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
Clear
75° wxIcon
Hi: 80° Lo: 53°
Feels Like: 75°
Brookings
Clear
75° wxIcon
Hi: 70° Lo: 51°
Feels Like: 75°
Crater Lake
Clear
69° wxIcon
Hi: 71° Lo: 44°
Feels Like: 69°
Grants Pass
Clear
77° wxIcon
Hi: 76° Lo: 50°
Feels Like: 78°
Klamath Falls
Clear
69° wxIcon
Hi: 72° Lo: 43°
Feels Like: 69°
Bright and Warm Tuesday
KDRV Radar
KDRV Fire Danger
KDRV Weather Cam

Latest Video

Image

Tuesday, April 23 afternoon weather

Image

Skilled to Work: A Closer Look takes a deep look into skilled workers

Image

Tuesday, April 23 morning weather

Image

The Pledge: Sacred Heart Catholic School, Ms. Byrd

Image

Mount Shasta Schools

Image

Monday, April 22nd Evening Weather

Image

Cascade Bingo Hall Revamped

Image

Protecting and checking your skin from sun exposure

Image

Howard Prairie Lake Resort preparing for camping season

Image

Monday, April 22 afternoon weather

Community Events