Netflix Raising Prices #netflix #raisingprice #streaming
My first reaction to Netflix raising their prices, is irritation. But in all fairness, we get more than what we pay for. If we want Netflix to continue producing good content and providing us with great entertainment, we can’t expect them to not make a profit.
Netflix announced that their new pricing would affect all three of their current plan tiers. It will increase prices by $1 and $2 across the board.
We can’t be too mad though, they have invested over $2 Billion in new debt this coming year. Plus, with Disney bringing on their new streaming service, Disney+, Netflix is losing Marvel. That’s a huge blow to profit.
So what do you think? Keeping Netflix? Or boycotting them for the cost of a coffee? Let us know in the comments!