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Netflix price hike plan announced
#1
Netflix profits rise and price hike plan announced

http://www.bbc.com/news/business-27106460
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#2
Thant you, Comcast!!!
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#3
So a $1 increase is $43M, nice.
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#4
Sign up now if not already.. and want it. pretty sure I read new rates apply to new customers vs. existing.
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#5
130 million hbo subscribers?? Where are all these people?
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#6
mattkime wrote:
130 million hbo subscribers?? Where are all these people?

does each room at the Motel 8 count as 1 subscriber?
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#7
Good for them. It's for new customers only, not existing. It's smart because there's a lot of folks who'll subscribe for a month or two to binge watch House of Cards, then cancel the subscription, then subscribe again when Orange is the New Black comes out. Netflix will make more money, not just on the $1 goose, but also because people will just let their subscription ride. For me, as an existing and happy subscriber, it means they'll (probably) keep producing some great shows.
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#8
Speedy wrote:
Thant you, Comcast!!!

No kidding.
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#9
Mike Johnson wrote:
Good for them. It's for new customers only, not existing. It's smart because there's a lot of folks who'll subscribe for a month or two to binge watch House of Cards, then cancel the subscription, then subscribe again when Orange is the New Black comes out. Netflix will make more money, not just on the $1 goose, but also because people will just let their subscription ride. For me, as an existing and happy subscriber, it means they'll (probably) keep producing some great shows.
Don't start that happy dance yet. The clock is ticking for current subscribers too.

"Netflix announced that it will increase membership prices for new subscribers by $1 to $2, depending on the country, later this quarter. Current Netflix members would stay at the current pricing, which is $7.99 per month, for "a generous time period.""
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#10
Blankity Blank wrote:
Don't start that happy dance yet. The clock is ticking for current subscribers too.

"Netflix announced that it will increase membership prices for new subscribers by $1 to $2, depending on the country, later this quarter. Current Netflix members would stay at the current pricing, which is $7.99 per month, for "a generous time period.""

Yep, I give it six months, one year max.
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