Netflix plans to raise rates once again


(WFLA/CNN Newsource) – You may need to make more room in the budget for your streaming services.
Netflix plans to raise rates again.

The streaming service will increase plans in the US by $1 to $2 over the next billing cycle.

Netflix said the increased revenue will help it add more television shows and movies.

The company has been investing heavily in original content.

It budgeted $8 billion for new shows and movies in 2018.


Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest Videos

More Video

More Local News

3-Day Forecast