Connect with us

Netflix Stuff

Netflix raising prices in the U.S. for the first time in two years

Published

on

Netflix is raising the price for its most popular U.S. video streaming plan by 10 percent— a move that could boost its profits but slow the subscriber growth that drives its stock price.

The change announced Thursday affects most of Netflix’s 53 million U.S. subscribers.

WHAT GOES UP

Netflix will now charge $11 per month instead of $10 for a plan that includes HD and allows up people to simultaneously watch programs on two different internet-connected devices.

The price for another plan that includes ultra-high definition, or 4K, video, is going up by 17 percent, to $14 from $12 a month. A plan that limits subscribers to one screen at a time without high-definition will remain at $8 a month.

The increase would be the first in two years for Netflix, although it won’t seem that way for millions of subscribers. That’s because Netflix temporarily froze its rates for long-time subscribers the last two times it raised its prices, delaying the most recent increases until the second half of last year for them.

Netflix isn’t giving anyone a break this time around. It will start emailing notifications about the new prices to affected subscribers Oct. 19, giving them 30 days to accept the higher rates, switch to a cheaper plan or cancel the service.

WHY PRICES ARE RISING

The price increase are being driven by Netflix’s desire to fatten its profit margins as it spends more money to finance a critically acclaimed slate of original programming that includes shows such as “House of Cards,” ”Orange Is The New Black,” ”Stranger Things,” and “The Crown.”

Those series’ success helped Netflix land more Emmy award nominations than any TV network besides HBO this year. It’s also the main reason Netflix’s U.S. audience has nearly doubled since the February 2013 debut of “House of Cards” kicked off its expansion into original programming.

But paying for exclusive TV series and films hasn’t been cheap. Netflix expects to spend $6 billion a year alone on programming this year, and the expenses are likely to rise as it competes against streaming rivals such as Amazon, Hulu, YouTube and, potentially, Apple for the rights to future shows and movies.

Both Amazon (at $99 per year, or about $8.25 per month) and Hulu ($10 per month) now offer lower prices than Netflix.

POSSIBILITY OF BACKLASH

Netflix believes its price rate is justified by recent service improvements, such as a feature that allows people to download shows onto phones or other devices to watch them offline.

But Netflix subscribers have rebelled against price increases in the past, most notably in 2011 when the company stopped bundling its streaming service with its DVD-by-mail service, resulting in price increases of as much as 60 percent for customers who wanted both plans. Netflix lost 600,000 subscribers and its stock price plummeted by 80 percent in the subsequent backlash. The company rebounded strongly, though, propelling its stock from a split-adjusted low of $7.54 in 2012 to about $184 now.

And Netflix blamed a temporary slowdown in subscriber growth last year on the lifting of its price freeze on long-time customers who decided to drop the service rather than pay slightly more money.

Wedbush Securities analyst Michael Wedbush believes less than 10 percent of current subscribers will cancel Netflix as price rise again, but he predicts it will be tougher to attract new customers who will choose cheaper alternatives from Amazon or Hulu.

Read more: http://www.foxnews.com/entertainment/2017/10/05/netflix-raising-prices-in-u-s-for-first-time-in-two-years.html

Continue Reading

Netflix Stuff

From Latex Strippers to Killing Hitler: Inside Netflix’s Wildest Series

Published

on

Sex isnt included in the title of Love, Death & Robots, the new animated Netflix series from directors David Fincher and Tim Miller (premiering March 15). But that doesnt mean there isnt plenty of R-rated eroticismnot to mention myriad Hitler deaths!to be found in this 18-episode anthology of sci-fi shorts about the strange, surreal and sinister.

Created by Miller (Deadpool, the upcoming Terminator: Dark Fate), who also serves as an executive producer alongside Fincher (Fight Club, Zodiac, Netflixs Mindhunter), Love, Death & Robots is a deliberately diverse affair rife with violence, humor and a healthy dose of sensuality. No matter that its installments are all computer generatedits for adults only, peppered with full-frontal female nudity, intermittent profanity and a dark, demented view of the world, both now and in the future, which is where most of its vignettes are set. Delivering bleakness and black comedy in distilled form via stories that rarely last more than fifteen minutes, its like Black Mirror for the ADD-addled video game crowd.

Interactive games are certainly evoked by two of the six episodes that were provided to press in advance, as both boast the photorealistic environments and admirably lifelike and emotiveif still clearly artificialhuman faces and figures found in AAA title cutscenes. Theres something startlingly authentic about the way vehicles move and physical spaces are rendered in Sonnies Edge, the shows first episode, even though its grimy blacks, greens and reds define the action in somewhat familiar sci-fi terms. Thats true of its narrative as well, about a young, facially-scarred combatant preparing to compete in a fight to the death against a male opponent. The Real Steel-ish catch is that shes not the one doing the actual brawling; instead, she uses mind-meld technology to pilot a giant reptilian creature (its head stretching backwards into a deadly spiked tail) against her adversarys brutish beast………………………………………………………………………”

Read more: https://www.thedailybeast.com/netflixs-love-death-and-robots-is-a-sex-filled-sci-fi-extravaganza-featuring-latex-strippers-and-killing-hitler

Continue Reading

Netflix Stuff

The Disappearance of Madeleine McCann | Netflix

Published

on

A detailed look at the disappearance of 3-year-old Madeleine McCann, who vanished while on holiday with her family. The Disappearance of Madeleine McCann. Only on Netflix March 15th.

Continue Reading

Netflix Stuff

Someone Great – Netflix Trailer

Published

on

Aspiring music journalist Jenny (Gina Rodriguez) has just landed her dream job at an iconic magazine and is about to move to San Francisco. Rather than do long distance, her boyfriend of nine years (Lakeith Stanfield) decides to call it quits. To nurse her broken heart, Jenny gathers up her two best friends Erin (DeWanda Wise) and Blair (Brittany Snow) for one outrageous last adventure in New York City. From writer/director Jennifer Kaytin Robinson (creator of MTV’s Sweet/Vicious) SOMEONE GREAT is a hilarious and heartfelt story of friendship, love, and what it means to let go of your twenties and enter adulthood. Watch Someone Great April 19 on Netflix!

Continue Reading

Trending