If you’re sharing a network password with a friend you may want to let them know that your bill is about to get bigger. Netflix sent emails to its subscribers letting them know that their plans would be increased by $2. The streaming service budgeted for $8 billion for new content on its platform in 2018.
Netflix invested wisely because the streaming service took home a lot of awards during this year’s award season, including 23 Emmys for “The Crown”, “Stranger Things,” and “GLOW,” tieing with the reigning champ of award season, HBO.
According to analysts at CNN Business, existing customers see no problem paying more for Netflix as long as they continue to get diverse content. Here’s the complete story from WCVB-TV.