Agosto 16, 2018

Netflix Subscription Plans Get Pricier; This Is How You'll Be Impacted

07 Octubre 2017, 09:00 | Fidele Alvizo

Netflix Subscription Plans Get Pricier; This Is How You'll Be Impacted

Billy Joel

Just last month T-Mobile launched a new promotion in which subscribers to its network would be entitled to free Netflix subscription. That plan now costs $11.99, but it will go up to $13.99 with rate increases.

On Thursday, Mashable reported that Netflix will be raising the prices of its middle- and highest-tier plans for the United States by $1 and $2 respectively.

Despite the Netflix price increase, the company is still offering its streaming service cheaper than rivals.

You'll be paying more than ever before to binge watch your favorite Netflix shows this winter, after the streaming service announced a price hike for two of its popular packages.

The price hike arrives as Netflix continues to increase production of original TV and movie content. However, the "standard plan", which gives users HD and two simultaneous streams, the price will go up from $9.99 to $10.99 per month.

Speaking to the Independent Hastings said: "We want to take it very slow, over the next decade I think we'll be able to add more content and have more value and then price that appropriately".

Netflix is making this move, although unpopular, for the greater good of funding more content to feed its subscribers.

The price increase will only affect new members and became active as of Thursday, October 5. The company is spending around $6 billion on programming this year, projected to rise to $7 billion in 2017.

Netflix has increased their prices 60 percent since 2011.

There's no increase for Irish people using the one screen basic price plan of €7.99 per month. Subscribers who now pay for the standard $9.99 service will be charged $10.99. "Members will be notified with an email and also see a notification within the service". This time around, subscribers are only getting a few weeks' notice, and Netflix will be rapidly increasing its revenue.

Otras noticias

Tendencias Ahora

NC couple sickened by their tie to Vegas gunman
He worked as the manager of Central Park, an apartment complex, there. "We were the lucky ones", she said. Brittany Aldean revealed what was going through her mind as she ducked for cover.

Navajo Leaders Proclaim October As Breast Cancer Awareness
Putting all the pink hype aside, the stark reality is one in eight women will develop invasive breast cancer in her lifetime. This means the disparities might be more pronounced in the general population than in the study group, the authors note.

USA data due today - Nonfarm payroll for September - Preview.
In September, health care added 23,000 jobs, in line with its average monthly gain over the prior 12 months (+27,000). At the same time, unemployment rolls fell by 331,000, which itself is not a record but is the lowest since July 2001.

LEADING OFF: Altuve ascends, NLDS opens at Washington, LA
This was also the case previous year with regards to the Red Sox clinching the division. The Astros can take a 2-0 series lead, looking for a sweep in Game 3.

Harvey Weinstein Apologizes for Sexual Harassment
Reportedly, both The New York Times and The New Yorker were working on separate "damaging" exposes about Weinstein's behavior.

More reports of swelling iPhone 8 Plus batteries emerge
In this tutorial, you will learn how to encrypt the microSD card of your device to secure your files, photos, videos and apps . WIth rumors swirling of a possible iPhone X shortage due to their facial recognition feature, this news is kind of hilarious.

Jason Aldean cancels shows in San Diego, LA and Anaheim
It is safe to say that it is not terrorism that is the biggest threat to public safety in the US, but the country's gun culture. In a rare concession on gun control, the National Rifle Association announced its support Thursday for regulating the devices.

Kurdish Secession US Plot to Create New 'Israel': Leader Tells Erdogan
But both have been alarmed by the independence vote, fearing it will encourage separatism among their own Kurdish populations. Abadi flew to Paris on Wednesday for a two-day visit in response to an invitation from French President Emmanuel Macron.

American Midstream Partners, LP (NYSE:AMID) Sees Unusual Volume Mid-Session
Over a month, it has seen its stock price volatility to stay at 2.27% while shortening the period to a week, volatility was 2.66%. The score ranges from zero to six where a 0 would indicate no evidence of book cooking, and a 6 would indicate a high likelihood.

Aid making its way to Puerto Rico
The devastation inflicted across Puerto Rico and the Virgin Islands has created need in nearly every area of daily life. There are calls for Puerto Rico's debt to be forgiven in the wake hurricane Maria.