Have Netflix? Get Ready to Pay More...
Streaming video giant Netflix (NASDAQ: NFLX) rolled out price increases for American customers today. Monthly subscription fees for the company's two costliest plans ticked up by a buck or two while the entry-level option held steady at $9 per month. Analysts saw these changes coming a month ago.
The new prices were discovered by technology news site The Verge, which also contacted the company to confirm the pricing changes. Netflix has not officially announced the changes in press releases or Securities and Exchange Commission filings.
The basic plan has not changed at all, staying put at $9 per month for access to standard-definition video on a single screen. The popular standard plan, with two concurrent streams in high-definition, rose from $13 to $14 per month. The premium plan, which offers four simultaneous streams of ultra-high definition, jumped from $16 to $18 per month.
Source Fool.com
