Netflix (NFLX) inventory rose barely in Friday afternoon buying and selling after the streaming platform raised the value of its subscriptions by $1-2.
Netflix’s primary plan within the U.S. rose by $1 to $9.99 monthly. The usual U.S. subscription now prices $15.49 monthly, up from $13.99. Netflix’s premium plan was elevated to $19.99 monthly from $17.99. The rise was first reported by Reuters.
The corporate will report This fall earnings on January 20.
“We perceive individuals have extra leisure selections than ever and we’re dedicated to delivering an excellent higher expertise for our members,” a Netflix spokesperson advised Reuters.