Tag Archives: price

Roku shares are soaring on earnings beat and strong streaming growth

Roku reported earnings of $0.05 per share compared to $0.03 expected by analysts, according to Refinitiv. The company also surpassed revenue estimates of $262 million, per Refinitiv, reporting $276 million in revenue for the quarter. – Lauren Feiner, CNBC » https://ift.tt/2E2cLEm
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Hulu drops to just $5.99 per month after Netflix’s price hikes

Hulu does have one price hike of its own: the company is increasing the cost of its Hulu with Live TV service, which will jump to $44.99 instead of the current $39.99. As a result, the gulf between the standard service and Hulu’s internet TV offering is growing wider and a dollar shy of $40. The justification for the uptick in price is an increased channel selection — Hulu reached an agreement with Discovery, Inc. – Chris Welch, The Verge » http://bit.ly/2FJzybc

Analyst: few Netflix subscribers plan to cancel after the latest price increase

In detail, 70% of the [Hub Entertainment Research] sample said that they had heard about the price increase and even though about half of Netflix subscribers say they are unhappy about the increase, the rest were accepting, or even positive about potential upsides. Standard (51%) and premium (44%) subscribers were more likely than basic subscribers (37%) to say they were annoyed or angry about the increase. – Joseph O’Halloran, Rapid TV News » http://bit.ly/2FQNaRr

Netflix is raising prices across of all of its tiers

Netflix is raising prices across all of its streaming plans between 13 to 18 percent, marking its largest price hike to date. CNBC reports that the lowest $8 tier will now cost $9 while the $11 and $14 plans will increase to $13 and $16, respectively. New subscribers will be subject to the higher prices immediately while current Netflix members will see the new pricing roll out over the next three months, according to CNBC. – Mallory Locklear, Engadget » https://engt.co/2FAyWUz

Pandora matches Spotify and Apple Music with new $15-a-month family plan

The family deal looks like Pandora’s latest effort to try and convert some of its 80 million monthly free listeners to paid subscribers (and keep pace with its rivals in the process). The company launched its Premium service last March after acquiring key assets from Rdio, but has a way to go to catch up with the likes of Spotify, which had 70 million paid users as of this January compared to Pandora’s roughly six million. – James Vincent, The Verge https://ift.tt/2seWkPK

MoviePass Parent’s Stock Slides to Another Record Low

[Helios and Matheson Analytics] slid 5 cents, or 12%, to close at 41 cents on Friday. The issue has now lost more than 80% of its value during the past three weeks and declined steadily since a May 8 filing with the U.S. Securities and Exchange Commission that revealed it had $15.5 million in available cash at the end of April, plus $27.9 million on deposit with merchants while monthly expenses totaled $21.7 million. – Dave McNary, Variety https://ift.tt/2xdjpr9
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