- FYI April 21
Netflix revealed Monday that it plans to increase prices for new subscribers at some point this quarter, or before July.
In a quarterly note to shareholders, Netflix CEO Reed Hastings said the plan is to raise U.S. prices by a dollar or two after a similar price hike in Ireland went smoothly. As of now, U.S. customers can stream unlimited movies and TV shows for $7.99 per month.
If you're an existing Netflix customer, don't worry — at least not yet. Hastings added in his letter that customers will stay at their current rate for a "generous time period."- -
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Why you should stop believing in evolution
- How Israel's hawks intimidated and silenced the last remnants of the anti-war left
- The secret to handling pressure like astronauts, Navy SEALs, and samurai
- Why China thinks it could defeat the U.S. in battle
- What you need to know before you support the police in Ferguson
- Welcome to the age of ambivalent feminism
- How the West produces jihadi tourists
- The real lesson of Rick Perry's mug shot
- Why your employer should clean your house and do your laundry
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