The $15.50 per month price for Netflix's most popular streaming option in the U.S. will remain unchanged, as will a $7 monthly plan that includes intermittent commercials.
The increase left Netflix with about 247 million worldwide subscribers, well above the 243.8 million projected by analysts surveyed by FactSet Research.
Netflix has picked up more than 16 million subscribers through the first nine months of the year, already eclipsing the 8.9 million subscribers that it added all of last year.
The crackdown also has boosted Netflix’s in another way – current subscribers can share their accounts with someone living outside their households by paying higher monthly fees.
The higher prices for Netflix's premium plans also seems likely to divert more subscribers into the ad-supported option.
Persons:
it’s, ’, Greg Peters, hasn’t, Harding, Uday Cheruvu, Peters, ” Cheruvu, “, ”, Scott Purdy
Organizations:
FRANCISCO, Netflix, FactSet Research, Google, Facebook, Microsoft, KPMG
Locations:
U.S, —, France, Los Gatos , California