Business

Netflix Raises Prices on All Streaming Plans in US

HOUSTON FORWARD TIMES — Netflix subscribers in the United States are about to see a price hike across all subscription tiers

Published

7 years ago

January 17, 2019

Oakland Post

By Chelsea Lenora White

Netflix subscribers in the United States are about to see a price hike across all subscription tiers.

The service’s most popular plan will increase from $11 to $13 per month for HD streaming. Netflix’s most expensive plan, which offers 4K content and up to four simultaneous streams on different devices, will increase from $14 to $16. And the service’s basic plan, which doesn’t offer HD, will raise from $8 to $9.

These price hikes will affect all new subscribers immediately, according to AP, with current subscribers set to experience the hike over the next three months.

Netflix CEO Reed Hastings has said in the past that incremental price hikes will be needed as the company invests more money in original series and licensing popular programming.

“Price is all relative to value,” Hastings said in late 2017, the last time American subscribers saw an increase. “We’re continuing to increase the content offering and we’re seeing that reflected in viewing around the world.”

Original series and licensed content don’t come cheap. Netflix reportedly spent $100 million on retaining the streaming rights to Friends, one of the streaming service’s most popular series, according to various reports. The streaming service is also investing heavily in building its own exclusive library. It had approximately 700 original shows in 2018 alone and is expected to develop more this year.

As other streaming services like Hulu — and new platforms like Disney+, WarnerMedia, and NBCUniversal’s recently announced service — start to flood the landscape, Netflix will have to continue investing in original content and films to keep subscribers interested. Netflix currently has 58 million domestic subscribers, according to the company’s most recent investors meeting, with close to 80 million international subscribers.

Developing a slate of foreign TV series and films, like the Golden Globe winning Roma, directed by Alfonso Cuarón, is also a top priority for the company. Netflix has amassed approximately $8 billion in longterm debt as of September 2018 — a cost of investing so heavily and so quickly in original content. Jon Landgraf, FX Networks president, told a group of reporters in 2016 that Netflix’s rapid growth seemed unsustainable.

“I think it would be particularly bad if anyone in one company, and I don’t care what company that is, if they were able to seize a 40 or 50 or 60 percent market share in storytelling,” Landgraf said at the time. “They can’t double again and double again and double again because the entire earth’s surface would be covered in Netflix shows in 20 years.”

This article originally appeared in the Houston Forward Times.

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Seth Curry Makes Impressive Debut with the Golden State Warriors

Seth looked comfortable in his new uniform, seamlessly fitting into the Warriors’ offensive and defensive system. He finished the night with an impressive 14 points, becoming one of the team’s top scorers for the game. Seth’s points came in a variety of ways – floaters, spot-up three-pointers, mid-range jumpers, and a handful of aggressive drives that kept the Oklahoma City Thunder defense on its heels.

Published

7 days ago

December 4, 2025

Oakland Post

Seth Curry is a point guard on the GSW team.Photo courtesy of the Golden State Warriors.

By Y’Anad Burrell

Tuesday night was anything but ordinary for fans in San Francisco as Seth Curry made his highly anticipated debut as a new member of the Golden State Warriors. Seth didn’t disappoint, delivering a performance that not only showcased his scoring ability but also demonstrated his added value to the team.

At 35, the 12-year NBA veteran on Monday signed a contract to play with the Warriors for the rest of the season.

One of the most memorable moments of the evening came before Seth even scored his first points. As he checked into the game, the Chase Center erupted into applause, with fans rising to their feet to give the newest Warrior a standing ovation.

The crowd’s reaction was a testament not only to Seth’s reputation as a sharpshooter but also to the excitement he brings to the Warriors. It was clear that fans quickly embraced Seth as one of their own, eager to see what he could bring to the team’s championship aspirations.

Warriors’ superstar Steph Curry – Seth’s brother – did not play due to an injury. One could only imagine what it would be like if the Curry brothers were on the court together. Magic in the making.

Seth’s debut proved to be a turning point for the Warriors. Not only did he contribute on the scoreboard, but he also brought a sense of confidence and composure to the floor.

While their loss last night, OKC 124 – GSW 112, Seth’s impact was a game-changer and there’s more yet to come. Beyond statistics, it was clear that Seth’s presence elevated the team’s performance, giving the Warriors a new force as they look to make a deep playoff run.