Netflix has begun offering new customers a $6.99-per-month streaming plan, which is $1 cheaper than its regular $7.99 fee. First, the $6.99 plan only supports standard definition, meaning you wont be able to watch a single movie or TV show in HD. (Netflixs regular plan allows two concurrent streams, with an $11.99 family plan supporting up to four simultaneous streams.) According to Adweek, a Netflix representative told one customer that the company plans to test the cheaper, basic plan among new users before making it available on a wider basis.