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Title : How Much Is Netflix Price Increase?
link : How Much Is Netflix Price Increase?
How Much Is Netflix Price Increase?
Netflix is raising the price for its most popular U.S. video streaming plan by 10 percent - a move aimed at bringing in more money to outbid HBO, Amazon and other rivals for addictive shows such as "Stranger Things."
The change announced Thursday affects most of Netflix's 53 million U.S. subscribers.
Netflix will now charge $11 per month instead of $10 for a plan that includes HD and allows people to simultaneously watch programs on two different internet-connected devices.
The price for another plan that includes ultra-high definition, or 4K, video, is going up by 17 percent, to $14 from $12 a month. A plan that limits subscribers to one screen at a time without high-definition will remain at $8 a month.
The increase will be the first in two years for Netflix, although it won't seem that way for millions of subscribers. That's because Netflix temporarily froze its rates for long-time subscribers the last two times it raised its prices, delaying the most recent increases until the second half of last year for them. ABC13
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