Year 13: Weekly New/Digital Media homework Netflix raises prices for first time in two years BBC - 05/10/17 This article notes about the increased Netflix subscription prices and the reasoning behind this. Rising competitors such as Amazon, Hulu and etc have contributed to Netflix increasing their subscriptions and focusing on Netflix original programmes. A standard UK plan will rise 50p to £7.99 a month. Premium subscription for four simultaneous users rises £1 to £9.99 a month. The standard US plan increases by $1 to $10.99 a month, with a $2 rise to $13.99 for the premium option. A basic subscription in the UK, which does not offer high definition viewing, remains at £5.99 a month. Netflix said in July it has 104 million subscribers globally , while revenues rose 32% in the second quarter to $2.8bn. Shares in Netflix closed 5.4% in New York, bringing the stock's gain this year to 56%. In my opinion, I think that this increase may aff...
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