Saturday October 10, 2015

Netflix Raises Price Of Most Popular Plan By $1 Per Month

Netflix has increased the price of its standard subscription service to $9.99. I’d say that’s still a good deal, but at what price point would it start to bother you?

With more than 65 million subscribers worldwide, Netflix is counting on customer gains and higher prices to sustain revenue growth and finance the cost of its film and TV offerings. The company has $4.3 billion in programming costs over the next year, and almost $5 billion more for the following three years.

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