Netflix is Increasing Monthly Subscription Prices

06 October, 2017, 00:49 | Author: Martin Tyler
  • Netflix is Increasing Monthly Subscription Prices

Netflix is going to be increasing the membership fee for some of the more popular streaming plans available to customers by one dollar, which means a year of Netflix the way you are now enjoying it may cost you an extra $12 to $24 a year.

"People don't like price increases, we know that", CEO Reed Hastings said on an earnings call past year.

The basic plan allows you to stream on only one device at a time in standard definition.

According to USA Today, the service's most popular plan will now cost $10.99 cents a month. Existing subscribers will see their prices rise over the course of the next several months. Those who prefer the ability to stream in HD or 4K will be the ones paying the extra $1 or $2 per month. That said, it's really not too surprising of a move for Netflix to make, as the streaming giant continues to accrue massive debts, mostly in service of producing more original content each year.

In Catalonia hosted a large-scale protest
Seibert noted that Merkel wasn't seeking to mediate the dispute between Madrid and Catalonia's regional government in Barcelona. Their main goal was to show Madrid and the worldwide community that hundreds of thousands of Catalans support independence .

The middle tier that enables Netflix watching on two devices simultaneously will go up from $9.99 per month to $10.99 per month.

Here is what you need to know about the increase. The company's content budget is expected to swell to almost $7 billion next year.

Netflix did not state why they are raising the price but its likely in answer to growing costs of content and Netflix plans to spend $7 billion on new content in 2017.

IBD'S TAKE: Netflix stock has an IBD Composite Rating of 88, meaning it has outperformed 88% of stocks in key metrics over the past 12 months.

The battle between Walmart and Amazon just escalated
That's why my team spends a lot of time thinking about ways we can make deliveries faster and more convenient for customers. The retailer announced today that it has acquired technology-based, same-day, and last-mile delivery company Parcel .

The fare hikes go into effect for new USA members today.

The 2S price plan will now be increased from £6.99 to £7.99 per month, while the 4S plan will be increased from £8.99 to £9.99 per month.

Netflix hasn't had a major change in its pricing scheme since 2014.

Stranger Things avoiding a sophomore slump in it's much- anticipated second season wouldn't hurt either.

Amy Goodman and Denis Moynihan: Taking a knee, standing for justice
The protests were magnified last week after Trump said at an Alabama rally that each anthem protester is a "son of a b***t". On Saturday, Trump again raised the issue on Twitter, demanding players stand for the anthem.


  • ISS spacewalk to replace Canadarm2 part

    ISS spacewalk to replace Canadarm2 part

    The second and third spacewalks will concentrate on the lubrication of the LEE and the installation of a pair of external cameras. The 18m arm was instrumental in assembling the space station and is used to reach out and grab approaching cargo ships.
    Harry Kane ends his flawless  month in class apart

    Harry Kane ends his flawless month in class apart

    It comes over a longer period of time, but we have several people who can step into the fold. I want to keep getting better and better .
    Oscar Pistorius rampage goes to big screen

    Oscar Pistorius rampage goes to big screen

    Oscar Pistorius , South African Paralympian, had a promising career ahead of him. Oscar Pistorius talking to family members during a break in his murder trial.
  • Alicia Keys and Stella McCartney united against breast cancer

    Alicia Keys and Stella McCartney united against breast cancer

    The Pink Room is located at the second level of The Northwing (breastfeeding station/mall clinic). They also announced the Making Strides Walk.
    Lewis Hamilton on pole, Vettel last at Malaysian GP

    Lewis Hamilton on pole, Vettel last at Malaysian GP

    Similarly, Ricciardo managed to overtake Valtteri Bottas early on and held onto his position for the entirety of the race. It was Hamilton's fourth straight podium in Malaysia, fifth overall and seemingly one of the toughest.
    Trump appears to delete tweets backing Strange after primary loss

    Trump appears to delete tweets backing Strange after primary loss

    Democrats have found a candidate in Jones who comes to the field with an excellent reputation through his work as a US attorney. Against it all, the twice-removed chief justice of the Alabama Supreme Court emerged a bigger-than-ever-anticipated victor .
  • Mattis says staying in Iran deal is in USA  interests

    Mattis says staying in Iran deal is in USA interests

    After Trump's new policy was announced, though, McCain applauded the president "for taking a big step in the right direction". India and Afghanistan have also been time and again charging their neighbour Pakistan with similar allegations.

