Your current $17.99 a month membership for unlimited streaming and unlimited DVDs (including Blu-ray access) will be split into 2 distinct plans:
Plan 1: Unlimited Streaming (no DVDs) for $7.99 a month
Plan 2: Unlimited DVDs (including Blu-ray), 2 out at-a-time (no streaming)
for $14.99 a month
Your price for getting both of these plans will be $22.98 a month ($7.99 + $14.99). You don't need to do anything to continue your memberships for both unlimited streaming and unlimited DVDs.
This got me thinking about how we have been using the Netflix service. We love Netflix streaming, especially since we cancelled our cable television service. Our kids can always find a kids show that they will like, and generally my wife and I can find something that we enjoy. But we haven't been using the disc part of our service.
We have had the same two Blue-Ray discs sitting in our entertainment center for several months. Obviously, this is the type of customer that Netflix like, as they don't have to pay for mailing costs, but are still receiving our monthly payment.
Often if we want to watch a recent movie, we will rent a movie through Amazon Video on Demand through our Roku box. The selection through Amazon is pretty good, especially for newer releases.
With the change in plan, I have taken the opportunity to downgrade our Netflix account to streaming only. Since we have been using Amazon Video on Demand for recent release, we won't miss the discs. And in the cases that we want to get a movie on disc, we can always go to our nearest Redbox.