Gabriela Franco, Sophomore
Recently Netflix is going to start raising prices for 58 million U.S. subscribers as costs rise. The percentage is going to raise from 13 to 18 percent. In the article, it states, “its biggest increase since the company launched its streaming service 12 years ago.”(Liedtke) It also said in the article, “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.” (Liedtke) Netflix has raised the price at least 4 times and with this new price, some people might even cancel their Netflix accounts. Other countries will also be affected like Mexico and Brazil. How do you feel about this new increase that Netflix will be doing? According to: Martinsville Bulletin
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