Sunday, October 8, 2017

Netflix price hike in the US

Netflix, a popular video streaming service provider, decided to increase the monthly fee for most popular plans.


It offers the standard plan with which users can watch the program with two devices at the same time for ten USD per month. It will be hiked by ten percent. Existing customers can choose whether to accept the hike at the next month, downgrade the plan, or cancel using Nexflix.

International Business Times: Netflix price hike incoming with no rate freeze for loyal customers

Fortunately, the hike has not been adopted in Japan now. But soon, Japanese customers will also have to see the similar notification.

The cost for enjoying Netflix is now apparently than other similar services such as Hulu or Amazon Prime Video. As the programs provided by each company are varied, the cost will not be a definite factor in choosing the service. Nonetheless, the difference of the price will be disadvantageous for Netflix provider.

Recently, Netflix is eager to create original films which are very qualified such as "House of Cards" and ''Orange Is The New Black." Other providers are also willing to make new films. But Netflix seems to invest a more significant amount of money. If they attract people, the number of customers will increase. Unfortunately, subscribers of Netflix is not growing so much last year compared with the previous years.

Netflix, as well as other companies, is originally a subscribing service for movie lovers. But observing the recent trend, it seems that companies are going to be a provider of visual work itself. Otherwise, old film providers are no more working as a business.

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