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Saturday, oct 5
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Moody's
Business
Netflix Hiking Prices For 58M US Subscribers
Streaming shows and movies are about to get more expensive for more than 55 million Americans. For the second time in two years, Netflix announced that it will be raising subscription prices in the United States, affecting an estimated 58 million customers. Netflix’s basic standard definition plan is going up from $8 to $9 a month, its standard HD plan is going up from $11 to $13 a month, and its premium 4K plan is going up from $14 to $16 a month. The basic plan lets users stream one show or movie on a single device at a time in standard definition; the standard plan allows users to…