What's Behind Netflix's Price Increases

Netflix (NASDAQ: NFLX) announced plans to raise prices for most of its services, and the market is reacting fantastically to the news. In this Industry Focus clip, we explain exactly what Netflix is changing, how long it'll take to roll the changes out, what the $1 to $3 changes are likely to mean for the company's bottom line, how customers are reacting -- or not reacting -- to the increases, and more.A full transcript follows the video.Continue reading

BING NEWS:
  • Netflix's Nordic rival Viaplay logs much slower Q1 growth, shares slide
    By Marta Frackowiak (Reuters) -Swedish video streaming company Viaplay said sales growth at its core operations slowed markedly in the first quarter due to price hikes, knocking its shares 7% lower.
    04/22/2024 - 9:53 pm | View Link
  • Netflix's Strong FCF Growth Could Push the Stock Higher
    Netflix had strong streaming membership growth in the fourth quarter of 2023, recording over 260 million streaming members, up 5.30% quarter over quarter and 12.80% year over year. Moreover, its ...
    04/22/2024 - 3:00 am | View Link
  • Netflix’s latest decision may frustrate you if you own its stock
    Netflix has been one of the stock market's brightest shining stars. Over the past 20 years, its business has morphed from delivering movie DVDs to subscribers through the mail into the world's largest ...
    04/20/2024 - 1:03 am | View Link
  • Netflix just hinted towards a plan that may aggravate its users
    Despite the criticism, Netflix managed to accelerate its subscriber growth and profits since making the change. In its first-quarter earnings report for this year, Netflix revealed that it has around ...
    04/19/2024 - 11:21 am | View Link
  • Netflix’s stock has worst day in two years as its ‘rite of passage’ gets panned
    Other technology companies have pulled back on financial disclosures as they’ve grown, and now Netflix will do the same.
    04/19/2024 - 10:54 am | View Link
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