January 15, 2019

Netflix Is Getting More Expensive

Netflix is Getting More Expensive
You didn't think all that new high profile content would come cheap, did you? 

It seems like 2018 was the year Netflix blew the doors wide open on their original content game. Time to pay the piper. 

According to The Verge, Netflix will raise prices on all streaming plans in the United States. The HD streaming plan most subscribers have will jump from $11 a month to $13. 

The prices are going into effect immediately for any new subscribers, and current plans will go up over the course of the next three months. 

In 2018 Netflix had around 700 original series. That's a lot of opportunity for creatives. What does Netflix continuing to expand, as well as other competing streaming platforms mean? 

It means they need your ideas! So get writing!

Back to the business side of things... 

While it seems like Netflix is killing the streaming game, it's actually been quite costly to do so, and they have to keep a close watch on their competition. Disney+ is on the way, with that war chest of intellectual property, to say nothing of WarnerMedia as well as others.      

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Really seems like Netflix knows their days are numbered with Disney+ coming - which will be 1. cheaper 2. likely have superior content over time (since netflix really owns very little IP) 3. not actively trying to turn away conservatives like Netflix is.
My guess is that they see a massive problem coming, know they are in trouble, and trying to milk every last penny before their stock tanks in November 2019. Look for all big-wigs at Netflix to start cashing out their options over the next 8 months. Or not. Who knows. Seems like a rate hike would be a massive mistake if Netflix is looking long-term.

January 16, 2019 at 2:24PM, Edited January 16, 2:26PM

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