Netflix Raising Prices, Biggest Price Increase Ever

Netflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its streaming service 12 years ago.

The most popular plan will raise to $13 per month from $11. That option offers high-definition streaming on up to two different internet-connected devices simultaneously. The extra cash will help to pay for Netflix’s investment in original shows and films and help pay it’s heavy debt. This is the first time that higher prices will hit all U.S. subscribers.

Source: Netflix raising prices for 58 million US subscribers as costs rise | WBNS-10TV Columbus, Ohio | Columbus News, Weather & Sports

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