Netflix raising prices for 58M US subscribers as costs rise
https://phys.org/news/2019-01-netflix-prices-58m-subscribers.html
The extra cash will help to pay for Netflix's huge investment in original shows and films and finance the heavy debt it has assumed to ward off rivals such as Amazon, Disney and AT&T.
While subscribers may bemoan a bigger monthly bill Wall Street cheered, sending shares up more than 6 percent in midday trading.
Netflix raising prices for 58M US subscribers as costs rise
Jan 15, 2019, 7:48pm UTC
https://phys.org/news/2019-01-netflix-prices-58m-subscribers.html
> The extra cash will help to pay for Netflix's huge investment in original shows and films and finance the heavy debt it has assumed to ward off rivals such as Amazon, Disney and AT&T.
> While subscribers may bemoan a bigger monthly bill Wall Street cheered, sending shares up more than 6 percent in midday trading.