Netflix is raising the price of its most popular plan

Netflix Quietly Raises Its Subscription Prices

"Most investors believe that Netflix is priced well below its value to consumers and want to see the management continue to increase monetization", Rob Sanderson analyst at MKM Partners said.

The streaming giant on Thursday raised the price of two of its memberships. But its standard plan will now cost $11 a month, up from $10, and the premium tier will rise from $12 a month to $14. The basic plan will will be unaffected and will remain at $7.99, which hasn't changed since the service was established seven years ago.

Netflix is cheaper than many of its competitors despite the current price hike.

Netflix on Thursday said it is bumping up subscription prices in the USA and parts of Europe as the leading online streaming service invests in more shows and features.

Scientists awarded Nobel Prize in Chemistry for biomolecular imaging
You're absolutely right, in the old form of electron microscopy you saw the contours, but you didn't see the atoms. The problem with freezing biological samples is that ice crystals diffract the electron beam , blurring the image.

Netflix's selection of content changes from month to month as the service rotates out TV shows and movies while adding new ones.

Analysts predict Netflix will see subscriptions rise to more than 160 million within the next three years, with global customers becoming the largest audience.

The cost of the popular streaming service is about to go up, but how much? The company has committed $15.7 billion to streaming content deals - with $6 billion earmarked for 2017 alone.

Netflix confirmed the price increase plan to Business Insider's Nathan McAlone in a statement.

Britain's oldest airline flies into administration
All affected customers were told to check decicated website monarch.caa.co.uk for more information . We'd also like to hear from people who work for Monarch and what the administration means for them.

The price increase are being driven by Netflix's desire to boost its profits 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", and "The Crown", in addition to "Stranger Things".

The second package to be a part of the Netflix price increase allows for simultaneous streaming on up to four devices.

But some were ok with the increase, and thought it was worth it for all the shows and movies Netflix has to offer.

Trump slams Puerto Rico: "They want everything to be done for them"
On Saturday morning , she responded to the president's tweet by saying nothing can distract from the priority of saving lives. But the mayor of San Juan, Puerto Rico's capital, hit back at stories about how well the relief efforts are going.

Related news:

Hot News

isis-killer-beheading-video-story-top Yes, now is the time to talk about gun control
Oct 06, 2017 - 00:23
Rabadi also said such tools are often used by sportsmen who want to modify their weapons for activities like target practice. Her ID was reportedly used to book the Mandalay Bay hotel room from where her partner, gunman Stephen Paddock, opened fire.

isis-killer-beheading-video-story-top The main allegations against Ted Heath
Oct 06, 2017 - 00:23
One offence in 1964 against a boy aged 15 is alleged to have happened while Heath was secretary of state for trade and industry. AN INDEPENDENT scrutiny panel has today "commended" Wiltshire Police for their involvement in Operation Conifer.

isis-killer-beheading-video-story-top Pakistan Sufi shrine: At least 13 killed in Baluchistan
Oct 06, 2017 - 00:21
Sarfraz Bugto, the provincial home minister, said "terrorists have shown their inhumaneness by attacking innocent civilians". The local administration also declared an emergency at hospitals in Sibbi and Dera Murad Jamali.

isis-killer-beheading-video-story-top 'Win for Einstein': Nobel Prize winners find gravitational waves in space
Oct 05, 2017 - 00:21
The LIGO project is a collaborative project with over one thousand researchers from more than 20 countries including India. Gravitational waves are extremely faint ripples in space, generated by some of the most violent events in the universe.

isis-killer-beheading-video-story-top New Ford CEO Jim Hackett promises a leaner, smarter company
Oct 05, 2017 - 00:20
The industry outsider on Tuesday afternoon will lay out for investors his strategic plan for the 114-year-old automaker. Hackett's plan also entails moving production of the Ford Focus from North America to China to save on costs.

isis-killer-beheading-video-story-top Defense Secretary Mattis defies Trump in call to preserve Iran deal
Oct 05, 2017 - 00:20
Indeed, Afghan security forces are now fully engaged in offensive military operations for the first time in the 16-year war. Pakistan's only leverage with U.S. is the land supply route to Afghanistan and threats of bolting to the Chinese camp.

isis-killer-beheading-video-story-top WWE 2K18 has Virtual Currency - but microtransactions are off the cards
Oct 05, 2017 - 00:08
A breakdown on the WWE 2K blog describes how you'll unlock these customization options for your wrestler in the game. MyPLAYER characters will now be used in both the singleplayer MyCAREER and the multiplayer Road to Glory modes.

isis-killer-beheading-video-story-top These cities are most likely to win Amazon's $5B HQ2 bid
Oct 05, 2017 - 00:08
The city also would encourage the local Economic Development Board to offer Amazon a tax freeze for up to 30 years. On Monday, the city council chose to de-annex 345 acres of land if they are chosen for the project site.

isis-killer-beheading-video-story-top Wal-Mart adds NY delivery company to e-commerce empire
Oct 05, 2017 - 00:07
New York City is also the testing ground for rival Target , which announced plans to purchase Grand Junction in August. Wal-Mart also is using its own trucks to deliver groceries to customers in Denver and San Jose, Calif.

isis-killer-beheading-video-story-top Healdsburg Fire Department open house Saturday
Oct 05, 2017 - 00:04
The fire department will be giving out a free phone app so families can make an escape plan from their home in case of a fire. Firefighters will be spreading the word about the importance of having a fire escape plan and always planning two ways out.

isis-killer-beheading-video-story-top Bangladesh, Myanmar agree to discuss return of Rohingya
Oct 04, 2017 - 00:11
More than half a million Rohingya Muslims fled their nation's army as it advanced, crossing into neighboring Bangladesh. This would be done according to criteria agreed in 1993, when tens of thousands of Rohingya were repatriated, she said.

isis-killer-beheading-video-story-top LaVar Ball just pulled LaMelo Ball out of high school
Oct 04, 2017 - 00:09
While even LaVar doesn't have the juice to force UCLA to cycle through coaches, he can make life hard for Alford if he chooses. It seems like anybody whose training over here that coach don't want him in the team.

isis-killer-beheading-video-story-top Uber CEO meets with TfL after licence withdrawal
Oct 04, 2017 - 00:06
The app-based taxi firm will not be able to pick up passengers in the city beyond the expiry of its current licence. London represents one of the firm's biggest markets, with more than 40,000 drivers and 3.5 million customers.

isis-killer-beheading-video-story-top VN manufacturing PMI uplifts in September
Oct 03, 2017 - 02:19
Survey respondents indicated that business expansions and promotional activities would lead to further improvements in demand.

isis-killer-beheading-video-story-top 'SNL' hammers President Trump over Puerto Rico response
Oct 03, 2017 - 02:07
During his tweet attacks this morning, Trump called NBC and CNN " fake news " for reporting Cruz's cries for more aid. People wade into the San Lorenzo River after a bridge was swept away by Hurricane Maria in Morovis, Puerto Rico .