Netflix raising prices for 58M US subscribers as costs rise

Netflix raising prices for 58M US subscribers as costs rise

5 years ago
Anonymous $Dftgs0JzgE

https://apnews.com/76214d0d5b1a4d0890a2d3040a3ddb33

SAN FRANCISCO (AP) — Netflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its streaming service 12 years ago.

Its most popular plan will see the largest hike, to $13 per month from $11. That option offers high-definition streaming on up to two different internet-connected devices simultaneously. Even at the higher price, that plan is still a few dollars cheaper than HBO, whose streaming service charges $15 per month.