Netflix stock hits all-time high on price hike

Netflix stock hits all-time high on price hike

When exactly will Netflix prices start to increase? This isn't the first time Netflix has increased its prices and it certainly won't be the last.

Netflix devotees get ready to pay more.

Netflix has raised the price on its standard and premium streaming service subscriptions.

Netflix announced Thursday it is raising the prices of some of its subscription packages for US, UK and some other European subscribers.

The streaming service previously changed its prices back in 2016, when the standard plan went up from $8.99 to $9.99 per month (though older customers were paying $7.99). The company will spend an impressive $6 billion on in-house projects in 2018, according to chief content officer Ted Sarandos.




NETFLIX prices are about to increase - and it won't leave you feeling chill. Pachter based his estimates on the approximately 50 million Netflix subscribers in the US, along with revenue from new subscribers who sign up next year.

Amazon, Netflix and United States streaming service Hulu, are all reported to be working hard to discover and create the next "Game of Thrones" and secure the popularity of their business.

The streaming giant last raised prices in the US two years ago.

The Standard plan on Netflix which allows you to stream on two screens at the same time will now cost subscribers £7.99 a month when it previously cost 50p less. In 2011, they offered a DVD and streaming service for under $10. U.S. users should expect their prices to go up in November, and a notification will go out via e-mail October 19. So there's that, T-Mobile's Netflix On Us promotion will still be available even with Netflix's prices increasing.

"This determination confirms that, as Boeing alleged in its petition, Bombardier dumped its aircraft into the USA market at absurdly low prices", it said in a news release.

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