Netflix Charges $1 More For Its Most Popular Subscription Plan

Following an earlier price increase in Europe this year, Netflix is raising its subscription fee for new customers in the U.S., Canada and parts of Latin America. Subscribers who opt for the plan that allows two viewers to simultaneously use an account will be charged $9.99 ($1 more per month), while one-screen and four-screen plans will not change. Current customers will have a grace period before being affected by the increase. “With more than 65 million subscribers worldwide, Netflix is counting on customer gains and higher prices to sustain revenue growth and finance the cost of its film and TV offerings,” reports Bloomberg.

No Comments Yet

You can be the first to comment!

Sorry, comments for this entry are closed at this time.