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Netflix To Raise Prices By 13% To 18% (cnbc.com)
Netflix 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. From a report: 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 internet-connected devices simultaneously. Even at the higher price, that plan is still a few dollars cheaper than HBO, whose streaming service charges $15 per month. The extra cash will help to pay for Netflix's huge investment in original shows and films and finance the heavy debt it has assumed to ward off rivals such as Amazon, Disney and AT&T. This marks the fourth time that Netflix has raised its U.S. prices; the last hike came in late 2017. But this is the first time that higher prices will hit all 58 million U.S. subscribers, the number Netflix reported at the end of September.
Yeash, you cable TV trolls just never stop do you.
#1: Advertising is absolute shit, I'd sooner not watch anything than go back to being brainwashed by ad networks
#2: Cable TV is broadcast on it's schedule and that's it. Miss a show/forget to DVR it? Too bad, so sad - better hope they decide to re-air it at a later date and time. Streaming let's you pick anything from the library to watch whenever and wherever you want it.
#3: Cable TV is f'ing expensive, and most people are paying for high speed internet service regardless of whether they want video entertainment to watch or not.
#4: Signing up for multiple streaming services is no different than deciding you want to pay for HBO, and Cinemax, and Showtime, and Starz, and etc. Except that most streaming services also offer huge libraries of other content, not just original content.
#5: You want ad supported streaming? Guess what, that exists! You can watch stuff on Hulu, Crunchyroll, Funimation, and I'll bet several other streaming services for free if you're willing to sit through some ads.