Netflix planning to raise prices again after end of actor’s strike

Yes, here we go again.  Netflix is planning on raising its ad-free service within the next few months. The streaming service is discussing raising prices in several markets globally, but will likely begin with the U.S. and Canada, according to people familiar with the matter. It couldn’t be learned how much Netflix will raise prices […]

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CNBC: NetFlix Subscriptions Jump 8 Percent

On Wednesday, Netflix reported its quarterly revenue and subscriptions rose, as efforts to curb password sharing took hold. Here’s what the company reported for the second quarter versus what analysts expected, according to Refinitiv: Earnings: $3.29 a share vs. $2.86 per share expected Revenue: $8.19 billion vs $8.30 billion expected The streaming giant said it […]

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Netflix discontinues basic ad-free plan in the US & UK

Following its removal in Canada last month,the Netflix Basic tier has now been withdrawn in both the US and UK. The Basic tier has now been removed as an option for new subscribers, as well as for anyone wanting to switch to it from another tier. So far, existing Netflix Basic subscribers can continue using […]

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Netflix Profits Drop: The company will stop renting DVDs by year’s end

Mid Tuesday, Netflix sent an email to all customers informing them the company will stop renting DVDs by the end of the year. The below is a copy of that email: For 25 years, it’s been our extraordinary privilege to mail movie nights to our members all across America. On September 29th, 2023, we will […]

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