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Netflix has been on a roll, driven by subscriber growth and price hikes. For the fourth quarter of 2024, the company reported net revenue of $10.2 billion, up from $8.8 billion in the year-ago ...
Netflix has announced it is increasing the costs of its monthly plans. ... Netflix, which did not raise prices in 2024, told shareholders on Jan. 21 that revenue grew 16% last year, while it added ...
In its last major U.S. price hike, in October 2023 Netflix raised the price of the Basic plan from $9.99 to $11.99 per month in the U.S. and upped the Premium price from $19.99 to $22.99. (In the ...
Netflix is a subscription streaming service owned by the American company Netflix, Inc. Launched on August 29, 1997, it initially offered DVD rental and sale by mail, but the sales were eliminated within a year to focus on the DVD rental business.
Netflix has made a number of changes in the past five years, eliminating its entry-level plan and adding an ad-supported option. That entry-level basic plan, in 2020, cost just $8.99 per month.
Netflix is expected to hike prices on its streaming plans in 2024 — a move that should accelerate its revenue and earnings growth — as it continues to take a bigger bite out of overall TV ...
The new prices are already reflected on the streaming service's website. The Netflix logo is seen on a TV remote controller in this illustration taken Jan. 20, 2022.
Netflix raised the prices of its streaming tiers in the US on Tuesday after the company reported nearly 20 million new subscribers in the fourth quarter.The company is raising the cost of its ad ...