Netflix Subscriptions Surge Despite Price Hike

Netflix Subscriptions Surge Despite Price Hike

Netflix revealed quarterly results for the period starting in October 2017 and it appears they surpassed all expectations. The company expected to add 6.3 million new subscribers during the quarter but actually ended up adding 8.3 million. Not only did they experience higher than normal growth, but they did so during a price hike. Netflix recently changed their $9.99 plan to $10.99. The company also increased their $11.99 plan to $13.99. The total number of Netflix subscribers is estimated at 117.6 million.

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avatar KALE: A geek who works in the IT Security field and lives in Dallas, TX. He is also a music geek who has played in several local bands. Previous to his IT career, Kale worked as a photojournalist. He brings technical advice and artistic counterpoint to the podcast.