Netflix announces price increase, touts 305 million subscribers globally
The change comes amid a moment of major success for the company, which also announced it now has more than 302 million subscribers across the globe, with 19 million of those people signing up in the last quarter. So you’ll have plenty of people to commiserate with about coughing up an extra couple of bucks for the service.
T-Mobile is reportedly absorbing the impact of the latest Netflix price hike but not for users on the ad-free plans.
Netflix gained a record number of new subscribers in the fourth quarter. The ads plan has over 70 million worldwide users.
1don MSN
The streaming giant gets the latest round of stock price target hikes as experts opine on advertising and live sports upside: ...
Viewers responded when the streaming service expanded its live sports and other events, pulling in 46 percent more subscribers than the three-month period a year ago, even as it hikes prices.
The company also announced a $15 billion stock buyback and boosted its full-year revenue outlook in its after-hours report on ...
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