3/14/2024 0 Comments Netflix raising prices 2019Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. On Friday, Netflix quietly changed the pricing for all three subscription plans: Basic plan increases 1 per month from 8.99 to 9. The streaming company is raising prices for UK subscribers by as much as 20 per cent, with the cost of the most popular standard plan increasing by £1 to. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. The streaming service is increasing prices in the US and Canada. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account Netflix is raising subscription prices by 13 to 18, the steepest increases since the company began streaming video more than a decade ago. Raising prices on consumers is an easy way to get it. The pricing increase comes a week before the streaming company is set to announce its fourth quarter earnings.īut the reason behind the company’s move is pretty simple: It has been spending billions of dollars on content, and as streaming becomes more integral to the entertainment landscape, growth for companies like Netflix tends to slow and attracting new subscribers gets harder.Īt that point, revenue needs to come from somewhere. Netflix’s stock rose roughly 2% following the news. As always we offer a range of plans so members can pick a price that works for their budget.” “We’re updating our prices so that we can continue to offer a wide variety of quality entertainment options. In the United States, the subscription price for the standard plan rose 1.50 to 15. “We understand people have more entertainment choices than ever and we’re committed to delivering an even better experience for our members,” a Netflix The streaming media company said Friday it is raising the prices on its plans in the United States and Canada. Its basic plan was unchanged.Įxplaining its decision, Netflix provided a statement to CNN that was identical to its comment from October 2020, the last time it raised its prices. The premium plan went up $2 to $20.99 Canadian. In Canada, the price for Netflix’s standard plan also went up $1.50 to $16.49 Canadian. The basic plan went up $1 to $9.99 and the premium plan increased $2 to $19.99 In the United States, the subscription price for the standard plan rose $1.50 to $15.49. The streaming media company said Friday it is raising the prices on its plans in the United States and Canada. Your Netflix bill is about to go up again.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |