Netflix Price to Increase Gradually
With an increasing portfolio of impressive Netflix Original series, reports of price increase doesn’t come as a real shocker. Notable Netflix originals include: House of Cards, Orange is the New Black, The Unbreakable Kimmy Schmidt, Grace and Frankie, among other favorites
The current price is $7.99 per month, however, Netflix CEO Reed Hastings shared that prices will increase gradually. The Guardian reports that according to Hastings they “want to take it very slow”, and that the increased value of adding and building more content “over the next decade” will be appropriate for the planned price increase.
We’ll have to stay tuned what Netflix has in development both in content and pricing!