Netflix Raises Subscription Prices For New & Longtime Subscribers #movienews

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Netflix is raising its subscription prices for both new and longtime subscribers. Judging by past history, this change will be met by lots of backlash from users. On one level, that’s quite understandable. Most people live on a budget, and any change to said budget can conceivably be cause for concern. That said, it’s really not too surprising of a move for Netflix to make, as the streaming giant continues to accrue massive debts, mostly in service of producing more original content each year.

Netflix isn’t really in a position to cut costs when it comes to content creation either, as competitors like Hulu and Amazon are steadily pumping more and more ...

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