Tue. 01/15 - Netflix Raises Prices
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 15 January 2019
⏱️ 19 minutes
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| 0:00.0 | Welcome to the Tech Meme ride home for Tuesday, January 15th, 2019. I'm Brian McCullough today. |
| 0:10.0 | Netflix raises prices. Maybe the Apple battery replacement was a big deal after all. |
| 0:16.0 | Cops can't force you to unlock your phone with your face and Amazon is driving its retail |
| 0:21.1 | competitors into the arms of Microsoft. |
| 0:24.0 | Here's what you miss today in the world of tech. |
| 0:26.4 | Your monthly Netflix bill is going up. |
| 0:33.0 | Netflix this morning announced it was raising prices for all US subscribers by |
| 0:37.5 | between 13 and 18 percent depending on which plan you subscribe to. |
| 0:43.0 | Their most popular plan, the HD streaming plan will go from $11 a month to 13. |
| 0:50.0 | The most expensive plan, the one with 4K and 4 simultaneous streams to different devices, |
| 0:56.0 | will go from $14 a month to 16. |
| 0:59.0 | And even the basic plan, which doesn't even get you HD, is going from $8 to $9 a month. |
| 1:06.2 | So that's the purse strings math but here's the more important math. |
| 1:10.7 | This is Netflix's biggest rate hike ever and it comes on the heels of Netflix's last price hike just 15 months ago. |
| 1:20.0 | Previous times that Netflix has raised prices, it has tended to only do so to certain |
| 1:26.6 | plans or certain users, but this one hits everybody across the board. |
| 1:31.2 | Well, specifically, it will affect new subscribers immediately and then rollout to all U.S. customers |
| 1:36.1 | in the next three months. |
| 1:38.4 | We change pricing from time to time as we continue investing in great entertainment and improving the overall Netflix |
| 1:44.8 | experience Netflix said in a statement. |
| 1:47.6 | Yes but this price hike is coming at a particularly interesting time. |
| 1:54.4 | All of those competing streaming services are supposedly coming online in the next 18 months |
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