Top Leaderboard, Site wide
Truthdig: Drilling Beneath the Headlines
July 20, 2017 Disclaimer: Please read.
x

Statements and opinions expressed in articles are those of the authors, not Truthdig. Truthdig takes no responsibility for such statements or opinions.






The Life of Caliph Washington

Truthdig Bazaar more items

 
Ear to the Ground
Email this item Print this item

Netflix to Raise Prices for New Customers

Posted on Apr 21, 2014

Twin Design / Shutterstock.com

The streaming video service announced it would raise prices by one or two dollars for new customers only, however existing subscribers will likely see their bills match newcomers at some point in the future.

The company currently charges $7.99 a month for streaming to up to two devices at a time.

The news comes as Netflix looks to better compete with rival services from Amazon, HBO and others. Bidding wars with competitors drives up the cost of content, and Netflix has also had to contend with reduced net neutrality. In a controversial move, the company agreed to pay a tax of sorts to broadband Internet provider Comcast in order to ensure steady streams.

Netflix currently has 48 million subscribers, and, along with other streaming services, accounts for half of Internet traffic.

—Posted by Peter Z. Scheer

Banner, End of Story, Desktop
Banner, End of Story, Mobile
Watch a selection of Wibbitz videos based on Truthdig stories:


Get a book from one of our contributors in the Truthdig Bazaar.

Related Entries

Get truth delivered to
your inbox every day.



New and Improved Comments

If you have trouble leaving a comment, review this help page. Still having problems? Let us know. If you find yourself moderated, take a moment to review our comment policy.

Join the conversation

Load Comments
Right Top, Site wide - Care2
 
Right Skyscraper, Site Wide
Right Internal Skyscraper, Site wide

Like Truthdig on Facebook