming in 2014, Netflix’s chief content officer Ted Sarandos told The Hollywood Reporter.

    Netflix wants to change the way Hollywood views Internet content. “After David Fincher directs a series for Netflix, no one else can say, ‘Well, I’m not going to direct a series for the Internet,'” Sarandos said.

    In a letter to shareholders (PDF) on Monday, the company said it plans to introduce a family streaming plan in the U.S. that would let up to four people stream at the same time. However, this also means that Netflix may be looking for a way to minimize several people sharing one account.

    The plan would cost $11.99 per month and let subscribers stream as many as four devices simultaneously. Netflix’s current plan, which costs $8 a month, allows two streams at the same time. The company predicted that “fewer than 1 percent” of current subscribers would sign up for this plan.

    Read the rest of changes here.

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