For Netflix users, time to pick a plan

The big question in Web video this week is how many Netflix customers will stick with the service in the face of an upcoming price increase.

But even those planning to continue with the service might want to make some decisions before time runs out and the decisions are made by the company.

In July, Netflix announced that it planned to eliminate a popular hybrid plan. For $10 a month, users were allowed to rent one DVD at a time as well as obtain unlimited Web access to the company's streaming-video library. That's scheduled to disappear on Thursday.

This is a reminder that if you're a hybrid subscriber and do nothing by then, Netflix will assume you want both plans. That's certainly logical but it may be something you didn't think about. After Thursday, each plan will cost $7.99 per month, which combined is $15.98 per month. If you want to go exclusively with one or the other plan, it's time to get a move on.

All it takes to choose a new plan or to cancel is a visit to your Netflix account page.

And if you're still trying to decide whether to pay extra for Netflix, here's a link to our stories about Netflix's rate hike and here's more food for thought from Jeanine Poggi at TheStreet.com.