They stand to bring in Netflix Is About to Make an
Post# of 96879
the money they make VS the sub they lose... I think they come out on top..
In the past Netflix had allowed subscribers to keep their current price but new members would pay the new higher price. Now Netflix is telling everyone who was on a $7.99 or $8.99 a month plan that soon their bill will go up to $9.99 a month.
“We will phase out this grandfathering gradually over the remainder of 2016, with our longest-tenured members getting the longest benefit,” Netflix wrote in a recent press release.
Now, according to tech analyst Anthony DiClemente, Netflix should see an extra $520 million dollars every year from this new price hike.
See more at: http://cordcuttersnews.com/netflix-is-about-t...t63B2.dpuf