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-0.000526641174180837 -0.00375518054633297 0.00233553912028031 4.57948847114744E-05 0.00634259153252588 0.00634259153252588 0.00634259153252588 0.00634259153252588
Stock impact report

Netflix Is Raising Prices Again—Here's What The Streaming Giant's Plans Cost Now [Yahoo! Finance]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Yahoo! Finance
The move is the latest in a string of price hikes across the streaming industry in recent months. Watching shows on Netflix just got a bit more expensive. The streaming giant raised subscription prices for new customers as of Thursday, with the new rates set to take effect for current Netflix ( NFLX ) customers at their next billing cycle. Netflix's standard plan with ads, its lowest-cost plan, will now cost $1 more at $8.99 a month. The monthly rates for its standard and premium plans without ads are each rising $2 to $19.99 and $26.99, respectively, and the cost of adding another member to a plan is also $1 more at $6.99 per month. Why This Is Significant The move could help Netflix drive up profits and boost enthusiasm for its stock, but further strain the budgets of consumers who saw several streaming services raise prices last year. The move marks the latest in a string of hikes by other streaming services in recent months , and comes just over a year since Netflix l Show less Read more
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