3 Reasons Netflix Won't Raise Prices Again in 2020
Netflix (NASDAQ: NFLX) announced four price increases for its service within the 58 months from April 2014 to January 2019. Combined with continued subscriber growth, the price increases have led to phenomenal revenue growth for the streaming leader. And Netflix has dutifully taken that revenue and reinvested it in more and more content for its audience. It's on track to invest $15 billion in cash on content this year.
Management says it'll ask for higher prices at some point in the future, but pushing another increase in 2020 seems unlikely. Here are three reasons why Netflix won't raise its prices again next year.
Image source: Netflix.
Source Fool.com
