New shows, customer gains give Netflix muscle to hike prices


LOS ANGELES: Netflix Inc, riding high after another strong earnings report, is in better shape to raise prices for new U.S. customers to its movie and TV streaming service than it was in 2011, when a price hike sent its stock into a downward spiral.

On its side is the addition of award-winning original series like "House of Cards" and an expanded library of TV shows and films that have made it a proven force in Hollywood with 35.6 million U.S. subscribers.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Crest Builder unit bags RM486mil job
Axis-REIT shows improved quarterly performance
Optimistic outlook for Grade A premium offices
Medical tourism to bolster private hospital growth
Haily wins RM109.5mil contract
ASIAWATER 2024 set to chart course for water resilience
Topmix makes Bursa debut with 32% premium
KIP-REIT aims to scale up operations
Inta Bina bags RM170mil job
Vehicle sales dip 10% in March to 71,052 units

Others Also Read