BREAKING NEWS: Interstate 5 Closed North of Grants Pass Full Story
SEVERE WX: Wind Advisory - Winter Weather Advisory - Winter Storm Warning View Alerts

Netflix Raising Prices for 58 Million U.S. Subscribers

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.

Posted: Jan. 15, 2019 7:15 AM
Updated: Jan. 15, 2019 7:21 AM

SAN FRANCISCO (AP) - 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.

Its most popular plan will see the largest price 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. Its annual programming costs reached $8 billion in 2018.

Article Comments

Medford
Overcast
39° wxIcon
Hi: 49° Lo: 34°
Feels Like: 32°
Brookings
Overcast
44° wxIcon
Hi: 44° Lo: 38°
Feels Like: 44°
Crater Lake
Overcast
31° wxIcon
Hi: 34° Lo: 27°
Feels Like: 21°
Grants Pass
Overcast
32° wxIcon
Hi: 45° Lo: 35°
Feels Like: 32°
Klamath Falls
Overcast
31° wxIcon
Hi: 36° Lo: 25°
Feels Like: 21°
Wintry Weekend Weather
KDRV Radar
KDRV Fire Danger
KDRV Weather Cam

Latest Video

Image

VIDEO FORECAST: Wintry Weekend

Image

Afternoon Rain & Snow, Drought Report

Image

Slick Morning Commute

Image

VIDEO FORECAST: Messy Friday Morning Commute

Image

Oregon Tech Students Build Cars to Compete on World Stage

Image

VIDEO FORECAST: Wintry Weather Through the Weekend

Image

ODF Hoping for Snow; NWS Says Snowpack at 60-70 Percent

Image

VIDEO FORECAST: Falling Snow Levels Tonight

Image

Daily J! - Valentine Gifts

Image

Roasted Beet Salad

Community Events