Thread: Netflix Raising Price to $9.99
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Old 10-08-2015, 05:42 PM   #1
tubemonkey
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Netflix Raising Price to $9.99
Netflix raising US price for most popular video plan by $1

Quote:
Netflix is raising the price of its Internet video service by $1 for new customers in the U.S., Canada and some Latin America countries to help cover its escalating costs for shows such as “House of Cards” and other original programming.

The new price of $10 per month for Netflix’s standard plan — its most popular — marks the second time in 17 months that Los Gatos, California, company has boosted its U.S. rates by $1. The trend reflects the financial pressure that Netflix is facing as it competes against Amazon.com, HBO and other services for the rights to TV series and movies that will expand its audience.
Quote:
Subscribers who have been with Netflix since May 2014 will still pay $8 per month under a two-year rate freeze adopted when the company last raised its U.S. prices by $1. Customers who signed up since the last price increase will pay $9 per month until October 2016.
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