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Netflix Chooses Best Possible Time To Jack Up Its Subscription Fees

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News about Netflix’s plan to raise prices has spread quickly. And according to Broadcasting Cable, a new survey reveals about 9% of the streaming giant’s subscribers say they will drop their membership entirely in response to the hike in monthly subscription fees. The good news for Netflix was that of those 415 Netflix subscribers surveyed, 69% said they’d keep their subscription as is, and 16% said they’d drop to a lower tier. Study co-author Peter Fondulas says the timing of the price hike couldn't have come at a better time for Netflix, citing its hit Bird Box, the buzz it’s generated with Bandersnatch, and its strong subscriber growth in the fourth quarter of 2018.

Added on the 18/01/2019 18:06:24 - Copyright : Wochit

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