Netflix raises prices

[Jazzy]

Netflix increased subscription prices for some streaming plans in the United States, Britain and France on Wednesday as it shattered expectations for new customers, sending its shares surging 13%.

Almost 9 million subscribers joined Netflix around the globe in the third quarter, surpassing Wall Street analysts' forecast for 6 million, according to LSEG. Netflix said it expected a similar number of additions in the current quarter.

Netflix increased the U.S. price of its premium ad-free plan by $3 per month to $22.99. The cost for premium rose by 2 pounds to 17.99 pounds in Britain and by 2 euros to 19.99 euros in France.

Full article

---

If you have Netflix: Will you pay the increase or cancel service and why?

 

[Lamb]

We're actually considering cancelling. There aren't many good movies on there anymore anyway.

 

[tango]

The thing with Netflix is that so many of their shows are hit-and-miss as far as quality is concerned.

Every once in a while you can find an absolute gem on there. But then there's a lot of dross to wade through to find it, movies that look like they might be good but turn out to be drivel, serials that are so dull I end up wishing I'd painted the walls so I could watch them dry instead, and so on.