Reuters exclusively reports Netflix raises monthly subscription prices in U.S., Canada; market reacts | Reuters News Agency


Entertainment & Lifestyle

Reuters exclusively reported that the world’s largest streaming service has raised its monthly subscription price by $1 to $2 per month in the United States depending on the plan to help pay for new programming to compete in the crowded streaming TV market. The standard plan, which allows for two simultaneous streams, now costs $15.49 per month, up from $13.99, in the United States. Prices also went up in Canada, where the standard plan climbed to C$16.49 from C$14.99.

Market Impact

Netflix’s shares surged 3% following the Reuters report. 

Article Tags

Topics of Interest: Entertainment & Lifestyle

Type: Reuters Best

Sectors: Equities

Regions: Americas

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story


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