Latest Weather Blog
Netflix raising prices for 58M US subscribers as costs rise
SAN FRANCISCO (AP) - Netflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its streaming service 12 years ago.
Its most popular plan will see the largest price hike, to $13 per month from $11. That option offers high-definition streaming on up to two different internet-connected devices simultaneously. Even at the higher price, that plan is still a few dollars cheaper than HBO, whose streaming service charges $15 per month.
The extra cash will help to pay for Netflix's huge investment in original shows and films and finance the heavy debt it has assumed to ward off rivals such as Amazon, Disney, and AT&T. Its annual programming costs reached $8 billion in 2018.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Suspected gunman found hiding in woods after day-long manhunt in Zachary
Officer Shawn Kelly dies in hospital weeks after shootout at Denham Springs...
Daughter of LSU legend Billy Cannon sends dazzling gift to Kim Mulkey...
Deputies seize more than 3,000 fentanyl pills after months-long investigation into huge...
Nearly 40 rounds fired during drive-by shooting captured on camera
LSU baseball prepares for NCAA Regional play
LSU, Tulane to meet in first round of Baton Rouge Regional as...
LSU president reminisces during team trip to DC
Southern baseball sweeps Arkansas-Pine Bluff to finish out regular season
A candid conversation with Kim Mulkey - Watch the half-hour special on...