Netflix prices to go up for new and current subscribers

This hike in the prices of the subscriptions were expected for a while as the last price hike came in the November of 2015. That plan allows for simultaneous streaming and HD viewing on two internet-connected devices such as an iPad and a Roku set-top box. When exactly will Netflix prices start to increase?

Malaysia's Iflix offers RM 8 (US$1.90) per month for an annual subscription or RM 10 (US$2.30) per month for shorter periods, and Singapore's Hooq is asking for SGD7.90 per month ($5.70) or SGD4.90 (US$3.58) per month for a 12-month contract.

Netflix's pricing isn't obscenely high, it costs less than streaming services like Spotify, and the original content like Marvel's Daredevil, Stranger things, Orange is the new black among others make it worth it for viewers who are interested in them.

The price increase was limited to the U.S. and a handful of European countries including France, Britain and Germany, Netflix said. It also comes after the streaming service made a major mark at September's primetime Emmys, taking home 20 awards. At least it should be.

The basic service - allowing one screen at a time - will still stay at $7.99 a month. HBO Now is available at $15 a month while Hulu's advertisement free offering is $11.99.

"Notwithstanding its domestic price increase, we expect Netflix to burn cash to fund content acquisition for many years", he wrote. New customers will pay the higher cost starting today. The premium tier is what you need if you want to stream content in 4K UHD and watch on up to four screens simultaneously.

We have good news, and we have bad news. The program is expected to generate more than US$30 billion in business over its life and support more than 22,700 American jobs in 19 states. Some Wall Street analysts say recent business trends suggest Netflix may even surpass that number when it reports its results.

(Derechos de autor © 2015. Todos los derechos reservados.)
 
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