Netflix Price Hikes Could Lead Nearly 500,000 U.S. Subs to Cancel (Study)

About 27 million of Netflix’s U.S. streaming subs have either been subject to the price increase to $9.99 per month for the most popular two-stream HD plan, or will see it later this year, according to Nomura Securities analyst Anthony DiClemente. The price hikes could result in 480,000 customers cancelling their service, he estimated — while at the same time leading to about $520 million in additional annual revenue for Netflix – Todd Spangler, Variety http://ift.tt/28Km9MA
You must log in to post a comment.