Netflix to Raise Prices for New Customers
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.
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
WAIT BEFORE YOU GO...This year, the ground feels uncertain — facts are buried and those in power are working to keep them hidden. Now more than ever, independent journalism must go beneath the surface.
At Truthdig, we don’t just report what's happening — we investigate how and why. We follow the threads others leave behind and uncover the forces shaping our future.
Your tax-deductible donation fuels journalism that asks harder questions and digs where others won’t.
Don’t settle for surface-level coverage.
Unearth what matters. Help dig deeper.
Donate now.
TD Original
For more than a decade, Washington enabled the ascent and corrupt rule of Juan Orlando Hernández.
Ear to the Ground
As the humanitarian crisis in Gaza worsens, a pattern of suppression is evident toward journalists and employees who advocate for Palestinian rights.
Media
The suggestion of congressional helplessness minimizes the responsibility of lawmakers—ultimately excusing, rather than interrogating, regulatory inertia.
The urgent Indian documentary “While We Watched” captures journalism under fire.
Ear to the Ground
A breakdown of the site's awards at the 2023 Southern California Journalism Awards.
Ear to the Ground
A veteran of Obama's State Department argues for urgency in ending the war.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.