    Sheriff says gunman's Aussie girlfriend has questions to answer

    Ms Danley's social media sites showed she was a regular world traveller. Neighbors said Danley described herself as a gambler. More than 500 people were wounded.
    Gran Turismo Sport Demo Launching Next Week and Will Be Timed

    Gran Turismo Sport Demo Launching Next Week and Will Be Timed

    Players will have until October 12 to check the game out via the demo, but after that date the demo will no longer be available. We are excited to announce a free GT Sport 4-day demo, available via PlayStation Store from October 9th through October 12th.
  • New 'infotainment' tech in vehicles increases distracted driving risk

    New 'infotainment' tech in vehicles increases distracted driving risk

    However, 24% feel that the technology now in the auto is enough to work perfectly and do not need any advance technology. Toyota had three vehicles coming in with "low" rankings, including the Camry SE, Corolla SE and the Toyota Sienna XLE.
    Blade Runner 2049 director was

    Blade Runner 2049 director was "frightened" to take on the sequel

    But it's hard not to agree with the old blade runner who turns up late in the film and tells K: "I had your job once". Back in 2019 Los Angeles had a problem with four rogue replicants that had started trouble on a satellite colony.
    Stones keen to replicate Manchester City form for England

    Stones keen to replicate Manchester City form for England

    Chelsea won the Premier League title with two games to spare last season after finishing seven points ahead of Tottenham Hotspur . Speaking to The Offside Rule Exclusives, he said: "I thought that was it at Manchester City ".


Mike Pence: 'America Will Lead in Space Again'
Trump administration officials are pledging to send Americans back to the moon - and then on to Mars. Selva, vice chairman of the Joint Chiefs of Staff.

United States services growth remains robust, though future expectations ease
The PMI picked up to 53.6 in September, slightly better than expectations in a Reuters poll of economists for it to hold at August's level of 53.2.

Head of Senate Russia probe: "The issue of collusion is still open"
Warner said that representatives from Twitter, Facebook, and Google have been invited to testify at a November 1 public hearing before the committee.

Klopp Believes Liverpool Are Still Title Challengers Despite Poor Form
Liverpool manager Jurgen Klopp has claimed his side are still title challengers despite their poor form this autumn. Gerrard has also been impressed with the manner of the player adding, "I love the player and I love the character".

Famous Five... Malaysian Grands Prix
But retired champion Nico Rosberg recovered to third previous year after a spin at the start dropped him to the back of the field. With less than 10 minutes before qualifying, Ferrari's mechanics hurriedly wheeled Raikkonen's vehicle back to the garage.

Republicans unveil almost $6 trillion tax cut
Two of the most popular deductions are explicitly being retained - for mortgage interest payments and charitable contributions. Republicans believe they will offset that lost revenue with increased economic growth prompted by the tax plan.

Pique Issues Rallying Cry as Catalonia Prepares for D-Day
The Spanish giants will be keen to stretch their lead at the top by collecting three points when they face Las Palmas at Camp Nou on Sunday.

Hurricane-Struck Puerto Rico Pleads for Help Amid 'Genocide' Conditions
Nancy Rivera, 59, a San Juan resident who suffers from diabetes, was forced to go without her medication by a lack of electricity. Long acknowledged the difficulties, saying, "Every day we have progress". "I haven't heard what she said", he told reporters .

Packers top Bears, lose Montgomery & Adams to injury
That was impressive given that Green Bay essentially fielded a starting five of four guards and center Corey Linsley . Chuck Supple is in Green Bay rooting for the Bears , the Packers' opponent on "Thursday Night Football ".

San Juan mayor continues calls for relief after attacks from Trump
This summer, in an interview with Harper's Bazaar Arabia, Kardashian said "anyone can run the USA better". Thousands more Puerto Ricans got water and rationed food Friday as an aid bottleneck began to ease.