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Netflix is raising prices--again!   General Chaos

Started Oct-5 by Showtalk; 222 views.
Showtalk
Host

From: Showtalk

Oct-5

In reply toRe: msg 1
Showtalk
Host

From: Showtalk

Oct-5

$1 a month more for 2 streams and $2 more for a family plan of up to 4 different users. 

Tony W. (TONYW1)

From: Tony W. (TONYW1)

Oct-6

That's a 38% price hike in just 2 years ($7.99 to $10.99). Somebody has to pay for all that new original programming!

Showtalk
Host

From: Showtalk

Oct-6

The family plan is $13.99 from $11.99 but that also went up even more two years ago.

brb

From: brb

Oct-6

That's still worth it to me.  

In reply toRe: msg 5
Showtalk
Host

From: Showtalk

Oct-6

To me as well, but they are going to cause more churn, which will lose money.

Stan (SG980728252)

From: Stan (SG980728252)

Oct-7

…they are going to cause more churn, which will lose money.

Wall Street disagrees. Netflix stock is up 10% since they made the announcement.

Showtalk
Host

From: Showtalk

Oct-7

Then maybe it was underpriced before, given the increased content.

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