Netflix expected to make $500 million more per year after jacking up prices

[Guest Jacob Siegal]

http://androidforum.us/data/MetaMirrorCache/360614e953621547270b641feea41c2f.jpgOne or two extra dollars a month might not sound like much, but when you have nearly 100 million subscribers paying for your service, it adds up quickly. Earlier this year, Netflix revealed that all of its standard subscribers would have their monthly fees raised to $9.99 to match that of new subscribers joining the service. The price hike began rolling out in May, will continue throughout the year, and is likely to make Netflix hundreds of millions of dollars.

 

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