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The price increases, announced Friday, will see Netflix’s Standard plan — its most popular tier, which provides two simultaneous HD streams — go up by $1.50, […] Netflix Hikes Prices in U ...
Prices also rose in Canada, where the standard plan climbed to C$16.49 from C$14.99. Shares of Netflix gained nearly 3% to $533.84 on Nasdaq after Reuters broke the news of the price rises.
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Active. ASN. 2906. Netflix is an American subscription video on-demand over-the-top streaming service. The service primarily distributes original and acquired films and television shows from various genres, and it is available internationally in multiple languages.
The prices for Netflix with ads ($6.99) and the standard plan ($15.49) are staying the same. However, the basic level will now be $11.99 and premium will be $22.99.
Netflix is a video on demand service which began expanding its business starting in 2010. The platform started in the United States and expanded for the first time in 2010, to Canada. [ 1 ] This marked the beginning of a long expansion process. By 2015, Netflix was operating in 50 countries.
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