Netflix pops after saying it’s raising prices for US subscribers (NFLX)
|01/15/2019||Posted by BusinessMediaguide.Com under General World News||
- Netflix announced its largest price increase for US subscribers on Tuesday.
- The streaming giant’s most popular plan will see the biggest increase, to $12.99 from $10.99.
- Its basic plan saw a $1 per month increase to $8.99 per month. It was the first increase for basic the plan since 2010.
- Watch Netflix trade live.
Netflix shares jumped more than 5% to $352.19 Tuesday after the company rolled out its biggest price increase for US subscribers.
As of January 15, 2019, the price of Netflix’s most-popular plan, 2s, in the US will jump to $12.99 per month from $10.99. That plan offers high-definition read more >>>