Netflix hiking prices after adding record 19M | Gossip Wire

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Netflix hiking prices after adding record 19M…

Netflix added 18.9 million subscribers in its vacation quarter, blowing previous Wall Street’s forecasts, with dwell sporting occasions and the return of its in style South Korean collection “Squid Game” attracting a record quantity of new clients, the company reported Tuesday.

The streaming giant mentioned that because it continues to invest in programming that its members worth, it is going to increase prices for the service for many plans within the US, Canada, Portugal and Argentina.

In the US, the essential service with adverts would increase by $1 a month to $7.99, a 14% price increase, whereas the…

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