Netflix is raising prices for all of its U.S. subscribers. It's most popular plan will go from $11 to $13 per month. The company says the price increase will help pay for original shows and finance debt.
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Netflix raising price to $13 a month — its biggest hike everThe company says the extra cash will help to pay for its huge investment in original shows and films and finance the heavy debt it has assumed.
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LIVE: Netflix reports its Q4 earnings nowNetflix reports Q4 earnings on Thursday after market close, just days after a price hike, which took its most popular plan from $11 per month to $13.
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Netflix falls after slight Q4 revenue miss and solid subscriber growth numbersNETFLIX EARNINGS: •Q4 revenue: $4.19B, vs $4.21B est. •Q4 EPS (GAAP): $0.30, vs $0.24 est. •Q4 total paid subscriber growth: 8.8M, vs 7.6M est. •Q1 total paid subscriber growth guidance: 8.9M, vs 8.5M est.
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Chasing $13 bln Nexon throws Tencent off its gameThe Chinese titan behind “League of Legends” is eying control of its rival, which makes “Counter-Strike.” Tencent probably could help Nexon move faster from PCs to mobile. But slower industry growth and a Beijing crackdown suggest boss Pony Ma would be wiser to focus elsewhere.
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Netflix raising prices for 58M US subscribers as costs riseNetflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its streaming service 12 years ago. Its most popular plan will see the largest hike, to $13 per month from $11. That option offers high-definition streaming on up to two different...
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